It’s ironic that Our Grand Lord Keynes has the gall ( & silliness ) to rave ’bout the “the horde of deranged, lying liberal and leftist media” like the conspiracy theorist he is when he himself is conspicuously silent ’bout Hairpiece’s proposal to increase military spending, despite LK praising Hairpiece for being s’posedly anti-militaristic, unlike the vile harpy Clinton, nor any talk o’ Hairpiece dismantling Obamacare & making it harder for poorer people to afford health care, despite his praise for Hairpiece s’posedly once supporting single-payer health care. Indeed, e’en in that article where he talks ’bout the mo’ pressing issue o’ the brown peoples raping our precious white women, he ignores Sweden’s point ’bout Florida being much mo’ violent than Sweden.
Then ‘gain, we could chock all o’ this inconvenient evidence as just being a conspiracy o’ the “lying leftist” media. ¡How much mo’ convenient it is to be sure o’ one’s arbitrary beliefs when one can just unconditionally cut out evidence that doesn’t fit our conclusions just by labeling it “leftist” & calling it “lies,” without any evidence.
Also, a digression, but I’m getting kind o’ annoyed @ the double standard people apply to the lord & savior o’ milquetoast liberals who want to fashion themselves as “rebellious” by tipping their tobacco pipes toward obscure econonobabble that nobody cares ’bout, Steve Keen. Everyone praises him for predicting the 2008 economic collapse, despite everyone who wasn’t in denial being able to, but don’t mention him being consistently wrong ’bout some imagined upcoming collapse. ¿Remember when he said economic collapse was coming in 2016? Well, it didn’t come close, but it’s totally gonna happen, just wait. ( Then ‘gain, considering the clod we have as president now, maybe that’ll be true in the US. ) ¿Isn’t this what people mock crazy Marxists for? They constantly predict that capitalism will collapse, ¡& then 1 day out o’ thousands something disastrous happens! ¡That’s proof that it’s inevitable! It seems that Keen can “win” simply by always predicting trouble & then point @ the rare times he’s right as evidence, conveniently ignoring all the times he’s wrong.
But, see, his are based on made-up assumptions that Keynes made, rather than made-up assumptions that Marx or Friedman, so it’s OK. Ne’er mind the ridiculous assumptions Keynes made. For instance, in General Theory, Keynes bizarrely argues that higher unemployment leads to higher real wages ’cause o’ “the increasing marginal return to a given capital equipment when output is diminished” [ p. 10 ], which is technobabble for “let’s assume that greater efficiency leads to lower prices ’cause o’ simplistic supply-&-demand that doesn’t apply to the real world.
Hilariously, just before this, Keynes writes, “It would be interesting to see the results of a statistical enquiry into the actual relationship between changes in money-wages and changes in real wages.” Yes, ‘twould be interesting to see someone back up their bizarrely counter-intuitive assumptions on actual data. Maybe next century.
Now, see, if Keynes were a “neoclassical”, we would rightfully criticize him for his simplistic assumptions & silly simple math games to prove arbitrary, tautological points. But Keynes is a “genius”, so it’s OK for him to be tautological & apply made-up assumptions.
But a’least Grampa Keen wore his best Hell’s Angels leather jacket for his patreon video. I hear if you donate a’least $50 Australian you get access to a video o’ him holding up “the horns”, as they call it in the down under the sickness, & croon out a wicked rendition o’ “Welcome to the Jungle.”
Also, ¿why still no mention o’ Keen’s best theory: the “Solar Theory o’ Value”?
