Keynes as Critic of Capitalism

Authors

  • Paul M. Sweezy

DOI:

https://doi.org/10.14452/MR-032-11-1981-04_4

Keywords:

Political Economy

Abstract

In the 1962 essay "Keynesian Economics—The First Quarter Century" (reprinted in Modern Capitalism and Other Essays, MR Press, 1972, pp. 79-91), I wrote: Bourgeois economics, I fear, has irrevocably committed itself to what Marx called the "bad conscience and evil intent of apologetic." If I am right, Keynes may turn out to be its last great representative, and further scientific progress will have to come from the socialist camp (though not necessarily from the socialist countries).

Published

1981-04-04

Issue

Section

Articles