Problem
Explain using words and figures (and equations if you like) the flaw at the heart of Capitalism that John Maynard Keynes discovers and sets out in his great work The General Theory of Employment, Interest and Money. Be specific in your use of Keynesian concepts and terms, and the overall Keynesian framework. What might Keynes have said about the ongoing Coronavirus Pandemic in terms of the optimal policy response in a democratic market (capitalist) economy? Discuss in 300 words maximum, plus charts and figures (and equations, if you like).