This was a new model of growth: not Keynesianism, in which direct government investment in employment and infrastructure can stimulate the economy, but what Brenner calls “asset-based Keynesianism,” indirect government-facilitated investment in assets and equities in an attempt to kickstart the economy.

DEFINE: Contrasts two economic models: direct government investment versus indirect facilitation of asset and equity investment. XREF: Connects to rentier capitalism and financialization debates about how growth is distributed.

Andrew deWaard, Derivative Media, loc. 83