Why you should understand Keynesian economics in order to understand the future

Why you should understand Keynesian economics in order to understand the future

The capitalism we have today is failing society because it prioritizes profit over people. Since the 1980s, we’ve embraced a system built on deregulation, tax cuts for the wealthy, and privatization. The result? Widening inequality, stagnant wages, and corporate power that dwarfs the influence of everyday citizens. Meanwhile, public services crumble, and workers bear the brunt of unstable markets. This “hands-off” approach to capitalism has left us with a system where the rich get richer, the poor get poorer, and the middle class disappears. It’s time to recognize that this isn’t working—and to bring back policies that center people, not profits.

Keynesian economics, the foundation of post-war prosperity, is the solution.

It’s not about abandoning capitalism, but about balancing it with smart government intervention.

Keynes argued that governments should step in to stabilize the economy, investing in infrastructure, healthcare, and education to create jobs and drive demand.

These policies worked for decades, building a middle class that could buy homes, raise families, and live with dignity.

The government’s role isn’t to shrink to nothing but to ensure the economy works for everyone—not just shareholders and CEOs.

By returning to Keynesian principles, we can rebuild a society that values fairness and opportunity.

Imagine reinvesting in affordable housing, clean energy, and modern public transportation, creating millions of jobs while tackling big issues like inequality and climate change.

Instead of cutting taxes for corporations, we could strengthen social safety nets, ensuring everyone has access to healthcare, childcare, and education.

This isn’t radical; it’s common sense.

If we want a future where everyone has a chance to thrive, we need to admit that today’s capitalism is broken—and Keynesian economics might just be the fix we’re looking for.

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