Keynesian economics, favors government intervention. Do you see any government intervention today? No. This is the problem.
Keynesian economics assumes all the institutions put in place would function as intended, and be managed by the people of the world, well those institutions are failing all the way to the city level, and we have regulatory capture where corporations lobby government to protect there industries. Arguable Keynesian economics doesn't work the idea failed in 1971, and was reborn as Neo-Keynesian economics a libertarian spin on the idea by free market Monetarists, proponents of a central controlled money supply - not a fractional reserve on a fixed supply of Gold, like the Keynesian economics original advocated, Keynesian economics was bore from a will to make the world a more equitable place but the pendulum has now swung the other way.
Monetarists - Neo-Keynesian economics theory is dead it's arguably wore than Keynesian economics. Governments are powerless, they just manage whatever the corporations tell them to manage.
the latest e-mail leaks form George Soros, just solidify these ideas, he is making business deals in the Ukraine and is able to grantee the US will back them up with lethal force, who in a democracy can do international business and call on their government to back them up with lethal force in another jurisdiction?
I imagine history can teach us what we are destine to relearn.