Any honest examination of Keynesian economics would conclude that the rich will get richer relative to the poor that they are trying to help.
It relies on the idea that people are too stupid to make their own decisions.
The Keynesian model is fundamentally “Racist”, as it is being applied here in America.
I’m not sure what that has to do with what I said, but:
“It relies on the idea that people are too stupid to make their own decisions.”
That belief is probably held by many who espouse Keynesian economics, but I don’t think it relies on that idea. My understanding of it is that it relies on the idea that government can prod economic growth by using its power to stimulate demand via redistribution. That is wrong, perhaps even stupid, but I don’t see how it is racist.