Quote by John Maynard Keynes

The decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is not intelligent. It is not beautiful. It is not just. It is not virtuous. And it doesn't deliver the goods.

The decadent international but individualistic capitalism in

Summary

This quote argues that the state of capitalism following the war is flawed and lacking in various aspects. It suggests that the prevailing system is decadent, meaning excessive and self-indulgent, and highlights its individualistic nature. The quote states that this form of capitalism is not successful, intelligent, beautiful, just, virtuous, or efficient in delivering desired outcomes. Therefore, it criticizes the current state of capitalism, implying the need for a more balanced and equitable economic system.

Topics

Capitalism

By John Maynard Keynes

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