General Conclusion

Marc Lavoie

Chapter 6 in Introduction to Post-Keynesian Economics, 2009, pp 131-132 from Palgrave Macmillan

Abstract: Abstract Inspired by Keynes, post-Keynesians see capitalism as a system that encourages initiative and innovation. It can be an efficient economic system, provided it is buttressed by the state and democratic institutions capable of addressing its shortcomings and its excesses, in particular when it comes to income distribution and the provision of public services and public infrastructures to all strata of society.

Keywords: Public Debt; Aggregate Demand; Full Employment; Neoclassical Economist; Public Infrastructure (search for similar items in EconPapers)
Date: 2009
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DOI: 10.1057/9780230235489_6

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