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You do write drivel, but that's supply side economics for you!

 

drivel??Samuelson was the leading Keyesian fool for decades, chairman of department at MIT, and biggest textbook seller ever. And, he thought the USSR was doing just fine when it was starving 60 million to death and the living had 15% of our standard of living!!. See why we say liberalism is based in pure ignorance??

 

More drivel. Keynesianism has naff all to do with the Soviet Union. You do realise that don't you? You realise that its about protecting capitalism?

 

libcommienazi is about protecting capitalism???? See why we say pure ignorance??

As Communist Party General Secretary William Z. Fostercommented, "The Nazi fascists were especially enthusiastic supporters of Keynes."[65] Former Trotskyite[66] Dobbs recounted that Harvard economist Joseph Schumpeter observed that in Nazi Germany, "A work like Keynes’ General Theory could have appeared unmolested—and did." In the introduction to the 1936 German edition of his treatise, Keynes himself suggested that the total state that the National Socialists were then building was perfectly suited for the implementation of his investment schemes:

“ The theory of aggregate production that is the goal of the following book can be much more easily applied to the conditions of a totalitarian state than the theory of production and distribution of a given output turned out under the conditions of free competition and a considerable degree of laissez-faire.[67]-Keynes

 

Keynes wasn't a socialist. Don't you even know that?

 

more of a libfascistNazi:

“ The theory of aggregate production that is the goal of the following book can be much more easily applied to the conditions of a totalitarian state than the theory of production and distribution of a given output turned out under the conditions of free competition and a considerable degree of laissez-faire.[67]-Keynes

 

Your childish tags will always be ineffective. Keynes was a supporter of capitalism. Bit bleeding obvious really.

 

yes very obvious!!!! Just like its obvious that our liberals never spied for HItler and Stalin and that Sanders is not a communist!!
“ The theory of aggregate production that is the goal of the following book can be much more easily applied to the conditions of a totalitarian state than the theory of production and distribution of a given output turned out under the conditions of free competition and a considerable degree of laissez-faire.[67]-Keynes

 

There's no question in it! Keynes was not a revolutionary. Are you seriously telling me you didn't know?

 

I gave you his exact quote!! He was a libcommie ego maniac apostle who wanted power and could not have cared less what economy he controlled.

 

You took a quote from a right wing whack site. That Keynes was a supporter of capitalism is bleedin obvious. That he would find your attitudes rather backward perhaps equally so.

"How could I bring myself to be a Conservative? They offer me neither food nor drink—neither intellectual nor spiritual consolation. I should not be amused or excited or edified. That which is common to the atmosphere, the mentality, the view of life of—well, I will not mention names—promotes neither my self-interest nor the public good. It leads nowhere; it satisfies no ideal; it conforms to no intellectual standard; it is not even safe, or calculated to preserve from spoilers that degree of civilisation which we have already attained."

 

no dear i took a quote from Keynes!!!!

 

And misapplied it...

Keynes was a liberal democrat. Bit obvious really.

 

so then where would Keynes' "I am a Nazi" quote be correctly applied???? Do you know why you are so afraid to tell us??

 

He never said that did he? Comparing a liberal to a nazi continues to have no intellectual merit.

 

Keynes said his genius libcommie policies were best applied with a totalitarian govt. Now do you understand the natural affiliation between liberals and totalitarians, why our liberals spied for Hitler and Mao?

 

Again, you're deliberately misinterpreting his comments. Would a dictatorship have more economic control than a conservative regime ignorance of economics? Certainly. However, he was a liberal. I certainly don't see him as a friend of socialism. So why play pretend and make up silly terms for him? Its like you're scared of economics...

 

He was a lover of socialism who wanted to manipulate the economy like a puppet on a string!!

Thus, concludes Keynes, "the duty of ordering the current volume of investment cannot safely be left in private hands" (ibid.: 320). Instead, to turn the present misery into a land of milk and honey, "a somewhat comprehensive socialization of investment will prove the only means" (ibid.: 37. "The State, which is in a position to calculate the marginal efficiency of capital-goods on long views and on the basis of the general social advantage [must take] an ever greater responsibility for directly organizing investment" (ibid.: 164).

I trust that none of this requires further comment. It is all too obvious that these are the outpourings of someone who deserves to be called anything except an economist.

II.4. The Capitalist Process
Such a verdict finds still more support when Keynes's theory of the capitalist process is finally considered. That Keynes was no friend of capitalism or capitalists should be obvious from the quotations above. In fact, by advocating "a socialization of investment he comes out openly as a socialist."20 For Keynes, capitalism meant crisis.

 

If you read my post over again i never said i was against giving gifts, especially personal gifts. I said there is no "Merit" in it, within the context of a "Meritocracy".

 

Or have pockets deep enough to buy out other competition before they are large enough to compete, in affect stiffing innovation to ensure the monopoly continues to benefit the company in control of the market. You are preaching a basic understanding of economics, history tells us a different story.

 

so you want Nazis with guns to force high IQ parents to give their sperm to low IQ parents so all kids start out the same?

 

Sounds like your a 1%er, so sorry i feel you don't have an inherent right to let daddy leave all of his money for you, so you can run the family business into the ground sacrificing hard working class jobs, but what do i know, You are a Prince and i'm just a Nazi.

 

Didn't say that either, you are quite the absolutist aren't you, no varying degrees of anything, it is either complete unfettered free market, freedom, God fearing, LibNazi hater or nothing huh.

 

totally wrong of course the more of a monopoly you have and worse your product is the more competition you generate and have to buy out at higher and higher prices. Moreover you have no idea who the competition is. This is how IBM crushed GE and RCA, how Microsoft crushed IBM, how Google crushed Microsoft, how Facebook crushed Google. That's the real history of business taught in MBA schools to help students avoid their normal fate.

 

so you want lib Nazis to take parents
money at gun point but any other advantage kids get from their parents is fine with you? do you want them to take the money from parents when they old or when they are young before they have a chance to spend it on say a $500,000 Harvard education that will give their kid a huge advantage in life???