Why Keynesian Economics Leads to Corporatism
Why Keynesian economics leads to corporatism is in relation to do with the mixed economy. How a mixed economy is setup it becomes impossible to avoid corporatism because of the government intervention in the market, as well as in relation to the presence of competition.
In this video, I explain the relationship between the marriage of governments interference in the market, coupled with the nature of competition that illustrates why it becomes impossible to avoid. I must reiterate, there is no such thing as a perfect system, but it is important to acknowledge the root cause of the problem, therefore, my argument of separating government from the economy is the best solution possible.
One could argue that Keynesian economics for how it was initially planned by Keynes was only meant to be used as a temporary measure during the period of a crisis, in practice, it has become something permanent which explains the soaring debt and deficit problem today. I give a brief explanation on the banking crisis in relation to this argument as it was Keynesian economics which resulted in the very banking crisis that relates to corporatism.
It illustrates how Keynesians with their good intentions results in the very fraudulence they proclaim to stand against through government protectionism.
Like I have explained, Keynesians believe strongly in trying to control the market, are strongly opposed to the free market as they believe that's what led to such crisis and although they may oppose full-blown socialism, I like to call them low-level central planners, in other words, ad-hoc socialists as they typically view the economy as something that they can control.
Keynesian economics is strongly protectionist at its root through government bailouts, regulation, etc, therefore, it is only natural corporatism thrives off the back of this as I've explained why this is.
*Follow Me on Social Media:*
• Facebook: https://www.facebook.com/LibertarianViewsScottyM
• Parler: https://parler.com/#/user/LibertarianViewsScottyM
• Gab: https://gab.com/LibertarianScot
• Minds: https://www.minds.com/LibertarianScot/
• MeWe: https://mewe.com/i/scottmckelvie
• WordPress Blog: https://libertarianviewswithscottym.wordpress.com/
• LBRY/Odysee: https://odysee.com/@LibertarianViewsScottyM:6
• Rumble: https://rumble.com/c/c-390494
• BitChute: https://www.bitchute.com/channel/egfCIS1DbaBM/
*You can also support me here on Patreon:*
https://www.patreon.com/LibertarianViewsScottyM
-
32:37
Libertarian Scot
1 year ago $0.02 earnedThe Great Depression: New Deal Myth Refuted
1152 -
11:47
ParisDemers
13 hours agoTrain Like DareDevil To Get Jacked FAST And Gain Enhanced Senses!
13.7K4 -
42:17
CarlCrusher
1 day agoSkinwalker Ranch Ancient Relic Artifacts - Part 6
15.4K5 -
14:45
GeekyNerdyTechy
20 hours agoZHIYUN MOLUS X60 RGB LED Combo Review & Tutorial
17.9K -
LIVE
SquallRush
7 hours agoBrawlhalla then Monster Hunter @sandking0077
1,586 watching -
2:25:39
JTT Show
10 hours agoI Accidentally Got In Bed With My Father-In-Law
16.3K3 -
3:08:57
Spittin' Chiclets
11 hours agoBoston vs. Toronto Game 7 Livestream
30.8K6 -
6:50:45
Akademiks
12 hours agoKendrick Lamar spins the Block on Drake AGAIN!! Disses him again and even BIG AK gets a bar!
129K70 -
1:24:41
LFA TV
21 hours agoLAST CALL WITH MIKE CRISPI | FT. JEREMY HERRELL & SHAWN FARASH | 5.4.24 8PM
56.3K40 -
1:49:51
Darkhorse Podcast
1 day agoNever Alone: The 223rd Evolutionary Lens with Bret Weinstein and Heather Heying
72K61