Keynes Against Capitalism

Taylor & Francis

Keynes Against CapitalismHis Economic Case for Liberal Socialism\nAuthor(s): James Crotty\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138612839, 978-1138612839\nSynopsis\nKeynes is one of the most important and influential economists who ever lived. It is almost universally believed that Keynes wrote his magnum opus, The General Theory of Employment, Interest and Money, to save capitalism from the socialist, communist, and fascist forces that were rising up during the Great Depression era. This book argues that this was not the case with respect to socialism.\n\nTracing the evolution of Keyness views on policy from WWI until his death in 1946, Crotty argues that virtually all post-WWII \""Keynesian\"" economists misinterpreted crucial parts of Keyness economic theory, misunderstood many of his policy views, and failed to realize that his overarching political objective was not to save British capitalism, but rather to replace.