Charles Brown wrote: > The odious Summers has been caused > to take a good position on an issue. The > significance of that, in the ongoing debate > about O, is _not_ that Summers as an > individual is > unprincipled and shifty. I should think > that Keynes's philosophy would > be pragmatism , which is often opportunism.
it's always hard to draw a line, but Keynes' pragmatism went along with his principles: he was sure that his stratum of well-to-do intellectual types could guide the capitalist world to a better result, using centralized (state) help if necessary. It's sort of a Fabian capitalist perspective: capitalist reformism from above. I would guess that JMK was more principled than Summers, because seemed to be less self-serving and more self-reflective. > p.s. Are Krugman, Stiglitz et al on record > as being against capitalism ? no. Are there _any_ major or minor public figures who are against capitalism? -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
