Keynes’s Fatal Conceit

Authors

  • Edward W. Fuller Santa Clara University

DOI:

https://doi.org/10.52195/pm.v15i2.47

Abstract

The central thesis of this paper is that John Maynard Keynes was a tragic victim of the fatal conceit. The opening section explains the fatal conceit and why scholars have failed to associate it with Keynes. The next section gives an overview of Keynes’s personality and character, with an emphasis on his intellectual arrogance and his sense of omniscience. Then the paper discusses Keynes’s supremacism as reflected in his sexism, eugenicism, racism, and impe-rialism. Finally, the paper shows that Keynes was a non-Marxist socialist, and his non-Marxist socialism was an intellectual error resulting from intellectual pride.

Keywords: John Maynard Keynes, Fatal Conceit, Eugenics, Imperialism, Non-Marxist Socialism.

JEL Classification: E12, B24, P20.

Resumen: La tesis central de este artículo es que John Maynard Keynes fue una trágica víctima de la fatal arrogancia. La sección inicial explica la fatal arro-gancia y por qué los académicos no la han asociado con Keynes. La siguiente sección ofrece una visión general de la personalidad y el carácter de Keynes, con énfasis en su arrogancia intelectual y su sentido de omnisciencia. Posteri-ormente, el documento analiza el supremacismo de Keynes que se refleja en su sexismo, eugenesia, racismo e imperialismo. Finalmente, el documento muestra que Keynes fue un socialista no marxista, y su socialismo no marxista fue un error intelectual resultante del orgullo intelectual.

Palabras clave: John Maynard Keynes, Fatal Arrogancia, Eugenesia, Imperial-ismo, Socialismo no marxista

Clasificación JEL: E12, B24, P20.

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2018-12-04

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Keynes’s Fatal Conceit. (2018). REVISTA PROCESOS DE MERCADO, 15(2), 13-65. https://doi.org/10.52195/pm.v15i2.47