A Fun Game

Who said what? Karl Marx or John Maynard Keynes?

“Capital is reckless of the health or length of life of the laborer, unless under compulsion from society.”

“Now, though this state of affairs would be quite compatible with some measure of individualism, yet it would mean the euthanasia of the rentier, and consequently, the euthanasia of the cumulative oppressive power of the capitalist to exploit the scarcity-value of capital.”

“Democracy is the road to socialism.”

“”I see, therefore, the rentier aspect of capitalism as a transitional phase which will disappear when it has done its work.  And with the disappearance of its rentier aspect much else in it besides will suffer a sea-change.  It will be, moreover, a great advantage of the order of events which I am advocating, that the euthanasia of the rentier, of the functionless investor, will be nothing sudden, merely a gradual but prolonged continuance of what we have seen recently in Great Britain, and will need no revolution.”

““…the necessary measures of socialisation can be introduced gradually and without a break in the general traditions of society.”

“I am not a Marxist.”

“The rich will do anything for the poor but get off their backs.”

“The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.”

For the answers and some of my other thoughts on Keynesianism click here.

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