At 09:56 AM 6/02/03 -0800, bill ryan wrote:
>Contrast the philosophical differences in the above to 
>this from Douglas' contemporary, J. M. Keynes, in the 
>preface to the German edition to his "General Theory," 
>published in 1936:

>"The theory of aggregate production that is the goal 
>of the following book can be much more easily applied 
>to the conditions of a totalitarian state than the 
>theory of the production and distribution of a given 
>output turned out under the conditions of free 
>competition and of a considerable degree of laissez-
>faire."

The point being that Keynes was not just an elitist 
pommie, but also a Nazi?  The statement seems 
probably true, and while it does not in fact imply 
the support for totalitarianism that it sounds like, 
I reckon it was a mistake to come up with a formula 
that sounded enough like an endorsement of 
totalitarianism to slip the General Theory past german 
censors.

However, given that his health was ruined by the long 
hours dedicated to war finance for GB in the way 
against Germany, which led him to an early grave, I'm 
willing to forgive him that particular compromise. 
And after all I only expect so much from an elitist 
pommie anyway.  Just because I think the theory is 
largely correct does not mean I have to treat Keynes 
as some kind of hero.

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