Understanding Value in Marxist Economics

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