John Maynard Keynes, Socialism and Economic Policy of Nazi Germany
David Lipka and
Acta Oeconomica Pragensia, 2008, vol. 2008, issue 1, pages 108-116
Keynes foreword to the German edition of his General Theory is one of the causes of the association between his name and a total state. This paper looks into how justified the link between Keynes's theory and the Nazi German economic policy really is. The first part introduces Keynes's ideas on economic policy and his vision of society. These are in the second part confronted with the economic policy of the Nazi Germany (and partly that of Bolshevik Russia) and common components are identified. The conclusion is that despite his explicit repudiation of socialism and dictatorship and his efforts to "save" capitalism, Keynes's concept of economic policy was similar to the economic policy of Nazi Germany and opened the way towards socialism and planning.
Keywords: economic policy; Germany; Keynes; Hitler; socialism (search for similar items in EconPapers)
JEL-codes: E60 E65 P52 (search for similar items in EconPapers)
References: Add references at CitEc
Citations Track citations by RSS feed
Downloads: (external link)
free of charge, full text delayed 3 months
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:prg:jnlaop:v:2008:y:2008:i:1:id:25:p:108-116
Ordering information: This journal article can be ordered from
Redakce Acta Oeconomica Pragensia, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3
Access Statistics for this article
Acta Oeconomica Pragensia is currently edited by Jindřich Špička
More articles in Acta Oeconomica Pragensia from University of Economics, Prague
Contact information at EDIRC.
Series data maintained by Vaclav Subrta ().