Great Keynes quote that bears repeating until it is no longer necessary to do so. There are various ways to do this, and a job guarantee is an obvious one in a capitalistic system.
Lars P. Syll’s Blog
Nonsense is nonsenseLars P. Syll | Professor, Malmo University
The hidden snag of Keynesianism:
ReplyDeletePublic Deficit = Private Profit
Keynes, Lerner, MMT, Trump and exploding profit
https://axecorg.blogspot.de/2017/12/keynes-lerner-mmt-trump-and-exploding.html
Egmont Kakarot-Handtke
The spoils of fiscal go to the largest contributors
ReplyDeleteJust take the ‘sense’ (thesis) and the ‘nonsense’ (antithesis) and synthesize them and you’re good to go no?
ReplyDeleteYou can’t employ the dialectic method without retaining some of the nonsense in the result of the synthesis...
“is financially ‘sound’ to maintain a tenth of the population in idleness for an indefinite period, ”
It’s only 10% in idleness what is the big deal? It could be 50% if the sense and nonsense split the difference..
“The relation between the three abstract terms of the triad, also known as the dialectical method, is summarized in the following way in the Encyclopedia of Sciences and Religions:
ReplyDelete(1) a beginning proposition called a thesis, (2) a negation of that thesis called the antithesis, and (3) a synthesis whereby the two conflicting ideas are reconciled to form a new proposition.[3]”
https://en.m.wikipedia.org/wiki/Thesis,_antithesis,_synthesis
syn·the·sis
ReplyDeleteˈsinTHəsəs
noun
combination or composition, in particular.
the combination of ideas to form a theory