Which perspective is represented here Keynes and his followers were not strong enough in their ideas. Specifically, they were too willing to accept the idea of a natural market, that is somehow pre-existing, but may require the intervention of the government to achieve both full employment and important public goals. The point is that the government structures the market in very fundamental ways. It can and does structure it differently through time in ways that have an enormous impact on the distribution of income. In the United States, we have a structure of governance that makes it extremely difficult for shareholders to rein in the pay of CEOs and other top management. This is a source of massive inequality as the ratio of CEO pay to the pay of ordinary workers has exploded from just around 20 to 1 five decades ago, to around 200 to 1 today.