Comments to the article “The political role of the State in Cambridge theories of growth and distribution”

Vol. 41 No. 1 (2021)

Jan-Mar / 2021
Published February 9, 2021
PDF-English
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How to Cite

Oliveira, João Gabriel de Araujo, Renato Nozaki Sugahara, and Joanilio Rodolpho Teixeira. 2021. “Comments to the Article ‘The Political Role of the State in Cambridge Theories of Growth and distribution’”. Brazilian Journal of Political Economy 41 (1), 207-14. https://doi.org/10.1590/0101-31572020-3159.

Comments to the article “The political role of the State in Cambridge theories of growth and distribution”

João Gabriel de Araujo Oliveira
Doutorando em Economia pela Universidade de Brasília – FACE-UnB, Brasília/DF, Brasil. Membro da Associação Keynesiana Brasileira
Renato Nozaki Sugahara
Professor Adjunto da Universidade Estadual de Londrina – UEL, Londrina/PR, Brasil.
Joanilio Rodolpho Teixeira
Professor emérito da Universidade de Brasília – UnB, Brasília/DF, Brasil.
Brazilian Journal of Political Economy, Vol. 41 No. 1 (2021), Jan-Mar / 2021, Pages 207-214

Abstract

This comment came to refute and correct the idea of Charles (2007) about the negatively implications in the income distribution when the government expand the consumption in favour to households. We prove that the political choice, to both cases (increasing consumption or increasing profit), impact positively the income distribution and does not affect the essential nature of the Kaldor neo-Pasinetti dynamic equilibrium results and the “Cambridge Equation”. The stability of the model is guarantee by applying the Olech’s Theorem to the case.

JEL Classification: O15; E12; G38.


Keywords: Distribution, post-keynesian, government, stability