"Economics became focused on marginal analysis and assumed a god-like market that stood above politics" partly by de-moralizing Keynes, as Joan Robinson pointed out.
The entire notion of national economies, he said, depended on moral unanimity of their citizens, “Planning should take place in a community in which as many people as possible, both leaders and followers, wholly share your own moral position. Moderate planning will be safe if those carrying it out are rightly orientated in their minds and hearts to the moral issue”.
"Economics became focused on marginal analysis and assumed a god-like market that stood above politics" partly by de-moralizing Keynes, as Joan Robinson pointed out.
The entire notion of national economies, he said, depended on moral unanimity of their citizens, “Planning should take place in a community in which as many people as possible, both leaders and followers, wholly share your own moral position. Moderate planning will be safe if those carrying it out are rightly orientated in their minds and hearts to the moral issue”.