We do not know yet how successful those activities are going to be. But it is clear that they constitute a light, rather than a thorough, version of international or global keynesianism, since those measures fail to address three requirements of a thorough global keynesianism, namely (1) structural changes of the world financial system (Keynes' ideas at the time of Bretton Woods were more far-reaching with respect to creating a global currency), (2) reversing global income inequality, (3) global restructuring for environmental sustainability. That is a mistake (three mistakes, to be precise).
Gernot ^^^^^ CB: Did Keynes propose global restructuring for environmental sustainability ? Not that it's a bad idea. This message has been scanned for malware by SurfControl plc. www.surfcontrol.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
