Lex Fridman | Steve Keen: Marxism, Capitalism, and Economics | Lex Fridman Podcast #303 @lexfridman | Uploaded July 2022 | Updated October 2024, 1 week ago.
Steve Keen is a heterodox economist and author. Please support this podcast by checking out our sponsors:
- Weights & Biases: lexfridman.com/wnb
- Skiff: skiff.org/lex
- Indeed: indeed.com/lex to get $75 credit
- NetSuite: netsuite.com/lex to get free product tour
- InsideTracker: insidetracker.com/lex to get 20% off

EPISODE LINKS:
Steve's Twitter: twitter.com/profstevekeen
The New Economics (book): amzn.to/3zb4eg4

PODCAST INFO:
Podcast website: lexfridman.com/podcast
Apple Podcasts: apple.co/2lwqZIr
Spotify: spoti.fi/2nEwCF8
RSS: lexfridman.com/feed/podcast
Full episodes playlist: youtube.com/playlist?list=PLrAXtmErZgOdP_8GztsuKi9nrraNbKKp4
Clips playlist: youtube.com/playlist?list=PLrAXtmErZgOeciFP3CBCIEElOJeitOr41

OUTLINE:
0:00 - Introduction
1:51 - Defining economics
8:50 - Schools of economics
33:10 - Karl Marx
51:24 - Labor theory of value
1:11:10 - Socialism
1:26:12 - Soviet Union
1:39:33 - China
1:59:24 - Climate change
2:21:27 - Economics vs Politics
2:29:30 - Minsky's model
2:44:14 - Financial crisis
2:49:31 - Inflation
3:02:46 - Marxism
3:10:06 - Space and AI
3:16:11 - Advice for young people
3:20:02 - Depression
3:24:35 - Love
3:28:35 - Mortality

SOCIAL:
- Twitter: twitter.com/lexfridman
- LinkedIn: linkedin.com/in/lexfridman
- Facebook: facebook.com/lexfridman
- Instagram: instagram.com/lexfridman
- Medium: medium.com/@lexfridman
- Reddit: reddit.com/r/lexfridman
- Support on Patreon: patreon.com/lexfridman