RockBottom@feddit.org to Political Memes@lemmy.world · 5 days agoShocked Pikachulemmy.worldimagemessage-square31linkfedilinkarrow-up1460arrow-down16file-text
arrow-up1454arrow-down1imageShocked Pikachulemmy.worldRockBottom@feddit.org to Political Memes@lemmy.world · 5 days agomessage-square31linkfedilinkfile-text
minus-squareCommiunism@lemmy.dbzer0.comlinkfedilinkarrow-up5arrow-down1·4 days agoIf capitalism was that simple, Keynesianism wouldn’t have gone away in the 80’s
minus-squareRockBottom@feddit.orgOPlinkfedilinkarrow-up2·4 days agoEither that or there was a powerful group of people having an interest in ending Keynesianism.
minus-squareCommiunism@lemmy.dbzer0.comlinkfedilinkarrow-up2·4 days agoThe interest group that both propagated Keynesianism and ended it was the exact same, what changed their attitude was the profit rate boom from WW2 finally drying up and that economic philosophy no longer being sustainable as a result.
minus-squareRockBottom@feddit.orgOPlinkfedilinkarrow-up1·4 days agoPlease let me pay 70% income tax. - Milton Friedman
If capitalism was that simple, Keynesianism wouldn’t have gone away in the 80’s
Either that or there was a powerful group of people having an interest in ending Keynesianism.
The interest group that both propagated Keynesianism and ended it was the exact same, what changed their attitude was the profit rate boom from WW2 finally drying up and that economic philosophy no longer being sustainable as a result.
Please let me pay 70% income tax. - Milton Friedman