Lex Fridman Podcast: #303 – Steve Keen: Marxism, Capitalism, and Economics

Lex Fridman Lex Fridman 7/17/22 - Episode Page

Steve Keen is a heterodox economist and author. Please support this podcast by checking out our sponsors:

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OUTLINE:

Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.

(00:00) – Introduction

(07:26) – Defining economics

(14:26) – Schools of economics

(38:45) – Karl Marx

(57:00) – Labor theory of value

(1:16:45) – Socialism

(1:31:48) – Soviet Union

(1:45:08) – China

(2:05:00) – Climate change

(2:27:03) – Economics vs Politics

(2:35:06) – Minsky’s model

(2:49:50) – Financial crisis

(2:55:07) – Inflation

(3:08:21) – Marxism

(3:15:42) – Space and AI

(3:21:47) – Advice for young people

(3:25:38) – Depression

(3:30:10) – Love

(3:34:11) – Mortality