4min chapter

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#285 – Glenn Loury: Race, Racism, Identity Politics, and Cancel Culture

Lex Fridman Podcast

CHAPTER

How Does Politics Affect Your View on Race in America?

I was trained as an economist in a tradition of what many people would call neo liberalism. We were not Marxist at MIT although we did read marks. I think the story of the 20th century as far as economic development is concerned reflects that. The experiments where centralized control over economic decisions was the order of the day failed. China's rise has a lot to do with the spread of capitalist oriented modes of economic exchange, freeing up prices markets and security, and so forth.

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