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Fighting Through Britain. The “Gift Dimension” of Keynes's Quest for a New Global Order

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Mario A. Cedrini

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Abstract

Dissatisfied with both Skidelsky's “Fighting for Britain” approach to Keynes's quest for a new global order and its specular competitor, the “Figthing despite Britain” view, we explore the possibility of a “Fighting through Britain” approach to the issue. We claim that though Keynes was fighting for the whole world rather than for Britain only, his (unsuccessful) fighting for Britain was a major component of his overall reform project and the true telltale sign of his defeat. As a consequence, the paper focuses in particular on the American Gift asked for by Keynes in 1945. The Gift is regarded as the last and a relevant episode of the economist's lifelong search for a global system efficiently coping with the dilemmas it necessarily gives life to. With the help of the anthropological and sociological literature on gift-giving, we move beyond the strategic dimension of Keynes's diplomacy to show that the request for an American Gift to revive multilateralism at the end of WWII embodies in full - and helps to understand - Keynes's attempt to construct a new system happily combining international discipline and national freedom to choose, the former being the instrument to promote the latter.

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Paper provided by SEMEQ Department - Faculty of Economics - University of Eastern Piedmont in its series Working Papers with number 119.

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Date of creation: Jul 2008
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Handle: RePEc:upo:upopwp:119

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Related research
Keywords: Keynes; International economic relations; Gift-giving;

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Find related papers by JEL classification:
B31 - Schools of Economic Thought and Methodology - - History of Thought: Individuals - - - Individuals
F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
F5 - International Economics - - International Relations and International Political Economy
Z13 - Other Special Topics - - Cultural Economics - - - Social Norms and Social Capital; Social Networks Economic Anthropology

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  1. Anna M. Carabelli & Mario A. Cedrini, 2009. "The Economic Problem of Happiness. Keynes on Happiness and Economics," Working Papers 123, SEMEQ Department - Faculty of Economics - University of Eastern Piedmont. [Downloadable!]
  2. Anna M. Carabelli & Mario A. Cedrini, 2009. "Indian Currency and Beyond. The Legacy of the Early Economics of Keynes in the Times of Bretton Woods II," Working Papers 121, SEMEQ Department - Faculty of Economics - University of Eastern Piedmont. [Downloadable!]
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