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Economic Perspectives: Keynes and Hayek

Clara Kuk 7 views

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tbh Keynes was not really socialist he said that capitalism was a good system but with more interventions of the government
Comment from : @LucaMaDab

Keynes was literally a champagne socialist and probably disdained the beer swigging working man Maynard loved being feted by governments when he trotted out his superior theories on a subject he never studied at undergraduate level Hayek lived his subject and knew from experience the danger of government supposedly caring about the populace but only so that they can grab the power they need to enrich themselves
Comment from : @njd2342

According to Hayek, Keynes was a genius but knew nearly nothing about economics; he didn't bother reading works on economics but simply made it all up in his head brThis makes it easy to understand why he has generally been disproven (despite the continued near-worship by statists)
Comment from : @m444ss

Keynes seems most famous foradvocating extra government spending during downturns Many politicians on all sides must love this as an excuse to run permanent defecits Pretty sure he didn't advocate this at all parts of the cycle
Comment from : @LurchLures

Give me money, I "know" what to do Vs LOL Idk, sort it out yourself
Comment from : @lextromex3931

比起计划经济还有社会民主类型的意识形态，凯恩斯一般在偏右位置。极端自由经济与极端不自由经济我认为均为左向激进派，应当保守，尤其是政治与经济。
Comment from : @Grimoon_Repubulic

So overly simplistic it almost makes the video worthless, almost
Comment from : @Censored_Truth_Addict

Ok, first of all good video and good explanation But I couldnt disagree more on the last sentence ok lets play a game tell me one successfull and rich socialist country that didnt went bancrupt and or produced poverty, inequality and lower standards of living including the fact that in a lot of these countries people literally starved to death well there is none, so capitalism is the winnerALWAYS But to be fair there are one or two good ideas from the left like social backup systems
Comment from : @DERV00D00

🇳🇵
Comment from : @sushildhakal4218

I loved the economic spectrum Thank you 🤗
Comment from : @mabhandimutsawashe

This makes it very simple The Left treats you like you are children Therefore the government can exercise its parental rights on you The Right treats you like an adult - an autonomous individual who is responsible for himself What do you want to be?
Comment from : @JohnHoulgate

Two problems with Keynes, and Leftism 1 They start with “the government spends money” so it can help people The government does not “have money” The government has YOUR MONEY it took by force Leftist think LEFTIST POLITICIANS can spend your money on you BETTER than you can Do you agree with that??? Some government bureaucrat knows what you like, what is important to you? You trust some crooked politician to spend your money, but not for his own gain? 2 Leftist theories never take into account the REAL WORLD and REAL PEOPLE They concoct these Grand Plans, but never consider what happens if people say NO They never factor in cheating, lying, crimes that government employees and politicians engage in frequently They live in a Fantasy World, full of their own self importance Do you trust ME with your money? That’s all you need to know
Comment from : @Moonshine54321

Very nicely explained
Comment from : @subhasbabu3713

Individualism should not have a negative connotation added to it Individuals create and invent things all throughout history and if the invention is valuable enough eventually everyone in the collective group benefits from the individuals actions
Comment from : @DeepDiveNFT

Wow been camping in our library for days til i decided to visit youtube for help, that was short and concise, well explained thank you so much!
Comment from : @angeleiperuda706