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The New DU. Reply #257: I think you're oversimplifying and really ignoring Keynes' role
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Green_Lantern
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Tue Jun-01-10 10:56 AM
Response to Reply #253 |
| 257. I think you're oversimplifying and really ignoring Keynes' role |
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In ending the Depression. Basically Keynesian economics was nowhere near socialism...it's goal is to stimulate spending in a market economy.
Secondly, socialism wasn't that popular here...as unions in Europe were forming democratic labor parties unions in the US were not advocating the end of capitalism.
Populism was popular I agree.
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