Keynes against capitalism : his economic case for liberal socialism / James Crotty.

Includes bibliographical references (pages 379-382) and index.

Introduction: was Keynes trying to save capitalism or create "liberal socialism"? -- From the economic consequences of the peace to the General Theory -- The economic consequences of the peace: 1919 -- Making sense of chaos: 1919-23 -- Public investment and state planning in 1924: the real keynesian revolution begins -- The return to gold 1925: deflation, social justice and class struggle -- Three important "essays in persuasion" on the proper economic role of the state: 1925-1926 -- Destructive competition, corporatism, industrial policy and the new economic role of the state : 1927-28 -- Britain's industrial future and the board of national investment : a detailed analysis of the institutions to be used by the state to regulate capital accumulation in pursuit of full employment under liberal socialism -- On the edge of the Great Depression : Keynes continues his efforts to gain political support for the radical policies in Britain's industrial future -- Keynes on "insane" financial markets and the emergence of stagnation in the US in the early 1930s -- National self-sufficiency : 1933 -- The general theory: the ultimate defense in theory of Keynes's radical policy agenda -- Methodology and ideology : Keynes versus the classicists -- The priority of high-unemployment long-run equilibrium or "secular stagnation" in the General Theory -- Upon further reflection : Keynes on secular stagnation in 1937 -- Keynes versus the classicists on the effects of wage and price deflation -- Keynes versus the classicists on disequilibrium processes in the bond market -- Chapter 12 of the General Theory : the "insane" stock market, capital investment and instability -- The theory of the business cycle in chapter 22 : integrating the profit rate and the bond and stock markets in a theory of financial and economic instability -- Are the "models" Keynes created in the General Theory compatible with the is/lm interpretation of the book : a digression -- Keynes's radical policy views in the General Theory -- State planning, public investment and liberal socialism after the general theory -- From the General Theory until Britain entered WWII : 1936-1939 -- Keynes and government post-war economic planning for "liberal socialism" during the War : 1939-1945 -- Thoughts on the relevance of Keynes's work to solving today's economic problems : the society-economy nexis, methodology, theory, and policy -- References -- Index.