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What is it about capitalism that makes Keynesianism a horizon even would-be 
revolutionaries have trouble seeing past?

Marx lived long enough to declare himself “not a Marxist.” Keynes was not so 
lucky. Followers would make the distinction between “Keynesian economics” and 
“the economics of Keynes.” But by then the word had well and truly transcended 
the man. A name does not become an “ism” by genius alone. The work has to catch 
and ride a historical wave, and much of it never gets picked up, while what 
does get picked up starts growing new associations. “Keynesianism” has come to 
stand in for deficit spending, regulation, and the welfare state — three things 
the General Theory barely mentions, if at all.

Geoff Mann is well aware of the distinctions between Keynes the man, his work, 
and “Keynesianism.” But his book on Keynesianism, In the Long Run We Are All 
Dead, is quite deliberately more about the “ism” than the man. For Mann, Keynes 
is not even the originator of Keynesianism: that would be Hegel — “if not the 
first Keynesian, then his closest previous incarnation” — and we get several 
chapters
on Hegel before the focus shifts to Keynes himself. Mann’s Keynesianism is a 
perennial of modernity; Keynes was simply one of its most able articulators, 
which is why we came to know it by his name. Keynes himself appears in the book 
as a political philosopher who happened to be an economist, though it is no 
accident that the great political philosophies of capitalist society would be 
full of economics.


(More at:)
https://www.academia.edu/36158423/The_Keynesian_Counterrevolution?email_work_card=thumbnai
l-desktop


Jim Farmelant
http://independent.academia.edu/JimFarmelant
http://www.foxymath.com 
Learn or Review Basic Math


Jim Farmelant
http://independent.academia.edu/JimFarmelant
http://www.foxymath.com 
Learn or Review Basic Math

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