MT
Malaclypse the Middle
@malaclypse.bsky.social
A hoopy frood who really knows where his towel is. Two wheels good, four wheels bad. Ex Sociology adjunct turned Accounting nerd. North of Boston, near witches. Born into a 321 PPM world. He/Him
1.4k followers770 following11k posts
There is an interesting argument amongst smart people - so nobody who equates Keynes with neoliberalism - that Keynes is a form of neoMarxism, because both Marx and Keynes, from different starting points, and with different conclusions, reject Say's Law.
i think keynes pretty clearly strongly disagreed with marx’s political agenda (the manifesto) but was well acquainted with “capital” and thought there was value in it - but also that keynes wasn’t really wrestling much with big questions of political systems as much as practical solutions
The big difference being that for Marx the collapse of Say's Law was a contradiction of capitalism that would be overcome by revolution, while Keynes believed it could be manages by state intervention.
MT
Malaclypse the Middle
@malaclypse.bsky.social
A hoopy frood who really knows where his towel is. Two wheels good, four wheels bad. Ex Sociology adjunct turned Accounting nerd. North of Boston, near witches. Born into a 321 PPM world. He/Him
1.4k followers770 following11k posts