Morning Comrades.
As mentioned earlier this week, a comrade on here asked for me to write about Keynes and who am I am to decline such a request.
You might ask yourself, why and who the fuck is Keynes, and even those that know him and his work will potentially wonder, why, again? Solid question and I had to think about that a hot minute also. The fact remains, that knowing these ideas, their influences and so on will not make your life any better, it won’t lower your rent, it won’t get rid of the cops in your neighbourhood nor will it help you smack a fucker around the head with chair that deserves, for community improvement and all that. It is an endless debate about where and how to weigh theory and praxis and you know what, that shit changes on the daily, there is no magic formula and certainly not one that applies universally.
John Maynard Keynes, 1st Baron Keynes CB, FBA was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles. As far as capitalists go, he is what Marx is to us, and with that, fuck yes it is important to know what he said, what his influence is, to this day and how we can think about his economic world view from a Marxist POV - again, one of these “the more you know” dispatches and you better believe that knowing this work is vital, because Keynesian Economics rules everything around us.
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