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Keynes against capitalism : his economic case for liberal socialism

Author: James Crotty
Publisher: Abingdon, Oxon ; New York, NY : Routledge, an imprint of the Taylor & Francis Group, 2019.
Series: Economics as social theory, 48.
Edition/Format:   eBook : Document : EnglishView all editions and formats
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Additional Physical Format: Online version
Crotty, James, 1940- author.
Keynes against capitalism
New York : Routledge, 2019
(DLC) 2019001777
(DLC) 2018059994
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: James Crotty
ISBN: 9780429464911 0429464916
OCLC Number: 1103670763
Description: 1 online resource (xi, 397 pages.).
Contents: Introduction: was Keynes trying to save capitalism or create liberal socialism? --
From the economic consequences of the peace to the general theory --
The economic consequences of the peace: 1919 --
Making sense of chaos: 1919-23 --
Public investment and state planning in 1924: the real keynesian revolution begins --
The return to gold 1925: deflation, social justice and class struggle --
Three important essays in persuasion on the proper economic role of the state: 1925-1926 --
Destructive competition, corporatism, industrial policy and the new economic role of the state : 1927-28 --
Britain's industrial future and the board of national investment : a detailed analysis of the institutions to be used by the state to regulate capital accumulation in pursuit of full employment under liberal socialism --
On the edge of the great depression : Keynes continues his efforts to gain political support for the radical policies in Britain's industrial future --
Keynes on insane financial markets and the emergence of stagnation in the US in the early 1930s --
National self-sufficiency : 1933 --
The general theory: the ultimate defense in theory of Keynes's radical policy agenda --
Methodology and ideology : Keynes versus the classicists --
The priority of high-unemployment long-run equilibrium or secular stagnation in the general theory --
Upon further reflection : Keynes on secular stagnation in 1937 --
Keynes versus the classicists on the effects of wage and price deflation --
Keynes versus the classicists on disequilibrium processes in the bond market --
Chapter 12 of the general theory : the insane stock market, capital investment and instability --
The theory of the business cycle in chapter 22 : integrating the profit rate and the bond and stock markets in a theory of financial and economic instability --
Are the models Keynes created in the general theory compatible with the is/lm interpretation of the book : a digression --
Keynes's radical policy views in the general theory --
State planning, public investment and liberal socialism after the general theory --
From the general theory until britain entered WWII : 1936-1939 --
Keynes and government post-war economic planning for liberal socialism during the war : 1939-1945 --
Thoughts on the relevance of Keynes's work to solving today's economic problems : the society-economy nexis, methodology, theory, and policy --
References --
Index.
Series Title: Economics as social theory, 48.
Responsibility: James Crotty.

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"A huge value of the book is that it differentiates the messages of Keynes's original work from modern-day "Keynesians." Crotty shows that the IS-LM incarnation of Keynes captured very little of Read more...

 
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