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{{cquote|When Keynes heralded the death of laissez-faire in the 1920s, it was not just macroeconomic policy he had in mind. He called with equal enthusiasm for the state to adopt powerful industrial policies to regulate enterprise and industry behavior. At least in this period, Keynes was unabashedly corporatist.<ref>James Crotty (1998), "[http://people.umass.edu/crotty/JEI_Keynes-corp.pdf Was Keynes a Corporatist? Keynes’s Radical Views on Industrial Policy and Macro Policy in the 1920s]," pp. 2-3</ref>}}

{{cquote|When Keynes heralded the death of laissez-faire in the 1920s, it was not just macroeconomic policy he had in mind. He called with equal enthusiasm for the state to adopt powerful industrial policies to regulate enterprise and industry behavior. At least in this period, Keynes was unabashedly corporatist.<ref>James Crotty (1998), "[http://people.umass.edu/crotty/JEI_Keynes-corp.pdf Was Keynes a Corporatist? Keynes’s Radical Views on Industrial Policy and Macro Policy in the 1920s]," pp. 2-3</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, ''[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:

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>

 

In a 1939 interview by the [http://www.amazon.com/Socialism-welfare-state-Fabian-tract/dp/B0007JKJG4 Fabian] Kingley Martin, published in the ''New Statesman'' (a British journal [http://www.fabians.org.uk/about/the-fabian-story/ founded by leading Fabians]), Keynes conceded that his economic proposals envisioned -- again like the NEP, Fascism and National Socialism -- an "amalgam of private capitalism and state socialism."<ref>Gilles Dostaler, ''[http://books.google.com/books?id=kyxmAwAAQBAJ Keynes and His Battles]'' (Edward Elgar Publishing, 2007) ISBN 178100837X, p. 98</ref> In this interview, Keynes dubbed his system "liberal socialism"; in 1944 he would explicitly refer to this approach as yet another a "middle way."<ref>Peter Kriesler and Claudio Sardoni, eds., ''[http://books.google.com/books?id=iJGKAgAAQBAJ Keynes, Post-Keynesianism and Political Economy: Essays in Honour of Geoff Harcourt, Volume 3]'' (Routledge, 2002) ISBN 1134825978, p. 164</ref> That year, he would work together with Soviet agent<ref>John Earl Haynes, Harvey Klehr, and Alexander Vassiliev, ''[http://books.google.com/books?id=qCAVQ_cdomcC Spies: The Rise and Fall of the KGB in America]'' (Yale University Press, 2009) ISBN 0300155727, p. 258</ref> [[Harry Dexter White]] to create the World Bank and International Monetary Fund, quintessential [http://www.tni.org/archives/archives_george_ottawa "Third Way" globalist institutions].

In a 1939 interview by the [http://www.amazon.com/Socialism-welfare-state-Fabian-tract/dp/B0007JKJG4 Fabian] Kingley Martin, published in the ''New Statesman'' (a British journal [http://www.fabians.org.uk/about/the-fabian-story/ founded by leading Fabians]), Keynes conceded that his economic proposals envisioned -- again like the NEP, Fascism and National Socialism -- an "amalgam of private capitalism and state socialism."<ref>Gilles Dostaler, ''[http://books.google.com/books?id=kyxmAwAAQBAJ Keynes and His Battles]'' (Edward Elgar Publishing, 2007) ISBN 178100837X, p. 98</ref> In this interview, Keynes dubbed his system "liberal socialism"; in 1944 he would explicitly refer to this approach as yet another a "middle way."<ref>Peter Kriesler and Claudio Sardoni, eds., ''[http://books.google.com/books?id=iJGKAgAAQBAJ Keynes, Post-Keynesianism and Political Economy: Essays in Honour of Geoff Harcourt, Volume 3]'' (Routledge, 2002) ISBN 1134825978, p. 164</ref> That year, he would work together with Soviet agent<ref>John Earl Haynes, Harvey Klehr, and Alexander Vassiliev, ''[http://books.google.com/books?id=qCAVQ_cdomcC Spies: The Rise and Fall of the KGB in America]'' (Yale University Press, 2009) ISBN 0300155727, p. 258</ref> [[Harry Dexter White]] to create the World Bank and International Monetary Fund, quintessential [http://www.tni.org/archives/archives_george_ottawa "Third Way" globalist institutions].