Anathema Rules and We All Suffer
A recent article in the British newspaper, the Guardian, made the case that Keynesian Economics sought to salvage capitalism from its deficiencies and abuses by insisting that the profit motive be balanced with an equivalent social benefit.
I find that an interesting perspective on Keynes, perhaps analogous to the New Testament concept that Jesus came, not to destroy the Law but to perfect it. Perhaps that’s what Keynes sought to do with capitalism. But perhaps what’s needed is a dialectic synthesis between capitalism and socialism, although that’s what many perceived the welfare state to be.
Unfortunately, perverted emotional calls on all sides charging concepts with drastic negative versus positive connotations make true analysis difficult at best.
Anathema rules and we all suffer.
 © Guillermo Calvo Mahé; Manizales, 2011; all rights reserved