Marxism, Keynesianism, and Modern Monetary Theory
Marxist Voice4 Joulu 2019

Marxism, Keynesianism, and Modern Monetary Theory

In this talk from Revolution Festival 2019, Adam Booth - editor of www.socialist.net - compares and contrasts the economic ideas of Karl Marx, John Maynard Keynes, and MMT. The crash of 2008 brought all the established neoliberal economic ideas into question. As Nobel Prize winning economist Paul Krugman told an audience at the London School of Economics in the wake of the financial crisis: “Most work in macroeconomics in the past 30 years has been useless at best and harmful at worst.” Over a decade on, and mainstream capitalist economists still have no answers or solutions. Some on the left have attempted to fill the vacuum with alternative economic theories. These include old ideas, such as those of John Maynard Keynes; and new concepts, such as 'Modern Monetary Theory'. Neither of these tendencies, however, provide a genuine, scientific analysis of capitalism. Instead, both seek to patch up and reform the broken capitalist system. In this talk, Adam looks at these economic ideas - old and new - and explains why only a Marxist perspective can offer a way out of capitalism's crisis for the left and the labour movement.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(395)

The failures of 'lesser evilism' and the popular front

The failures of 'lesser evilism' and the popular front

Those on the left are increasingly being pushed the idea that we must support, vote for and publicly defend the 'lesser evil' in politics. Many liberal politicians orient their campaign around the ide...

30 Kesä 54min

1945: Liberation, revolution and betrayal

1945: Liberation, revolution and betrayal

A revolutionary wave swept through Europe towards the end of the Second World War. In France, communists formed the backbone of the armed resistance to fascism. In Italy, workers occupied the factorie...

23 Kesä 40min

What would socialism look like?

What would socialism look like?

Most people today are well aware of what they are against, poverty, austerity, racism, imperialism and much more. However, very few people have an idea of what they are fighting for. Politics promises...

16 Kesä 40min

Revolutions in Materialist Philosophy

Revolutions in Materialist Philosophy

From the Renaissance to Marx, this talk from the London Marxist School traces the revolutionary developments of materialist philosophy. Beginning with the scientific breakthroughs of figures like Fran...

9 Kesä 48min

Defying US imperialism: Fidel Castro and the Cuban Revolution

Defying US imperialism: Fidel Castro and the Cuban Revolution

The Cuban Revolution stands as one of the most revered revolutions in the history of capitalism. Fidel Castro and Che Guevara began as anti-imperialists and did not initially consider the revolution t...

2 Kesä 49min

Feuerbach, philosophy, and the birth of Marxism

Feuerbach, philosophy, and the birth of Marxism

Dialectical materialism, the philosophy of Marxism, did not fall from the sky. Nor was it just a ‘good idea’ that Marx came up with one afternoon. As Marxists we owe an immense debt to the philosopher...

26 Touko 44min

100 years of Malcolm X: From Nation to Revolution

100 years of Malcolm X: From Nation to Revolution

The name Malcolm X is synonymous with the black liberation movement internationally. His life was dedicated to this struggle, ultimately leading to his murder in 1965. His view that liberation should ...

19 Touko 48min

World Perspectives 2026

World Perspectives 2026

In order to change the world, you must first understand it. This is why communists discuss politics, economics and the state of class consciousness. In a world defined by economic collapse, political ...

12 Touko 1h 9min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
uutiscast
ootsa-kuullut-tasta-2
rss-ootsa-kuullut-tasta
rss-podme-livebox
rss-vaalirankkurit-podcast
tervo-halme
otetaan-yhdet
rss-asiastudio
politiikan-puskaradio
aihe
rss-girls-finish-f1rst
the-ulkopolitist
rss-kaikki-uusiksi
rss-ulkopoditiikkaa
rikosmyytit
rss-mina-ukkola
rss-aijat-hopottaa-podcast
rss-kuka-mina-olen
rss-raha-talous-ja-politiikka