RockBottom@feddit.org to Political Memes@lemmy.world · 2 months agoShocked Pikachulemmy.worldimagemessage-square32linkfedilinkarrow-up1462arrow-down16file-textcross-posted to: latestagecapitalism@lemmy.world
arrow-up1456arrow-down1imageShocked Pikachulemmy.worldRockBottom@feddit.org to Political Memes@lemmy.world · 2 months agomessage-square32linkfedilinkfile-textcross-posted to: latestagecapitalism@lemmy.world
minus-squareCommiunism@lemmy.dbzer0.comlinkfedilinkarrow-up5arrow-down1·2 months agoIf capitalism was that simple, Keynesianism wouldn’t have gone away in the 80’s
minus-squareRockBottom@feddit.orgOPlinkfedilinkarrow-up2·2 months agoEither that or there was a powerful group of people having an interest in ending Keynesianism.
minus-squareCommiunism@lemmy.dbzer0.comlinkfedilinkarrow-up2·2 months 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-up1·2 months 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