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Miguel Afonso Caetano"The bad news, as demonstrated by the American story, is that an age of leisure will not automatically flow from increased productivity. The good news is that political interventions can bring us closer to this vision.“While Keynes’ predictions regarding productivity growth have actually been exceeded over the past nearly 100 years,” conclude Behringer, Gonzalez Granda, and van Treeck, “the obstacles to more leisure time are primarily socio-political in nature.”The Scandinavian social democracies, even in their recently weakened states, offer the starkest counterexample. They are highly productive, but their workers put in six to ten fewer hours per week than their American counterparts do, a trend that holds for low and high earners alike.Unions have proven essential in translating productivity gains into shorter working hours. American union membership has collapsed since the postwar period; Scandinavian union rates have fallen recently, but workers in the region still maintain a powerful, centralized collective bargaining system that secures shorter workweeks, generous paid leave, and predictable schedules.The comprehensive welfare systems in these countries further reduce overwork. With universal health care, subsidized childcare, free education through university, and robust social safety nets, Scandinavians don’t face the same financial pressures that drive Americans to sacrifice their free time for a paycheck. Importantly, these welfare policies have also increased female workforce participation, reducing women’s spousal dependency and decreasing the pressure on men to work long hours to support their families.Scandinavian societies have seen inequality expand and their welfare states erode in recent years, but these features are still significantly more pronounced than in the United States." <a href="https://jacobin.com/2025/03/work-keynes-scandinavia-class-leisure/" rel="nofollow noopener" translate="no" target="_blank">https://jacobin.com/2025/03/work-keynes-scandinavia-class-leisure/</a><a href="https://tldr.nettime.org/tags/Work" class="mention hashtag" rel="nofollow noopener" target="_blank">#Work</a> <a href="https://tldr.nettime.org/tags/Capitalism" class="mention hashtag" rel="nofollow noopener" target="_blank">#Capitalism</a> <a href="https://tldr.nettime.org/tags/Overworked" class="mention hashtag" rel="nofollow noopener" target="_blank">#Overworked</a> <a href="https://tldr.nettime.org/tags/Productivity" class="mention hashtag" rel="nofollow noopener" target="_blank">#Productivity</a> <a href="https://tldr.nettime.org/tags/ClassWarfare" class="mention hashtag" rel="nofollow noopener" target="_blank">#ClassWarfare</a> <a href="https://tldr.nettime.org/tags/WageSlavery" class="mention hashtag" rel="nofollow noopener" target="_blank">#WageSlavery</a> <a href="https://tldr.nettime.org/tags/Keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynes</a> <a href="https://tldr.nettime.org/tags/USA" class="mention hashtag" rel="nofollow noopener" target="_blank">#USA</a> <a href="https://tldr.nettime.org/tags/Scandinavia" class="mention hashtag" rel="nofollow noopener" target="_blank">#Scandinavia</a>

Rob ConnollyWe Shouldn’t Have to Work This Hard - <a href="https://jacobin.com/2025/03/work-keynes-scandinavia-class-leisure" rel="nofollow noopener" translate="no" target="_blank">https://jacobin.com/2025/03/work-keynes-scandinavia-class-leisure</a><a href="https://fosstodon.org/tags/socialism" class="mention hashtag" rel="nofollow noopener" target="_blank">#socialism</a> <a href="https://fosstodon.org/tags/antiwork" class="mention hashtag" rel="nofollow noopener" target="_blank">#antiwork</a> <a href="https://fosstodon.org/tags/Politics" class="mention hashtag" rel="nofollow noopener" target="_blank">#Politics</a> <a href="https://fosstodon.org/tags/keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#keynes</a>

Europe Says<a href="https://www.europesays.com/1916148/" rel="nofollow noopener" translate="no" target="_blank">https://www.europesays.com/1916148/</a> Animal shelter hopes for weekend visitors as intakes create ‘critical space situation’ – WSOC TV <a href="https://pubeurope.com/tags/Christmas" class="mention hashtag" rel="nofollow noopener" target="_blank">#Christmas</a> <a href="https://pubeurope.com/tags/gaston_county" class="mention hashtag" rel="nofollow noopener" target="_blank">#gaston_county</a> <a href="https://pubeurope.com/tags/gaston_county_animal_shelter" class="mention hashtag" rel="nofollow noopener" target="_blank">#gaston_county_animal_shelter</a> <a href="https://pubeurope.com/tags/gastonia" class="mention hashtag" rel="nofollow noopener" target="_blank">#gastonia</a> <a href="https://pubeurope.com/tags/Halloween" class="mention hashtag" rel="nofollow noopener" target="_blank">#Halloween</a> <a href="https://pubeurope.com/tags/haynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#haynes</a> <a href="https://pubeurope.com/tags/ken_lemon" class="mention hashtag" rel="nofollow noopener" target="_blank">#ken_lemon</a> <a href="https://pubeurope.com/tags/keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#keynes</a> <a href="https://pubeurope.com/tags/local" class="mention hashtag" rel="nofollow noopener" target="_blank">#local</a> <a href="https://pubeurope.com/tags/News" class="mention hashtag" rel="nofollow noopener" target="_blank">#News</a> <a href="https://pubeurope.com/tags/space" class="mention hashtag" rel="nofollow noopener" target="_blank">#space</a> <a href="https://pubeurope.com/tags/Thanksgiving" class="mention hashtag" rel="nofollow noopener" target="_blank">#Thanksgiving</a> <a href="https://pubeurope.com/tags/video" class="mention hashtag" rel="nofollow noopener" target="_blank">#video</a>

Emeritus Prof Christopher MayMeanwhile in Germany.... after years of the 'debt brake' fiscal limits (self-imposed constitutional limits on deficit spending), it looks like the need for an expansion of defence spending & Germany's infrastructure requirement, has prompted a potential reform (to be voted on this week) that allows some aspects of deficit spending to bypass the constitutional limitation.Its like Keynsianism seems to be in the air; I wonder whether Rachel Reeves can see it yet?<a href="https://zirk.us/tags/Germany" class="mention hashtag" rel="nofollow noopener" target="_blank">#Germany</a> <a href="https://zirk.us/tags/Keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynes</a> h/t FT

acemaxx<a href="https://econtwitter.net/tags/doodle" class="mention hashtag" rel="nofollow noopener" target="_blank">#doodle</a> (irony of fate?) <a href="https://econtwitter.net/tags/deficit" class="mention hashtag" rel="nofollow noopener" target="_blank">#deficit</a> saves <a href="https://econtwitter.net/tags/Germany" class="mention hashtag" rel="nofollow noopener" target="_blank">#Germany</a>! The fiscal stimulus as “game changer” for German growth - Who would have thought? Wait, John Maynard Keynes. Yes, <a href="https://econtwitter.net/tags/Keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynes</a> sends his regards.

UBI4MEJohn Maynard <a href="https://mastodon.world/tags/Keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynes</a> “<a href="https://mastodon.world/tags/EconomicPossibilities" class="mention hashtag" rel="nofollow noopener" target="_blank">#EconomicPossibilities</a> for Our Grandchildren”, the truth is that, at least in a simple technological sense, the global North has largely “solved” its economic problem. Yet <a href="https://mastodon.world/tags/technology" class="mention hashtag" rel="nofollow noopener" target="_blank">#technology</a> is, always has been, and will continue to be neutral. Even if <a href="https://mastodon.world/tags/humanity" class="mention hashtag" rel="nofollow noopener" target="_blank">#humanity</a> possesses <a href="https://mastodon.world/tags/sufficient" class="mention hashtag" rel="nofollow noopener" target="_blank">#sufficient</a> specialized <a href="https://mastodon.world/tags/knowledge" class="mention hashtag" rel="nofollow noopener" target="_blank">#knowledge</a> to <a href="https://mastodon.world/tags/liberate" class="mention hashtag" rel="nofollow noopener" target="_blank">#liberate</a> itself, a gravely and <a href="https://mastodon.world/tags/persistently" class="mention hashtag" rel="nofollow noopener" target="_blank">#persistently</a> <a href="https://mastodon.world/tags/unequal" class="mention hashtag" rel="nofollow noopener" target="_blank">#unequal</a> <a href="https://mastodon.world/tags/social" class="mention hashtag" rel="nofollow noopener" target="_blank">#social</a> <a href="https://mastodon.world/tags/structure" class="mention hashtag" rel="nofollow noopener" target="_blank">#structure</a> continues to hamper all the world’s countriesAsk for a <a href="https://mastodon.world/tags/UBI" class="mention hashtag" rel="nofollow noopener" target="_blank">#UBI</a> ❤️<a href="https://www.un.org/en/un-chronicle/rethinking-universal-basic-income-economic-productivity-quality-life-and-sustainable" rel="nofollow noopener" translate="no" target="_blank">https://www.un.org/en/un-chronicle/rethinking-universal-basic-income-economic-productivity-quality-life-and-sustainable</a><a href="https://mastodon.world/tags/UBI4ME" class="mention hashtag" rel="nofollow noopener" target="_blank">#UBI4ME</a>

Emeritus Prof Christopher MayWhile Military Keynsianism (MK) seems to be in the thoughts of many politicians & commentators as a future path for Labour's growth plan, its worth noting that a form of organic Green Keynsianism (GK) is already under way with the UK's 'net zero economy' expanding fast, if not as fast as in the EU or China.Of course, there's nothing to stop a Govt. doing both, and perhaps Labour should ramp up GK to complement any future MK?<a href="https://zirk.us/tags/Keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynes</a> <a href="https://zirk.us/tags/security" class="mention hashtag" rel="nofollow noopener" target="_blank">#security</a> <a href="https://zirk.us/tags/climate" class="mention hashtag" rel="nofollow noopener" target="_blank">#climate</a> <a href="https://zirk.us/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#economics</a> <a href="https://www.theguardian.com/environment/2025/feb/24/britain-net-zero-economy-booming-cbi-green-sector-jobs-energy-security" rel="nofollow noopener" translate="no" target="_blank">https://www.theguardian.com/environment/2025/feb/24/britain-net-zero-economy-booming-cbi-green-sector-jobs-energy-security</a>

Emeritus Prof Christopher MayThis weekend the prospect of a form of military Keynsiansim has got even more coverage/commentary than last week....It stating to look like an idea that is about to have its time (again).So it looks like Military Kenynsianism is coming to a Government near you.<a href="https://zirk.us/tags/security" class="mention hashtag" rel="nofollow noopener" target="_blank">#security</a> <a href="https://zirk.us/tags/Keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynes</a> <a href="https://zirk.us/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#economics</a> <a href="https://zirk.us/tags/InternationalRelations" class="mention hashtag" rel="nofollow noopener" target="_blank">#InternationalRelations</a>

Scott BennettKeynes created a new paradigm for capitalism. During a time when the Bolshevik Revolution was still a recent memory, it was Keynes who took capitalism in a bold new direction to save it from oblivion.<a href="https://mastodon.social/tags/capitalism" class="mention hashtag" rel="nofollow noopener" target="_blank">#capitalism</a> <a href="https://mastodon.social/tags/religion" class="mention hashtag" rel="nofollow noopener" target="_blank">#religion</a> <a href="https://mastodon.social/tags/keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#keynes</a> <a href="https://mastodon.social/tags/eattherich" class="mention hashtag" rel="nofollow noopener" target="_blank">#eattherich</a><a href="https://open.substack.com/pub/letsmakethempay/p/lord-keynes-and-the-second-coming?r=2brusa&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false" rel="nofollow noopener" translate="no" target="_blank">https://open.substack.com/pub/letsmakethempay/p/lord-keynes-and-the-second-coming?r=2brusa&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false</a>

Emeritus Prof Christopher MayAs the Court of Tangerine Tyrant steps away from security cooperation with Europe (via NATO & other commitments), the Q. for European Govt.s looking at the current economic environment, would a form of military Keynisanism be a good idea?Well, it might 'kill two birds with one stone' but ONLY if European states ramp up investment & development of their own military supply sectors & reduce their dependence on US suppliers...And that may be a difficult sell for some Govts.<a href="https://zirk.us/tags/security" class="mention hashtag" rel="nofollow noopener" target="_blank">#security</a> <a href="https://zirk.us/tags/Keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynes</a>

Jakob SteffenLooking for some brain fodder on your Sunday? Here, I demonstrate the compatibility of Knut <a href="https://sciences.social/tags/Wicksell" class="mention hashtag" rel="nofollow noopener" target="_blank">#Wicksell</a> and J.M. <a href="https://sciences.social/tags/Keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynes</a>, underlining there are two fundamentally different types of interest <a href="https://sciences.social/tags/rates" class="mention hashtag" rel="nofollow noopener" target="_blank">#rates</a>, the interaction of which is essential for macro-<a href="https://sciences.social/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#economics</a> analysis as well as policy.

Emeritus Prof Christopher MayOver the last few days I've been invoking Keynes & Keynsian economics quite a bit, and so for those of you not so familiar with his work & thought(s)/analysis, here's a link to the relatively comprehensive Wikipedia article.There's some good overview, but also (sorry) some more formal economic presentations - however, you can get a flavour of what its about if you are either unfamiliar with Keynes' work or need a quick refresher.<a href="https://zirk.us/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#economics</a> <a href="https://zirk.us/tags/Keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynes</a> <a href="https://en.wikipedia.org/wiki/Keynesian_economics" rel="nofollow noopener" translate="no" target="_blank">https://en.wikipedia.org/wiki/Keynesian_economics</a>

Emeritus Prof Christopher MayQ. So Rachel, is now the time for people's QE (quantitative easing)?During the last financial crisis many Central Banks poured liquidity into the system by buying 'distressed assets' & 'refloating' the financial system.Then many argued for a more Keynsian 'People's QE' that would put money not into the hands of asset holders but of everyday people.Perhaps, with another period of stagnation upon us, we should be arguing for people's QE to revive 'effective demand'?<a href="https://zirk.us/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#economics</a> <a href="https://zirk.us/tags/Keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynes</a>

Ramesh #NotGoingBack⬆️ <a href="https://zirk.us/@ChrisMayLA6" class="u-url mention" rel="nofollow noopener" target="_blank">@ChrisMayLA6</a> <a href="https://mastodon.uno/@alexproe" class="u-url mention" rel="nofollow noopener" target="_blank">@alexproe</a>>> so it is working, then; just not for us...>> So it's not so much <a href="https://mastodon.social/tags/Keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynes</a> has been rejected, but rather it's only applicable when the rich are in trouble!<a href="https://mastodon.social/tags/Keynsian" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynsian</a> theory formed the underpinnings of <a href="https://mastodon.social/tags/Reagan" class="mention hashtag" rel="nofollow noopener" target="_blank">#Reagan</a>'s obscene <a href="https://mastodon.social/tags/TrickleDown" class="mention hashtag" rel="nofollow noopener" target="_blank">#TrickleDown</a> theory in which the rich would reinvest money saved in taxes to drive growth.<a href="https://mastodon.social/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#US</a> has the rich getting richer while infrastructure like bridges and airports crumble, and services like <a href="https://mastodon.social/tags/heathCare" class="mention hashtag" rel="nofollow noopener" target="_blank">#heathCare</a> are only for those who can afford to pay.

poldemo<a href="https://mastodon.social/@tazgetroete" class="u-url mention" rel="nofollow noopener" target="_blank">@tazgetroete</a> übrigens von demselben Wirtschaftswissenschaftler, der staatliche Ausgaben als Motor (kränkelnder) Wirtschaft empfahl, und auf den sich gerne Verfechter eines Schleifen der Schuldenbremse berufen: <a href="https://mastodon.social/tags/Keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynes</a> 🤔

Baiyssy> In the long run, we are all dead - John Maynard <a href="https://mastodon.social/tags/Keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynes</a> , A Tract on Monetary Reform, 1923

Katy Swain<a href="https://mastodon.social/@RealJournalism" class="u-url mention" rel="nofollow noopener" target="_blank">@RealJournalism</a> Paying people Universal Basic Income would raise the cost of living by the value of the UBI. We live under rentier capitalism. Any money paid to us they will take, because the cost of living is a cost we have to meet.The government has to cut those bastards off at the knees and just provide what they are hoarding at a decent price. If I need more money to secure a place to live, why not just provide the place to live and euthanise the rentier?<a href="https://mastodon.social/tags/UBS" class="mention hashtag" rel="nofollow noopener" target="_blank">#UBS</a> <a href="https://mastodon.social/tags/Keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynes</a>

gary<a href="https://infosec.exchange/@briankrebs" class="u-url mention" rel="nofollow noopener" target="_blank">@briankrebs</a> donald is a lame duck - no threat of a second run is present and this sets up situation where overall economic policy does not have any momentum or inertia, his cabinet choices are paper tigers but we just have to wait and see <a href="https://infosec.exchange/tags/protectionism" class="mention hashtag" rel="nofollow noopener" target="_blank">#protectionism</a> <a href="https://infosec.exchange/tags/gdp" class="mention hashtag" rel="nofollow noopener" target="_blank">#gdp</a> <a href="https://infosec.exchange/tags/keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#keynes</a>

Andreas Sternowski<a href="https://mastodon.social/tags/Zitat" class="mention hashtag" rel="nofollow noopener" target="_blank">#Zitat</a> für die kommende Woche: "Die Liebe zum Geld als <a href="https://mastodon.social/tags/Besitz" class="mention hashtag" rel="nofollow noopener" target="_blank">#Besitz</a> ... wird als das erkannt werden, was sie ist: eine etwas widerliche Abartigkeit, eine jener halb kriminellen, halb krankhaften Neigungen, die man mit Schaudern den Spezialisten für Geisteskrankheiten überlässt." John Maynard <a href="https://mastodon.social/tags/Keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynes</a> Eine Woche in Frieden und Vernunft wünsche ich uns allen!

Kevin Karhan :verified:<a href="https://norden.social/@SheDrivesMobility" class="u-url mention" rel="nofollow noopener" target="_blank">@SheDrivesMobility</a> <a href="https://infosec.space/tags/Keynes" class="mention hashtag" rel="nofollow noopener" target="_blank">#Keynes</a> war richtig.<ul><li>Das Problem ist dass die <a href="https://infosec.space/tags/Gier" class="mention hashtag" rel="nofollow noopener" target="_blank">#Gier</a> der <a href="https://infosec.space/tags/Konzerne" class="mention hashtag" rel="nofollow noopener" target="_blank">#Konzerne</a> und <a href="https://infosec.space/tags/Kapital" class="mention hashtag" rel="nofollow noopener" target="_blank">#Kapital</a>-<a href="https://infosec.space/tags/Besitzer" class="mention hashtag" rel="nofollow noopener" target="_blank">#Besitzer</a>*innen größer geworden ist!</li></ul>Jede*r Milliardär*in ist ein Beweis dass <a href="https://infosec.space/tags/Kapitalismus" class="mention hashtag" rel="nofollow noopener" target="_blank">#Kapitalismus</a> komplett dysfunktional ist...

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