Lex Fridman Podcast17 Heinä 2022

#303 – Steve Keen: Marxism, Capitalism, and Economics

Steve Keen is a heterodox economist and author. Please support this podcast by checking out our sponsors:
– Weights & Biases: https://lexfridman.com/wnb
– Skiff
– Indeed: https://indeed.com/lex to get $75 credit
– NetSuite: http://netsuite.com/lex to get free product tour
– InsideTracker: https://insidetracker.com/lex to get 20% off

EPISODE LINKS:
Steve’s Twitter: https://twitter.com/profstevekeen
The New Economics (book): https://amzn.to/3zb4eg4

PODCAST INFO:
Podcast website: https://lexfridman.com/podcast
Apple Podcasts: https://apple.co/2lwqZIr
Spotify: https://open.spotify.com/show/2MAi0BvDc6GTFvKFPXnkCL
RSS: https://lexfridman.com/feed/podcast/
YouTube Full Episodes: https://youtube.com/lexfridman
YouTube Clips: https://youtube.com/lexclips

SUPPORT & CONNECT:
– Check out the sponsors above, it’s the best way to support this podcast
– Support on Patreon: https://www.patreon.com/lexfridman
– Twitter: https://twitter.com/lexfridman
– Instagram: https://www.instagram.com/lexfridman
– LinkedIn: https://www.linkedin.com/in/lexfridman
– Facebook: https://www.facebook.com/lexfridman
– Medium: https://medium.com/@lexfridman

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

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