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Corporatism and Keynes: His Views on Growth

In: Keynes’s General Theory After Seventy Years

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  • Edmund S. Phelps

Abstract

Of the main contests in twentieth-century political economy, the contest between capitalism and corporatism still matters. And it matters quite a lot, as I believe the recent economic record of continental western Europe helps to confirm.1 My discussion here of the economic thought of John Maynard Keynes will focus on his early “corporatist” dissatisfaction with the market — a dissatisfaction that ran deeper than the Pigovian critique of laissez faire, later known as the “free market” system.

Suggested Citation

  • Edmund S. Phelps, 2010. "Corporatism and Keynes: His Views on Growth," International Economic Association Series, in: Robert W. Dimand & Robert A. Mundell & Alessandro Vercelli (ed.), Keynes’s General Theory After Seventy Years, chapter 5, pages 91-100, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-0-230-27614-7_6
    DOI: 10.1057/9780230276147_6
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    Cited by:

    1. Sola Juan Vicente, 2010. "The Constitutional Economy of Dynamism and Inclusion: An Inquiry into the Causes of Argentine Economic Decadence," Capitalism and Society, De Gruyter, vol. 5(3), pages 1-25, December.

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