Yanis really doesnt miss. If given the chance, pick it up, you wont be able to put it down. Great book.
#goodbook #book #read #subverterofthedominantparadigm #YanisVaroufakis #economics #neoclassicaleconomics #classicaleconomics #marx #keynes #freidman #socialism #capitalism #neoliberalism #rawls
Mit #BrettonWoods gab es zumindest initiiert von #Keynes mal im Ansatz einen Versuch von Einigen für ein international. Zahlungsausgleichssystem dass zumindest in den europäisch besiedelten Gebieten solch einer Ordnung versuchte näher zukommen. Und es wurde ein militärisches NehmenVerbot propagiert.
''[..]if a[...]particular country cuts wages, then, so long as others do not follow suit, that [...]country is able to get more of what trade is going. But if wages are cut all round, the purchasing power of the community as a whole is reduced [...] and, again, no one is further forward.'' #Keynes
This is essentially investment advice at the household level. But it does not address the #macroeconomic consequences.
If increased saving reduces spending and investment, it can actually lower income and #employment, which is the essence of #Keynes ’s paradox of thrift.
Onze #regering zijn de lessen van #Keynes voor het opvangen van de gevolgen van een #crisis vergeten. Omdat bedrijven veel #winst maken lijken zij te betogen dat er geen crises meer zijn Wat gebeurde er dan in 2008 (banken), 2020 (€). 3008-13 (huizen), 2020-22 (Corona), 2021-nu (oorlog en inflatie)?
(note to self) The neoclassical "voluntary #unemployment" framework has been deeply contested since #Keynes, and for good reason. The idea that 92,000 people simultaneously chose not to accept market #wages strains credulity.
“This, then, is how we can sum up the spirit of the theory of #effectivedemand: that it assumes #classstruggle and sets out to resolve it, on a day-to- day basis, in ways that are favourable to #capitalist development.” #Keynes open.substack.com/pub/adamtooz...
“ #Production and #creativity, #Keynes hoped, would replace #economy as the principles of #state #action. Renouncing the myopic pursuit of economization became the first step in a general transformation of #capitalist #civilization.” open.substack.com/pub/adamtooz...
''The policy of reducing Germany to servitude for a generation, of degrading the lives of millions [...] Justice is not so simple. And if it were, nations are not authorised, by religion or by natural morals, to visit on the children of their enemies the misdoings of parents or of rulers.'' #Keynes
Hier der ganze Text von #Keynes zu Laissaiz-Faire (eng verwandt mit Neoliberalismus)
Vielleicht kann @adamtooze.bsky.social oder das @surplusmagazin.de ja mal diesen Text thematisieren, der in 2026 nunmehr 100 Jahre alt wird.
gutenberg.ca/ebooks/keyne...
Eine Stelle in #Keynes' "The End of Laissaiz-Faire" lässt mich ratlos zurück, ob er hier blauäugig war oder schlichtweg falsch lag: die tendenzielle Entwicklung großer (monopolistischer) Kapitalgesellschaften.
Vielleicht helfen mir @oliverbweber.bsky.social oder @achimtruger.bsky.social weiter? ▶️
📖 Around this time each year we remember Keynes’s breakthrough economic ideas — explaining how governments can fight unemployment and shape growth. Love macro or maths? Economics might be your thing! 🇬🇧💡
#OnThisDay #Keynes #Macroeconomics #EconomicTheory #StudyEconomics
#Sparparadoxon (nicht nur) #Keynes (Gottseibeiuns der Neo"liberalen") und BWL 1. Semester: "mikroökonomisch sinnvolle Verhaltensweisen (Sparen) können sich makroökonomisch negativ auswirken." Logisch dass da unsere "Wirtschaftsparteien" überall kürzen müssen (Gehaltsrunden, Zuverdienst, Sozialhilfe)
''[...]Keynes[...]entwickelte ein Instrument,[...]„Clearing Union“ [.],die alle international gehandelten Waren und Dienstleistungen in einer globalen Handelswährung namens „Bancor” [...] verrechnen würde. Diese globale Reservewährung würde[...]die Hegemonie des US-Dollars beenden.'' #Keynes #Bancor
Tech bro time traveler goes back to the era of John Maynard #Keynes & Bretton Woods.
"John, in the future we've got it all worked out. You're gonna love this: we use insane amounts of energy to - store energy. We then quantize it, commodify it and call it 'An Economy'"
Keynes reaches for the 9mm
1944 economist #Keynes discarded the US as predominant global financial power for an entirely different rule-based #worldorder. New currency #Bancor as "unit of account" for transactions between governments & central banks, fixed to gold, all #currencies pegged to it.
www.abc.net.au/news/2026-01...
“As a result of extensive #deregulation of the #financialsystem, #money has seized control of the world #capitalist #economy. The result is much as #Keynes would have predicted: widespread #stagnation punctuated by #financialinstability”
“Far from being the insignificant thing described by Mill, #money takes control of the #economic action as a way of coping with #uncertainty. This, in a nutshell, is Keynes’s #economictheory of money.” #Keynes open.substack.com/pub/robertsk...
www.clearsky.app/globalvisibi...
#KEYNES #COLLEGE #KENT
aepiot.ro/advanced-sea...
#PUKGUKSONG 3
allgraph.ro/advanced-sea...
headlines-world.com
bsky.app/profile/did:...
better-experience.blogspot.com/2026/01/plat...
#EAGLE #FARM #MILTON #KEYNES
multi-search-tag-explorer.allgraph.ro/advanced-sea...
#TERRORISM #CONFINEMENT #CENTER
allgraph.ro/advanced-sea...
#WOLFGANG #RIES
multi-search-tag-explorer.aepiot.com/advanced-sea...
aepiot.ro
Artificial intelligence can end scarcity—but only if societies reform politics and economics to distribute power, work, and wealth fairly.
By Zia Ur Rehman
Read more: thefridaytimes.com/08-Jan-2026/...
#ArtificialIntelligence #Keynes #FutureOfWork #EconomicInequality #GlobalEconomy #Prosperity
Keynes foresaw abundance, not exclusion. In the age of AI, growth without institutions risks deep inequality instead of shared prosperity.
By Zia Ur Rehman
Read more: www.thefridaytimes.com/08-Jan-2026/...
#ArtificialIntelligence #Keynes #FutureOfWork #EconomicInequality #GlobalEconomy #Prosperity
Interesting article 'power not economic theory created neoliberalism' #Keynes #Hayek and thoughts on the #politics of change jacobin.com/2025/12/neol... @jacobinmagazin.bsky.social
John Maynard Keynes predicted a 15-hour work week by 2030. Instead, we got AI-driven data extraction. If we want the leisure Keynes promised, we have to own the data that fuels the future.
Read more on the new digital enclosures ⬇️:
#FutureOfWork #AI #Keynes #SelfHosting
#Keynes (1883-1946)
www.marxists.org/reference/su...
en.wikipedia.org/wiki/Liam_Ko...
www.darwinproject.ac.uk/thomas-henry...
www.theguardian.com/books/2025/s...
events.uvic.ca/event/91828-...
www.nobelprize.org/prizes/lists...
www.fraserinstitute.org/studies/esse...
en.wikipedia.org/wiki/Septemb...
Is this 'Dark Versailles?'
Is the latest proposal for peace between Russia and Ukraine inspried by the Treaty of Versailles (or is it all in my head)? #Geopolitics #Politics #Ukraine #Russia #Versailles #Keynes #International-law #Diplomacy
https://www.jrussell.ie/s/V4L4yvg.html
#BookReview: The #History Of #Money by David McWilliams (via @henryholtbooks.bsky.social). Solid Enough Primer.
#amreading #nonfiction #economics #money #Keynes #Friedman #VonMises #Hayek #Jesus #Gutenberg #goldstandard #gold #fiat #currency #BookSky📚💙💡
Imaginez
Le soc dem economisss John Maynard #Keynes disait y'a une centaine d'année que aujourd'hui, on n'aurait a travailler maximum 15h par semaine grâce aux technologie
VOUS VOYEZ L'ARNAQUE DU #CAPITALISME 🤷♀️ [1/3]
Rein rechnerisch könnten wir uns heute mit 15 Wochenstunden Arbeit das Dreifache des Lebensstandards aus Keynes Zeiten leisten. Wohin ist all diese Produktivität verpufft?
#Keynes #Produktivität #Arbeitszeit
makroskop.eu/42-2025/keyn...