3min chapter

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

Lex Fridman Podcast

CHAPTER

Is the Government Running a Deficit a Feature, Not a Bug?

There is a distorted use of different terms in popular discourse today. And one of them is Marxism today, and the word 'socialism' Is there something you could just speak to about increased use of that word? And is it misused? Does it concern you that there's a lot of actually young people that say they're sort of proudly Marxist? Are they misusing the term? Yeah, definitely. Misusing the term if they don't understand the use value exchange value dialectic I went through earlier.

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