________ advanced the position that capitalism works best when the government has a role in moderating the basic welfare of all its citizens.

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Quizplus · Accepted Answer

John Keynes, an economist of the 20th century, argued that a capitalist economy is most effective when the government intervenes to ensure that basic welfare is provided to all citizens. This intervention can take the form of economic policies, such as fiscal spending, that aim to stabilize the economy and reduce inequality. This theory is known as Keynesian economics, and it has influenced economic policy worldwide.

________ Advanced the Position That Capitalism Works Best When the Government