I was totally with you until this part: > we've really only used the bits of Keynesianism that happen to be convenient to our ruling class. where I would remi

I was totally with you until this part: > we've really only used the bits of Keynesianism that happen to be convenient to our ruling class. where I would remind that it is not just about convenience to ruling class; much of it is about populism (paying out popular social transfers from state coffers, and not collect unpopular taxes) which is rewarded with votes.