Kalecki’s “On The Political Aspects of Full Employment”

February 6, 2020 Kapitalwhy

There are two elements to Kalecki’s important paper titled “Political Aspects of Full Employment”. The first is that of ‘full employment’ and the second, its political aspect. Kalecki is talking about the possibility and the politics of full employment in a capitalist economy. A Capitalist economy can be defined simply as an economy in which there is private ownership of the means of production. We’ll return to this definition at the end of this discussion. Continue reading “Kalecki’s “On The Political Aspects of Full Employment””

Lock-In!

October 10, 2017October 11, 2017 Kapitalwhy

QWERTY I begin this post, conveniently, using the first few letters on my keyboard. But why QWERTY when there was DHIATENSOR, which can account for 70% of English in the home row itself, or the Dvorak Simplified Keyboard, an efficient alternative? QWERTY arrangement emerged from a trial and error process to deal with typewriters getting jammed- the arrangement of QWERTY not only prevented jamming, but also added a marketing gimmick where typewriter salesmen can type TYPEWRITER using just the home row, with tremendous speed. A chance tie up with Renmington company, an arms manufacturer provided for the mass production, with … Continue reading Lock-In!