divergent views of finance, economics, politics and society held by Keynesians and Neoliberals

Essay from the year 2015 in the subject Business economics - General, grade: 2:1, De Montfort University Leicester, course: International Business and Globalisation, language: English, abstract: To understand the divergent views relating to Keynesians and Neoliberals, it is first important to define the two economic groups. (Princeton) regards Keynesianism as "e;the economic theories of John Maynard Keynes who advocated government monetary and fiscal programs intended to stimulate business activity and increase employment"e; defines Neoliberalism as a "e;Late-twentieth century variant of theory that competition among businesses in market with limited state regulation best fosters growth; specifically, advocacy of free enterprise in competitive global markets and movement of goods and capital unburdened by tariffs and regulations..."e; (Bourdieu; cf. Treanor). To understand the divergent views on finance, economics, politics and social policies of Keynesians and Neoliberals, these four policies therefore need to be broken down, explained and analysed.