Keynes against capitalism : his economic case for liberal socialism / James Crotty.

Format:

Book

Author/Creator:

Crotty, James, 1940- author.

Contributor:

Anne and Joseph Trachtman Memorial Book Fund.

Series:

Economics as social theory ; 48.

Economics as social theory ; 48

Language:

English

Subjects (All):

Keynesian economics.

Socialism.

Liberalism.

Physical Description:

xi, 397 pages ; 24 cm.

Place of Publication:

Abingdon, Oxon : Routledge, 2019.

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 Theory: 2. 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 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 t he 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 market ; 17. Chapter 12 of the general theory : the "insane" stock market, capital investment and instability ; 18. 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 Theory: 21. 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 nexis, methodology, theory, and policy.

Notes:

Includes bibliographical references and index.

Local Notes:

Acquired for the Penn Libraries with assistance from the Anne and Joseph Trachtman Memorial Book Fund.

Other Format:

Online version: Crotty, James, 1940- author. Keynes against capitalism

ISBN:

9781138612839

1138612839

9781138612846

1138612847

OCLC:

1082328395