01155pab a2200133 454500008004000000100002400040245005000064260000900114300001300123362000800136520081000144650002500954773004200979180718b2000 xxu||||| |||| 00| 0 eng d aAngelis, Massimo De aSocial relations and the Keynesian multiplier c2000 ap.80-103 aMar aThis paper offers a reading of the simple Keynesian multiplier through Marx's lenses. The objective is to make explicit, for the Keynesian multiplier, what from a Marxian perspective should be made explicit in any discourse about the capitalist economy, namely the role of the social relations of production. Since within given historical periods social relations are expressed in institutional forms, my analysis also gives some general insights about the basic institutional requirements assumed within the general Keynesian framework, requirements without which the Keynesian multiplier could not be operational. Finally, the paper also briefly outlines some important policy implications by comparing the main tenets of a Keynesian, neoliberal, and radical agenda for employment creation. - Reproduced aKeynes, John Maynard aReview of Radical Political Economics