In the 1930s, thinkers like John Maynard Keynes and political leaders like Franklin Roosevelt, with brave and eloquent words still worth quoting, discarded capitalism’s mindless orthodoxies in order to save the liberal democratic order. One world war and tens of millions of deaths later, they succeeded.
Today, liberal democratic values are once again under siege, and the path paved by Keynes and Roosevelt is still the only way out. We should follow it.Project Syndicate
The Real Roots of Populism
Andrés Velasco, | former presidential candidate and finance minister of Chile, is Professor of Professional Practice in International Development at Columbia University's School of International and Public Affairs