In 1919 Eliot praised Keyne's book. Eliot did not, of course, have a lifelong, consistent view. I don't know if or how much he changed.

>>> P <[log in to unmask]> 6/29/2012 10:23 PM >>>
P <[log in to unmask]> wrote:

>re: consumption - it means to waste or destroy which is the job of all of us little bascilliesque consumers in the social lungs of our economy. Something has to happen to all that production so as to make way for more, and to keep at least 80% of us doing the producing. It is a very hell-like existence, very dehumanising. Keynes was part of the Bloomsbury Woolf pack. I wonder what Eliot really thought about him. I didn't understand McLuhan when he told me there are only two kinds of people, producers and consumers, but I have since come to see it. "Under the brown fog of a winter's dawn, the crowd flowed ...." - it was a prophetic vision. No wonder E. wanted a way out.