17 One of Th e General Th eory’s main points of contention against the mainstream framework was the rejection of the idea that investments = savings (the socalled Say’s law). For Keynesians, what capital accumulation needs is not more (potentially idle) savings, but rather an incentive for investors to invest— that is, high enough profi t expectations. High profi t expectations come with the expectation of selling more goods that can be guaranteed by high aggregate demand— especially more government spending.

Clara E. Mattei, The Capital Order, loc. 1683