Vom Ökonomen John M. Keynes ist der Satz überliefert, dass die Märkte länger irrational sein können als viele zahlungsfähig. Keynes' Theorie wird in turbulenten Zeiten gerne herausgeholt, um den Kapitalismus vor sich selbst zu retten. Ist aber mehr von ihm zu erwarten? Vielleicht in einem Dialog mit Marx? Das fragt der Sammelband aus unserer Backlist: https://dietzberlin.de/produkt/keynes-als-alternativer
@remixtures You write: "their bosses, who want to maximize profit". The economic ignoramuses like you can't understand that #profit is the proof that the #business makes people more happy (less unhappy). Under #capitalism, the businessman can't make a profit, if consumers don't buy his goods or services. So you should read/listen to the real economists, i.e. #Mises and/or #Rothbard, and don't repeat the nonsense of #Marx or #Keynes. https://mises.org/library/book/lessons-young-economist
#economics #politics
Trump tariffs in US, rearm europe war and economics, Keynes vs Hayek part II rap battle
Trump tariffs = US going keynesian? Soon bancor (or bitcoin) in replacement of dollar?
https://en.m.wikipedia.org/wiki/John_Maynard_Keynes
"The bad news, as demonstrated by the American story, is that an age of leisure will not automatically flow from increased productivity. The good news is that political interventions can bring us closer to this vision.
“While Keynes’ predictions regarding productivity growth have actually been exceeded over the past nearly 100 years,” conclude Behringer, Gonzalez Granda, and van Treeck, “the obstacles to more leisure time are primarily socio-political in nature.”
The Scandinavian social democracies, even in their recently weakened states, offer the starkest counterexample. They are highly productive, but their workers put in six to ten fewer hours per week than their American counterparts do, a trend that holds for low and high earners alike.
Unions have proven essential in translating productivity gains into shorter working hours. American union membership has collapsed since the postwar period; Scandinavian union rates have fallen recently, but workers in the region still maintain a powerful, centralized collective bargaining system that secures shorter workweeks, generous paid leave, and predictable schedules.
The comprehensive welfare systems in these countries further reduce overwork. With universal health care, subsidized childcare, free education through university, and robust social safety nets, Scandinavians don’t face the same financial pressures that drive Americans to sacrifice their free time for a paycheck. Importantly, these welfare policies have also increased female workforce participation, reducing women’s spousal dependency and decreasing the pressure on men to work long hours to support their families.
Scandinavian societies have seen inequality expand and their welfare states erode in recent years, but these features are still significantly more pronounced than in the United States."
https://jacobin.com/2025/03/work-keynes-scandinavia-class-leisure/
Meanwhile in Germany.... after years of the 'debt brake' fiscal limits (self-imposed constitutional limits on deficit spending), it looks like the need for an expansion of defence spending & Germany's infrastructure requirement, has prompted a potential reform (to be voted on this week) that allows some aspects of deficit spending to bypass the constitutional limitation.
Its like Keynsianism seems to be in the air; I wonder whether Rachel Reeves can see it yet?
John Maynard #Keynes “#EconomicPossibilities for Our Grandchildren”, the truth is that, at least in a simple technological sense, the global North has largely “solved” its economic problem. Yet #technology is, always has been, and will continue to be neutral. Even if #humanity possesses #sufficient specialized #knowledge to #liberate itself, a gravely and #persistently #unequal #social #structure continues to hamper all the world’s countries
Ask for a #UBI 
While Military Keynsianism (MK) seems to be in the thoughts of many politicians & commentators as a future path for Labour's growth plan, its worth noting that a form of organic Green Keynsianism (GK) is already under way with the UK's 'net zero economy' expanding fast, if not as fast as in the EU or China.
Of course, there's nothing to stop a Govt. doing both, and perhaps Labour should ramp up GK to complement any future MK?
This weekend the prospect of a form of military Keynsiansim has got even more coverage/commentary than last week....
It stating to look like an idea that is about to have its time (again).
So it looks like Military Kenynsianism is coming to a Government near you.
Keynes created a new paradigm for capitalism. During a time when the Bolshevik Revolution was still a recent memory, it was Keynes who took capitalism in a bold new direction to save it from oblivion.
As the Court of Tangerine Tyrant steps away from security cooperation with Europe (via NATO & other commitments), the Q. for European Govt.s looking at the current economic environment, would a form of military Keynisanism be a good idea?
Well, it might 'kill two birds with one stone' but ONLY if European states ramp up investment & development of their own military supply sectors & reduce their dependence on US suppliers...
And that may be a difficult sell for some Govts.
Over the last few days I've been invoking Keynes & Keynsian economics quite a bit, and so for those of you not so familiar with his work & thought(s)/analysis, here's a link to the relatively comprehensive Wikipedia article.
There's some good overview, but also (sorry) some more formal economic presentations - however, you can get a flavour of what its about if you are either unfamiliar with Keynes' work or need a quick refresher.
Q. So Rachel, is now the time for people's QE (quantitative easing)?
During the last financial crisis many Central Banks poured liquidity into the system by buying 'distressed assets' & 'refloating' the financial system.
Then many argued for a more Keynsian 'People's QE' that would put money not into the hands of asset holders but of everyday people.
Perhaps, with another period of stagnation upon us, we should be arguing for people's QE to revive 'effective demand'?
>> so it is working, then; just not for us...
>> So it's not so much #Keynes has been rejected, but rather it's only applicable when the rich are in trouble!
#Keynsian theory formed the underpinnings of #Reagan's obscene #TrickleDown theory in which the rich would reinvest money saved in taxes to drive growth.
#US has the rich getting richer while infrastructure like bridges and airports crumble, and services like #heathCare are only for those who can afford to pay.
@tazgetroete übrigens von demselben Wirtschaftswissenschaftler, der staatliche Ausgaben als Motor (kränkelnder) Wirtschaft empfahl, und auf den sich gerne Verfechter eines Schleifen der Schuldenbremse berufen: #Keynes 
@RealJournalism Paying people Universal Basic Income would raise the cost of living by the value of the UBI. We live under rentier capitalism. Any money paid to us they will take, because the cost of living is a cost we have to meet.
The government has to cut those bastards off at the knees and just provide what they are hoarding at a decent price. If I need more money to secure a place to live, why not just provide the place to live and euthanise the rentier?
@briankrebs donald is a lame duck - no threat of a second run is present and this sets up situation where overall economic policy does not have any momentum or inertia, his cabinet choices are paper tigers but we just have to wait and see #protectionism #gdp #keynes
@SheDrivesMobility #Keynes war richtig.
Jede*r Milliardär*in ist ein Beweis dass #Kapitalismus komplett dysfunktional ist...
"Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist" -Keynes
(h/t Hamilton Nolan https://www.hamiltonnolan.com/p/stupid-power)
