Question

Kalecki's degree of monopoly theory of distribution

Answer 1

capitalists also choose technology, which influences distribution. In this thesis we have tried to show the importance of technology in distribution. While examining the role of r-w ratio, an interesting by product hits the eye. The Keynesian multiplier is not always greater than one: it can be less than one also. Inherent in Kalecki’s theory of profit is a strand of thought that pointedly leads to a ‘profit multiplier’, though Kalecki himself did not seize this very interesting result. 

Answer 2

hy
here is your answer
as his theory of distribution, leaving no role for the degree of monopoly. Kalecki's theory of prices and distributi