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Long Reads: Aaron Benanav on Automation and the Long Downturn

Jacobin Radio

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Keynesianism Is a Keynesian Solution to the Great Depression

The share of government debt as a percentage of GDP radically declined over the Keynesian era and then started to radically rise. "Keynesianism has just been part of the story of secular stagnation," he says. More radical versions of Keynesianism that are closer to what Keynes himself actually said, suggests different forms of basically state-led economic development.

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