Episode for patrons $10+. Subscribe at patreon.com/bungacast
This month we discuss Polish economist Michal Kalecki’s landmark essay, “The Political Consequences of Full Employment”. This follows on from our recent free episode, ‘It’s Not Robots, It’s Capitalism‘ (ep 149) focusing on unemployment.
Kalecki anticipated both the Keynesian postwar settlement as well as its undoing, and the neoliberalism that followed. We focus on how Kalecki introduces the question of political authority into economics.
For reference, the next five Reading Clubs have already been announced: https://www.patreon.com/posts/41524278