Keynes Against Capitalism: His Economic Case For Liberal Socialism, by James R. Crotty

Authors

  • Jacob Assa

Keywords:

book review, socialism, economic history, Keynes

Abstract

Common wisdom identifies the ideas of John Maynard Keynes—both in theory and policy—with either social democracy or, in its mainstream version, with the “third way” or progressive liberalism. James Crotty’s new book Keynes Against Capitalism (2019) begs to differ. Using a painstaking analysis of Keynes’s own writings from the 1920s to his death in 1946, Crotty argues that Keynes belongs in the same category as Bernie Sanders and Jeremy Corbyn, a position described by Keynes as “liberal socialism.”

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Published

2020-03-05

How to Cite

Assa, J. (2020). Keynes Against Capitalism: His Economic Case For Liberal Socialism, by James R. Crotty. The New School Economic Review, 10(1). Retrieved from https://nsereview.org/index.php/NSER/article/view/83

Issue

Section

Book Reviews