AbstractGet full access to this articleView all access options for this article.Get accessReferences1. Mandel E. 1978. Late capitalism. London: Verso.2. Kalecki M. [1967]1991. Problem of effective demand with Tugan-Baranowski and Rosa Luxemburg. In Collected works of Michal Kalecki, vol. 2, Capitalism: Economic dynamics, ed. Osiatnski J. Oxford: Clarendon Press.