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Keynes against capitalism : his economic case for liberal socialism

Author: James R Crotty
Publisher: London ; New York Routledge 2019
Series: Economics as social theory, 48
Edition/Format:   Computer file : EnglishView all editions and formats

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Additional Physical Format: Erscheint auch als:
Named Person: John Maynard Keynes
Material Type: Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: James R Crotty
ISBN: 9780429464911 0429464916 9780429877056 0429877056
OCLC Number: 1120149047
Notes: Angekündigt als: Keynes and liberal socialism, radical views on the economic role of the state.
Description: 1 Online-Ressource.
Contents: 1. Introduction: was Keynes Trying to Save Capitalism or Create "Liberal Socialism"? Part I: From The Economic Consequences of the Peace to The General Theory2. The Economic Consequences of the Peace: 1919 3. Making Sense of Chaos: 1919-1923 4. Public Investment and State Planning in 1924: The Real Keynesian Revolution Begins 5. The Return to Gold in 1925: Deflation, Social Justice, and Class Struggle 6. Three Important "Essays in Persuasion" on the Proper Economic Role of the State: 1925-1926 7. Destructive Competition, Corporatism, Industrial Policy, and the New Economic Role of the State: 1927-1928 8. 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 9. On the Edge of the Great Depression: Keynes Continues His Efforts to Gain Political Support for the Radical Policies in Britain's Industrial Future 10. Keynes on "Insane" Financial Markets and the Emergence of Stagnation in the USA in the Early 1930s 11. National Self-Sufficiency: 1933 Part II: The General Theory: The Ultimate Defense in Theory of Keynes's Radical Policy Agenda 12. Methodology and Ideology: Keynes Versus the Classicists 13. The Priority of High-Unemployment Long-Run Equilibrium or "Secular Stagnation" in The General Theory 14. Upon Further Reflection: Keynes on Secular Stagnation in 1937 15. Keynes Versus the Classicists on the Effects of Wage and Price Deflation 16. Keynes Versus the Classicists on Disequilibrium Processes in the Bond Market17. Chapter 12 of The General Theory: The "Insane" Stock Market, Capital Investment, and Instability18. 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 19. Are the "Models" Keynes Created in The General Theory Compatible with the IS/LM Interpretation of the Book?: A Digression 20. Keynes's Radical Policy Views in The General Theory Part III: State Planning, Public Investment, and Liberal Socialism After The General Theory21. From The General Theory Until Britain Entered WWII: 1936-1939 22. Keynes and Government Postwar Economic Planning for "Liberal Socialism" During the War: 1939-1945 23. Thoughts on the Relevance of Keynes's Work to Solving Today's Economic Problems: The Society-Economy Nexus, Methodology, Theory, and Policy ReferencesIndex
Series Title: Economics as social theory, 48
Other Titles: Keynes and liberal socialism, radical views on the economic role of the state
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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