Keynes' German introduction bears some similarity with
Arrow'simpossibility theorem, which was written to show how much
moreeffective Soviet mobilization was relative to that of the US.
Arrowwas not writing in support of the Soviet system, but just explain
afact.
On Fri, Nov 18, 2011 at 3:08 PM, Alan G Isaac <[log in to unmask]> wrote:
>    For I confess that much of the following book is
>    illustrated and expounded mainly with reference to the
>    conditions existing in the Anglo-Saxon countries.
>    Nevertheless the theory of output as a whole, which is
>    what the following book purports to provide, is much
>    more easily adapted to the conditions of a totalitarian
>    state, than is the theory of the production and
>    distribution of a given output produced under conditions
>    of free competition and a large measure of
>    laissez-faire.  This is one of the reasons which justify
>    my calling my theory a *General* theory.  Since it is
>    based on less narrow assumptions than the orthodox
>    theory, it is also more easily adapted to a large area
>    of different circumstances. Although I have thus worked
>    it out having the conditions in the Anglo-Saxon
>    countries in view -- where a great deal of laissez-faire
>    still prevails -- it yet remains applicable to
>    situations in which national leadership is more
>    pronounced. For the theory of psychological laws
>    relating consumption and saving, the influence of loan
>    expenditure of prices and real wages, the part played by
>    the rate of interest -- these remain as necessary
>    ingredients in our scheme of thought under such
>    conditions, too.
>
> So I repeat, you appear to grossly misinterpret Keynes.
>
> Alan Isaac
>



-- 
Michael Perelman
Economics Department
California State University
Chico, CA
95929

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http://michaelperelman.wordpress.com