“The West never came close to proletarian revolution. The Left likes to believe that it did. They like to argue that 'Franklin Roosevelt saved capitalism from itself'. This is another way of saying that John Maynard Keynes saved capitalism from itself. Both arguments are incorrect. Roosevelt and Keynes met only once. Roosevelt correctly assessed Keynes as a mathematician, not an economist. This was true. Keynes got his degree in mathematics, not economics. Roosevelt was the source of what we call Keynesianism, 1933-36, not Keynes, whose General Theory appeared in 1936. But scholars like to believe that academic arguments shape the world. They don't. They conform what has already begun to take root in the thinking and practices of the general public. When men decided that "thou shalt not steal" means "thou shalt not steal, except by majority vote," the Keynesian worldview was born. This view is dominant today. Marxism is dead. So is " means this: it is immoral to steal, with or without majority vote. This has nothing to do with the mode of production.”

"Cultural Marxism Is an Oxymoron" http://www.garynorth.com/public/12623.cfm (1 July 2014), Gary North.

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The West never came close to proletarian revolution. The Left likes to believe that it did. They like to argue that 'Fr…" by Gary North (economist)?
Gary North (economist) photo
Gary North (economist) 2
American Christian Reconstructionist and economic historian 1942

Related quotes

“From Adam Smith through John Maynard Keynes, economics had been mostly talk. At Harvard economics was talk. At MIT, Samuelson made it math.”

William Poundstone (1955) American writer

Part Three, Arbitrage, Paul Samuelson, p. 117
Fortune's Formula (2005)

N. Gregory Mankiw photo
Adolf Hitler photo

“Keynes is dead; dynamic programming; Keynes is still dead. That’s the way Stanford graduate economics students recently summed up what they had learned in their core graduate macroeconomics course.”

David Colander (1947) American economist

David Colander, "The Keynesian Method, Complexity, and the Training of Economists" (2009)
2000s

Robert Skidelsky photo

“What started Keynes on the road to the Keynesian Revolution was the incomplete British recovery from the depression of 1920 to 1922.”

Robert Skidelsky (1939) Economist and author

John Maynard Keynes: 1883-1946: Economist, Philosopher, Statesman (2003), Ch. 21. Monetary Reform

Ilana Mercer photo

“Keynes was to economics as Katrina was to New Orleans.”

Ilana Mercer South African writer

“Seeking honorable Hondurans for Hire,” http://www.ilanamercer.com/phprunner/public_article_list_view.php?editid1=506 WorldNetDaily.com, July 10, 2009.
2000s, 2009

Related topics