My sense from reading Keynes is that he was only superficially acquainted with second-hand Marx, not enough so to borrow freely. I seem to recall that he was quite generous in intellectual support of the Marxist, Maurice Dobb, when he was a graduate student at Cambridge and commissioned him to write the Cambridge economic handbook on wages.
On Mon, Jul 18, 2011 at 6:17 PM, michael perelman < [email protected]> wrote: > He did not borrow freely from Marx, that is going too far. Keynes > believed that public spirited businessmen could take the lead in > organizing spending to get out of the depression. He took no account > of either replacement investment or new technology. > > But he was a brilliant economist -- like Robinson, more interested in > devising policies than in deep theory (not a flaw). > > On Mon, Jul 18, 2011 at 5:27 PM, raghu <[email protected]> wrote: > > On Mon, Jul 18, 2011 at 3:35 PM, michael perelman > > <[email protected]> wrote: > >> Lou is right about Keynesianism, but Keynes was not a Keynesian. For > >> all his defects, he looked forward to an increase in leisure rather > >> than production. > >> > > > > > > I am curious: from a Marxist perspective what exactly are the > > `defects' of Keynes? As I understand it, Keynes borrowed liberally > > from Marx's ideas (though never gave him credit), but nevertheless > > rejected Marx's program for proletarian revolution. Is that an > > accurate summary? > > -raghu. > > _______________________________________________ > > pen-l mailing list > > [email protected] > > https://lists.csuchico.edu/mailman/listinfo/pen-l > > > > > > -- > Michael Perelman > Economics Department > California State University > Chico, CA > 95929 > > 530 898 5321 > fax 530 898 5901 > http://michaelperelman.wordpress.com > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > -- Sandwichman
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