Educate, Agitate, Organize: 100 Years of Fabian Socialism

The central thesis of this paper is that Keynes invented the IS-LM mod-el to justify non-Marxist socialism. This paper outlines the chronology of Keynes’s ideas to demonstrate that he invented Keynesian economics to justify his previously held political beliefs. This paper shows that Keynes is best de-scribed as a non-Marxist socialist. Then the papers confirms that the IS-LM model is the correct interpretation of the General Theory. Finally, the IS-LM demand constraint equations and diagram are used to illustrate Keynes’s eco-nomic justification of non-Marxist socialism. Keywords: John Maynard Keynes, IS-LM model, Socialism, Socialization of In-vestment JEL Classification: E12, E22, E32, E52, P20, P26, B22, B24 Resumen: La tesis central de este trabajo es que Keynes perfiló el modelo IS-LM para justificar el socialismo no marxista. Este artículo establece la cronología de las ideas de Keynes para demostrar que creó la economía keynesiana para justificar las creencias políticas que sostenía previamente. Muestra que Keynes puede caracterizarse como un socialista no marxista. Posteriormente, confirma que el modelo IS-LM es la interpretación correcta de la Teoría General. Por último, utiliza las ecuaciones y diagramas de restricción de demanda del mo-delo IS-LM para ilustrar la justificación económica de Keynes del socialismo no-marxista. Palabras clave: John Maynard Keynes, modelo IS-LM, socialismo, socialización de la inversión Clasificación JEL: E12, E22, E32, E52, P20, P26, B22, B24

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Educate, Agitate, Organize: 100 Years of Fabian Socialism

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‘Laying a foundation of fact’: Fabianism and the information society thesis

‘Laying a foundation of fact’: Fabianism and the information society thesis

St John Ervine and the Fabian Society: Capital, Empire and Irish Home Rule

Keynes’s Politics and Economics

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