Changes

{{cquote|[Keynes] pointed out that the combination of relief, public works, raising wages by NRA codes, distributing moneys to farmers under agricultural adjustment, was doing exactly what his theory would indicate as correct procedure. He was full of faith that we in the United States would prove to the world that this was the answer.<ref>Frances Perkins, ''[http://books.google.com/books?id=AIEhAAAAMAAJ The Roosevelt I Knew]'' (The Viking press, 1946) p. 225</ref>}}

{{cquote|[Keynes] pointed out that the combination of relief, public works, raising wages by NRA codes, distributing moneys to farmers under agricultural adjustment, was doing exactly what his theory would indicate as correct procedure. He was full of faith that we in the United States would prove to the world that this was the answer.<ref>Frances Perkins, ''[http://books.google.com/books?id=AIEhAAAAMAAJ The Roosevelt I Knew]'' (The Viking press, 1946) p. 225</ref>}}

In his 1936 book, ''The General Theory of Employment, Interest and Money,'' Keynes advocated "a somewhat comprehensive socialization of investment." Agreeing with Lenin's NEP, Mussolini's corporatism, and Hitler's national socialism, he added, "This need not exclude all manner of compromises and devices by which public authority will co-operate with private initiative." Nevertheless, he insisted, "The central controls necessary to ensure full employment will, of course, involve a large extension of the traditional functions of government."<ref>John Maynard Keynes, ''The General Theory of Employment, Interest and Money,'' (Atlantic Publishers & Dist, 2006) ISBN 8126905913, p. 378</ref> Keynes' [https://ebooks.adelaide.edu.au/k/keynes/john_maynard/k44g/preface2.html preface to the German edition] of the book, admits:

In his 1936 book, ''The General Theory of Employment, Interest and Money,'' Keynes advocated "a somewhat comprehensive socialization of investment." Agreeing with Lenin's NEP, Mussolini's corporatism, and Hitler's national socialism, he added, "This need not exclude all manner of compromises and devices by which public authority will co-operate with private initiative." Nevertheless, he insisted, "The central controls necessary to ensure full employment will, of course, involve a large extension of the traditional functions of government."<ref>John Maynard Keynes, ''[http://books.google.com/books?id=xpw-96rynOcC The General Theory of Employment, Interest and Money],'' (Atlantic Publishers & Dist, 2006) ISBN 8126905913, p. 378</ref> Keynes' [https://ebooks.adelaide.edu.au/k/keynes/john_maynard/k44g/preface2.html preface to the German edition] of the book, admits:

{{cquote|the theory of output as a whole, which is what the following book purports to provide, is much more easily adapted to the conditions of a totalitarian state, than is the theory of the production and distribution of a given output produced under conditions of free competition and a large measure of ''laissez-faire''.}}

{{cquote|the theory of output as a whole, which is what the following book purports to provide, is much more easily adapted to the conditions of a totalitarian state, than is the theory of the production and distribution of a given output produced under conditions of free competition and a large measure of ''laissez-faire''.}}

Keynes had been involved with Fabian socialism since at least his student days at Cambridge.<ref>Michael Holroyd, ''[http://books.google.com/books?id=hL1GPQAACAAJ Lytton Strachey: A Critical Biography, Vol.1: The Unknown Years,1880-1910]'' (Heinemann, 1967), p. 250; Anne Jackson Fremantle, ''[http://books.google.com/books?id=IRQdAAAAIAAJ This Little Band of Prophets: The British Fabians]'' (New American Library, 1960), p. 230</ref> Mosley had been a Fabian socialist in 1930, when Keynesian economics was the "officially accepted Fabian line," notes Zygmund Dobbs. Mosley went on to found the British Union of Fascists, which "at first was modeled after Mussolini’s example but later became patterned after Hitler. Through all these tergiversations, Mosley never had to abandon his Keynesist principles."<ref>Zygmund Dobbs, ''[http://books.google.com/books?id=N-g1AQAAIAAJ Keynes at Harvard: economic deception as a political credo],'' (New York: Veritas Foundation, 1960), pp. 88-90</ref> As a leading Fascist propagandist<ref>James Strachey Barnes led a "major group" established "to promote ... fascism," and circulate "fascist propaganda," emphasizing "the positive nature of fascism." Roger Griffin with Matthew Feldman, eds., ''[http://books.google.com/books?id=xeHuSpHzqGUC Fascism: The 'Fascist Epoch']'' (Taylor & Francis, 2004) ISBN 0415290198, p. 255</ref> noted (in a book with a preface by Mussolini):<ref>Gaetano Salvemini, ''[http://books.google.com/books?id=CaONx1VLelsC Under the Axe of Fascism]'' (Read Books, 2008) ISBN 1443736708, p. 115</ref>

Keynes had been involved with Fabian socialism since at least his student days at Cambridge.<ref>Michael Holroyd, ''[http://books.google.com/books?id=hL1GPQAACAAJ Lytton Strachey: A Critical Biography, Vol.1: The Unknown Years,1880-1910]'' (Heinemann, 1967), p. 250; Anne Jackson Fremantle, ''[http://books.google.com/books?id=IRQdAAAAIAAJ This Little Band of Prophets: The British Fabians]'' (New American Library, 1960), p. 230</ref> Mosley had been a Fabian socialist in 1930, when Keynesian economics was the "officially accepted Fabian line," notes Zygmund Dobbs. Mosley went on to found the British Union of Fascists, which "at first was modeled after Mussolini’s example but later became patterned after Hitler. Through all these tergiversations, Mosley never had to abandon his Keynesist principles."<ref>Zygmund Dobbs, ''[http://books.google.com/books?id=N-g1AQAAIAAJ Keynes at Harvard: economic deception as a political credo],'' (New York: Veritas Foundation, 1960), pp. 88-90</ref> As a leading Fascist propagandist<ref>James Strachey Barnes led a "major group" established "to promote ... fascism," and circulate "fascist propaganda," emphasizing "the positive nature of fascism." Roger Griffin with Matthew Feldman, eds., ''[http://books.google.com/books?id=xeHuSpHzqGUC Fascism: The 'Fascist Epoch']'' (Taylor & Francis, 2004) ISBN 0415290198, p. 255</ref> noted (in a book with a preface by Mussolini):<ref>Gaetano Salvemini, ''[http://books.google.com/books?id=CaONx1VLelsC Under the Axe of Fascism]'' (Read Books, 2008) ISBN 1443736708, p. 115</ref>