...The Economic Consequences of the Peace, and other studies. Excerpts from his General Theory follow: The outstanding faults of the economic society in...and inequitable distribution of wealth and incomes. ******* Up if) the point where full employment prevails, the growth of capital depends not at all on...

...The Economic Consequences of the Peace, and other studies. Excerpts from his General Theory follow: The outstanding faults of the economic society in...and inequitable distribution of wealth and incomes. ******** Up to the point where full employment prevails, the growth of capital depends not at all on...

...it might be appropriate to borrow his statement in the Concluding Notes of the General Theory: " ... The outstanding faults of the economic society in...and inequitable distribution of wealth and incomes". Ibid., p. 372. development in the land and agriculture (the primary sector), and in their belief in...

...that will become clear as we examine Wolfe's thesis in more detail. In The General Theory Keynes said that "the outstanding faults of the economic society in which we live are its failures to provide for full employment and its arbitrary and inequitable distribution of wealth."36...

...Indeed, his opening sentence of the last chapter of The General Theory (on social philosophy) asserts that "the outstanding faults of the economic society...arbitrary and inequitable distribution of wealth and income."35 Communities are factionated and demoralized by extensive and continuing unemployment and...

...wealth by taxation and transfer is fatal to capitalism, or even damaging. In Keynes's personal view. The outstanding faults of the economic society in...and inequitable distribution of wealth and incomes'. He was confident that both flaws could be corrected without sacrificing the efficiency and progressiveness...

...5-6. 5. The effective demand problem of the inter war period. I: Cyclical and structural unemployment The outstanding faults of the economic society in...and inequitable distribution of wealth and incomes. - John Maynard Keynes Although precipitated by a collapse of financial markets, the Great Depression...

...marginal efficiency of capital to zero would result in "the euthanasia of the rentier."30 To Keynes, "The outstanding faults of the economic society in...arbitrary and inequitable distribution of wealth and incomes."31 The first problem or fault can be remedied by the program of public policy which follows...

...the final chapter of the General Theory Keynes wrote: The outstanding faults of the economic system in which we live are its failure to provide for full...arbitrary and inequitable distribution of wealth and income.1 His dissatisfaction with the neoclassical account of those faults involved a "long struggle...

...policy ideas, and the very Weltanschauung flowing from his work. Keynes observed in the General Theory that "the outstanding faults of the economic society...arbitrary and inequitable distribution of wealth and income" (1936, 372). Minsky writes more tepidly that "the major flaw of our type of economy is that...