Corporatism and Keynes: His Views on Growth

Phelps, Edmund S.

Of the main contests in 20th 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. 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.


More About This Work

Academic Units
Center on Capitalism and Society
Center on Capitalism and Society, Columbia University
Center on Capitalism and Society Working Papers, 20
Published Here
September 25, 2017