this post was submitted on 12 Mar 2024
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Communism

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[–] supernicepojo 4 points 10 months ago (2 children)

This coming from the founder of Keynesian economics is laughable. A baron by birth, steeped in capitalist outcomes, furthered the ideals of capitalists and created a brand of demand-side economics that damaged humanity on a scale we will never know.

[–] [email protected] 10 points 10 months ago

In a general sense I won’t defend Keynes, but Keynesian economics was a better macroeconomics than the classical ones that preceded them or the neoclassical/neoliberal ones that succeeded them, and he had a better idea for international trade/balance of payments than US dollar hegemony: Bancor.

[–] [email protected] 3 points 10 months ago

Sounds like he really knew his stuff