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Originally Posted by dippin
while those two videos are well made and often accurate, they get some major things wrong. Keynes was never for central planning of any kind, for example.
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Inside the General Theory
Keynes' "General Theory" will forever be remembered for giving governments a central role in economics. Although ostensibly written to save capitalism from sliding into the central planning of Marxism, Keynes opened the door for government to become the principal agent in the economy. Simply put, Keynes saw deficit financing, public expenditures, taxation and consumption as more important than saving, private investment, balanced government budgets and low taxes (classical economic virtues). Keynes believed that an interventionist government could fix a depression by spending its way out and forcing its citizens to do the same, while smoothing futures cycles with various macroeconomic techniques.
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Giants Of Finance: John Maynard Keynes
just ONE view on his way.
that seems like they "plan" things. that is my interpretation anyways.