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General Conclusion

In: Introduction to Post-Keynesian Economics

Author

Listed:
  • Marc Lavoie

Abstract

Inspired by Keynes, post-Keynesians see capitalism as a system that encourages initiative and innovation. It can be an efficient economic system, provided it is buttressed by the state and democratic institutions capable of addressing its shortcomings and its excesses, in particular when it comes to income distribution and the provision of public services and public infrastructures to all strata of society.

Suggested Citation

  • Marc Lavoie, 2006. "General Conclusion," Palgrave Macmillan Books, in: Introduction to Post-Keynesian Economics, chapter 6, pages 131-132, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-62630-0_6
    DOI: 10.1057/9780230626300_6
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