John Maynard Keynes Quotes About Politics

Quotes about: Politics

• Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security, but at confidence in the equity of the existing distribution of wealth.

  John Maynard Keynes

  Government, Sight, Important

  John Maynard Keynes (2011). “Essays in Persuasion”, p.77, W. W. Norton & Company

• If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.

  John Maynard Keynes

  Humble, People, Would Be

  John Maynard Keynes (1952). “Essays in Persuasion”

• One blames politicians, not for inconsistency but for obstinacy. They are the interpreters, not the masters, of our fate. It is their job, in fact, to register the fact accompli.

  John Maynard Keynes

  Jobs, Fate, Politics

• Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.

  John Maynard Keynes

  Men, Liberty, Saving

• I see, therefore, the rentier aspect of capitalism as a transitional phase which will disappear when it has done its work. And with the disappearance of its rentier aspect much else in it besides will suffer a sea-change. It will be, moreover, a great advantage of the order of events which I am advocating, that the euthanasia of the rentier, of the functionless investor, will be nothing sudden, merely a gradual but prolonged continuance of what we have seen recently in Great Britain, and will need no revolution.

  John Maynard Keynes

  Wisdom, Order, Sea

  John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.345, Atlantic Publishers & Dist

• It is not the ownership of the instruments of production which it is important for the State to assume. If the State is able to determine the aggregate amount of resources devoted to augmenting the instruments and the basic rate of reward to those who own them, it will have accomplished all that is necessary. Moreover, the necessary measures of socialization can be introduced gradually and without a break in the general traditions of society.

  John Maynard Keynes

  Wisdom, Important, Politics

  John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.346, Atlantic Publishers & Dist

• The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.

  John Maynard Keynes

  Wisdom, War, Benefits

  John Maynard Keynes (2016). “The Economic Consequences of the Peace”, p.17, Skyhorse Publishing, Inc.

• It is preferable to regard labour, including, of course, the personal services of the entrepreneur, and his assistants, as the sole factor of production, operating in a given environment of technique, natural resources, capital equipment and effective demand. This is why we have been able to take labour as the sole physical unit which we require in our economic system, apart from units of money and of time.

  John Maynard Keynes

  Entrepreneur, Technique, Demand

  John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.193, Atlantic Publishers & Dist

• For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth.

  John Maynard Keynes

  Wisdom, Believe, Income

  John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.342, Atlantic Publishers & Dist

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