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

Lex Fridman Podcast

CHAPTER

Utopias and Economic Realities

This chapter examines the contrasting visions of socialism and capitalism, analyzing the systemic challenges and historical contexts that shaped their development. It discusses the failures of socialist economies, highlighting key figures and economic theories, including the insights of Janos Kornai. The conversation extends to the implications of scarcity, innovation, and the potential for a more equitable future, even in extraterrestrial contexts.

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