Keynesian
(en)
theories about how in the short run, and especially during recessions, economic output is strongly influenced by aggregate demand; developed by British economist John Maynard Keynes
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keynesian
keynesianism
the Keynesian political-economic institutional system of postwar capitalism
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9 years, 5 months ago
The collapse of ‘privatized Keynesianism’ in 2008 was far from ending the sequence of crises of postwar capitalism that began in the 1970s.
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9 years ago
The felicitous term, ‘privatized Keynesianism’, was coined to describe what was, in effect, the replacement of public with private debt
citing Colin Crouch
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9 years ago