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Contrary to Keynesian assumptions, (1) the costs curve was distorted and employment did not depend primarily on costs of production, so that real wages and employment were not in direct relation; (2) the propensity to consume was greater than one, so that the multiplier and the accelerator did not work to translate higher investment into higher employment and (3) Keynesian policies in developed countries continually worsened the gap between desires and the capacity to satisfy them in the less-developed countries with policies to increase demand for developed countries’ products through foreign aid, continued international inequality in the distribution of national income, and support for the production of raw materials in less-developed countries in place of domestic industries that night satisfy those needs at home.
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Contrary to Keynesian assumptions, (1) the costs curve was distorted and employment did not depend primarily on costs of production, so that real wages and employment were not in direct relation; (2) the propensity to consume was greater than one, so that the multiplier and the accelerator did not work to translate higher investment into higher employment and (3) Keynesian policies in developed countries continually worsened the gap between desires and the capacity to satisfy them in the less-developed countries with policies to increase demand for developed countries’ products through foreign aid, continued international inequality in the distribution of national income, and support for the production of raw materials in less-developed countries in place of domestic industries that night satisfy those needs at home.
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Date: 2010-07-22 08:52 pm (UTC)Это как же можно было такого добиться?
no subject
Date: 2010-07-23 08:40 am (UTC)