You see, economics is only part of the equation. It seems those who propose Keynesian economics these days do so more with an non-economic agenda in mind. John Keynes argued that actions by the government, specifically spending by the government, can stabilize "inefficient" private sector actions which destabilize the macro-economy.
I would attempt to describe more, but most normal people would (a) fall asleep, (b) get bored and move to another website, or (c) laugh hysterically at my true ignorance of economics even with months of formal economic training.
So, let's just skip that. If you need an entertaining version, please click here.
Yet, I'm beginning to realize that economics means less to more and more proponents of the theory. I'm beginning to realize that this argued theory of economics is just a ruse for those who believe in government control over your life.
I'm currently living in California. For such a "liberal" state, I'm aghast at the amount of people who want control over your life. You see, it's not about "protection" it's about "control". I used to think liberalism had to do with living more free from government intrusion. That's not the case. You see, current liberalism is defined as government intrusion to conform your actions. If you would like to argue that conservatism is just the same, I would agree in part. But from what I've seen, conservatism has less of this intrusion, so when having to decide, I go with less. Libertarianism is looking good...but it's a new subject for me, so I'll defer my opinion on that one.
So, where am I going? As stated, Keynesian folks would like the government to dole out cash to various "
unable too big politically detrimental to fail" industries/businesses. But, I think there are far more people who would like to dole out a lot more money for social agendas and hide behind an economic theory rather than describe it what it is--socialism. There's another group of folks who hide behind Lord Keynes, also. There are people who aim for a more level class system, structured on more common ownership and production. Those people who would like the government to dole out money so that later, the government can dictate the terms of production hide behind an economic theory rather than tell you who they really are--communists.
Now, I don't use the term communist lightly. I understand the implications. "Communism is a sociopolitical movement that aims for a classless and stateless society structured upon common ownership of the means of production, free access to articles of consumption, and the end of wage labor and private property in the means of production and real estate." In other words, the government picks the winners and the government picks the losers. All in your best interest, of course. What's your best interest? The government will decide that, too.
And it's just not economics were speaking of here. It's the control of information by the government. Recently, the Federal Communications Commission has been working with a "left-wing" group to control information flow over the internet. You see, you are just a silly reader of internet stories. You don't have the capability to decide what you should and should not read. You may be influenced by information that doesn't fit with the government's desire for your "education". Scary, huh? Well, sadly, it's not just a story. Whether it's internet control or economic control, you must be aware of the forces at work.
Because they are working hard to get control.