Lights and Shadows: a Keynes’s view on the left

Vol. 40 No. 3 (2020)

Jul-Sep / 2020
Published June 22, 2020

How to Cite

Sicsú, João. 2020. “Lights and Shadows: A Keynes’s View on the Left”. Brazilian Journal of Political Economy 40 (3), 532-53.

Lights and Shadows: a Keynes’s view on the left

João Sicsú
Professor do Instituto de Economia da Universidade Federal do Rio de Janeiro – IE-UFRJ, Rio de Janeiro/RJ, Brasil.
Brazilian Journal of Political Economy, Vol. 40 No. 3 (2020), Jul-Sep / 2020, Pages 532-553


It is not easy to classify J. M. Keynes’s ideological and political position. The purpose of this article is to identify his position. Nowadays, part of the left-wing identifies itself with his positions. On the other hand, there are some specialised economic literature positions that clearly show Keynes’s ideas are far from those of the Marxist/Communist left. However, it seems that Keynes’s relationship and his ideas with the culture of the communist left would be marked by deep adherences and rejections. Keynes apparently adopted dubious and pendular positions, but in fact, Keynes was an illuminist, an elitist intellectual, who had a utopia of social justice, material welfare and political liberalism. This is why, he is nowadays admired by the radical and reformist left.

Classificação JEL: B31; A31; A13.

Keywords: Keynes’s ideology, Keynes and the left-wing, Keynes’s Utopia