Alternative Visions - Part 3: Keynes’ Economics vs. Keynesian

 Dr. Rasmus concludes the 3-part overview of why Keynes’ economics is not ‘Keynesian’, focusing on the sometime radical conclusions and analysis of Keynes that is conveniently ignored by mainstream economics. Recapping the two prior shows explanation, Rasmus addresses Keynes’ views on financial asset markets, financial instability, and the rise and growing influence of professional speculators on the stability of the capitalist system. Why financial markets are often key to capitalist instability (contrary to mainstream economists and ‘Keynesians’ who largely ignore its role).  The show begins with a brief commentary on the recent US Supreme Court decision further again gutting US voting rights and Democracy, giving a new green light of support to expanding voter suppression in the pro-Trump legislators in the red states. Check out Rasmus’ posting of how Neoliberalism is driving Democracy decline, in last chapter of his 2020 book, ‘The Scourge of Neoliberalism’, posted on http://jackrasmus.com blog later today, July 2.)