Planet Money

Summer School 8: Big ideas and life lessons from Marx, Keynes and Smith and more

34 snips
Aug 28, 2024
Celebrate graduation with a fun quiz and key economic insights from history's greatest minds. Reflect on the last 50 years, revealing the paradox of progress with rising carbon emissions alongside declining poverty. Discover how agricultural innovations have dramatically reduced hunger in developing nations. Dive into the contrasting views of Smith and Marx, showcasing their relevance today. Finally, honor the legacy of Sadie Alexander and other pioneers who reshaped the understanding of economics and citizenship rights.
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ADVICE

Be Lovely

  • Be worthy of honor, respect, and praise.
  • Pursue self-interest, but also strive to be decent and earn respect.
INSIGHT

Marxist Critique of Capitalism

  • Capitalism inherently creates a mass of poor people lacking control.
  • Marx advocated socialism where workers own the means of production.
ADVICE

Ruthless Criticism

  • Critically examine the world and question existing institutions.
  • Don't be afraid of the results or conflicting with those in power.
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