The Socialisation Of Investment in a Contemporarty Setting Download

Description:

The Keynesian conviction is that capitalist economies are recurrently
demand deficient, giving rise to both under-investment and underconsumption, which results in less than optimum employment growth.
Keynes (1973: 378) believed that ‘a somewhat comprehensive
socialisation of investment’ would be required for full employment to be
achieved and sustained. Keynes left the finer details vague as to how a
public investment instrument should operate. This paper attempts to
flesh out more thoroughly, within an Australian context, how a socialised
investment instrument could function. Superannuation policy is
presented as an important tool for the socialisation of investment.

Submitted On:

29 Mar 2007

Submitted By:

admin (admin)

File Date:

29 Mar 2007

File Author:

Tony Ramsay

File Version:

v1

File Size:

74.54 Kb

File Type:

pdf

Downloads:

91