Keynesianism$501573$ - translation to spanish
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Keynesianism$501573$ - translation to spanish

Military keynesianism; Permanent war economy; Permanent Arms Economy; Permanent arms economy; Weaponized Keynesianism

Keynesianism      
n. Keynesianismo, teoría económica que aboga por la intervención del gobierno en la economía y el aumento del consumo para así evitar el desempleo) (fué desarrolla por Maynard Keynes (1883-1946)

Definition

Keynesian
['ke?nz??n]
¦ adjective relating to the theories of the English economist John Maynard Keynes (1883-1946).
¦ noun an adherent of Keynesian theories.
Derivatives
Keynesianism noun

Wikipedia

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.