Keynesianism$501573$ - definition. What is Keynesianism$501573$
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Military keynesianism; Permanent war economy; Permanent Arms Economy; Permanent arms economy; Weaponized Keynesianism

Permanent war economy         
The concept of permanent war economy originated in 1944 with an article by Ed Sard (alias Frank Demby, Walter S. Oakes and T.
Post-war displacement of Keynesianism         
  •   Keynes' friend and leading critic [[Friedrich von Hayek]]
  • The Houses of Parliament (UK)]]. Governments were generally viewed positively for the first two decades after World War II, but later, especially in English-speaking nations, the public began to take a more cynical view.
The post-war displacement of Keynesianism was a series of events which from mostly unobserved beginnings in the late 1940s, had by the early 1980s led to the replacement of Keynesian economics as the leading theoretical influence on economic life in the developed world. Similarly, the allied discipline known as development economics was largely displaced as the guiding influence on economic policies adopted by developing nations.
Military Keynesianism         
Military Keynesianism is an economic policy based on the position that government should raise military spending to boost economic growth. It is a fiscal stimulus policy as advocated by John Maynard Keynes.

ويكيبيديا

Military Keynesianism

Military Keynesianism is an economic policy based on the position that government should raise military spending to boost economic growth. It is a fiscal stimulus policy as advocated by John Maynard Keynes. But where Keynes advocated increasing public spending on socially useful items (infrastructure in particular), additional public spending is allocated to the arms industry, the area of defense being that over which the executive exercises greater discretionary power. Typical examples of such policies are Nazi Germany, or the United States during and after World War II, during the presidencies of Franklin D. Roosevelt and Harry S. Truman. This type of economy is linked to the interdependence between welfare and warfare states, in which the latter feeds the former, in a potentially unlimited spiral. The term is often used pejoratively to refer to politicians who apparently reject Keynesian economics, but use Keynesian arguments in support of excessive military spending.