Political Aspects of Full Employment: A Reassessment of Kalecki

01 October, 1998

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Michal Kalecki’s classic article “Political Aspects of Full Employment”, published in The Political Quarterly in 1943,’ suggested a possible ambivalence of business interests in capitalist economies to the maintenance of full employment. It is still extensively cited in the economics, political science and sociology literatures. (The Social Science Citation Index records over 50 citings in the journal articles of other authors to Kalecki’s paper since 1980.)

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