Episode · Lex Fridman Podcast · 2022-07-17
Books mentioned on #303 – Steve Keen: Marxism, Capitalism, and Economics
Steve Keen is a heterodox economist and author. Please support this podcast by checking out our sponsors: – Weights & Biases: https://lexfridman.
Lex Fridman recommended Debunking Neo-classical Economics by Steve Keen and The New Economics by Steve Keen. Steve Keen recommended earth abides by george r. stewart and A Brief History of Doom by Richard Vague, and discussed The Wealth of Nations by Adam Smith, Capital by Karl Marx, The phenomenology of spirit by Georg Wilhelm Friedrich Hegel, and Grundrisse by Karl Marx.
Books mentioned, in the order they came up
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Debunking Neo-classical Economics
Debunking Neo-classical Economics is an academic critique by economist Steve Keen that challenges traditional economic models and mainstream neoclassical theories regarding market equilibrium, debt, and monetary dynamics.
Recommended“he has written several books I recommend including the new economics and Manifesto and debunking economics”
Where to get it
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The New Economics
The New Economics by Steve Keen is an influential economics book that challenges mainstream neoclassical theory and offers alternative frameworks for understanding financial systems.
Recommended“he has written several books I recommend including the new economics and Manifesto and debunking economics”
Where to get it
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The Wealth of Nations
The Wealth of Nations by Adam Smith is a foundational text of classical economics that examines the nature and causes of national prosperity through the lenses of division of labor, productivity, and free markets.
Discussed“certainly rard I find totally like reading a cardboard cutout version of uh of the wealth of of The Wealth of Nations it's uh I find his worth trivial”
Where to get it
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Capital
Capital by Karl Marx is a foundational critique of political economy that examines the mechanics of capitalist production, commodity fetishism, and the systemic exploitation of labor.
Discussed“that's what you want to find a great explanation for Marxist philosophy I forgotten the author I think it's wild wde Marx in contradiction”
Where to get it
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The phenomenology of spirit
Georg Wilhelm Friedrich Hegel's foundational philosophical work explores the development of human consciousness and historical progress.
Discussed“and Otto returned to Marx a copy of of hegel's phenomenal I think it's called phenomenology of right I haven't read it but that's the book”
Where to get it
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Grundrisse
Grundrisse by Karl Marx is a massive and influential collection of preliminary notebooks written in 1857 and 1858 that laid the theoretical groundwork for Das Kapital, focusing on the critique of political economy, capitalism, and production.
Discussed“and then on page 267 of the penguin edition of the grandr literally your memory one and a half pages long footnote”
Where to get it
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earth abides
Earth Abides by George R.
Recommended“and there's a wonderful science fiction book called the Earth abides about a world in which humans get wiped out there's only a tiny band left and then the Earth reasserts itself”
Where to get it
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A Brief History of Doom
A Brief History of Doom is a nonfiction economics book by Richard Vague that examines the history of major financial crises and debt accumulation, arguing that excessive private debt is the primary driver of economic collapses.
Recommended“so you had a housing bubble at the beginning of the 1920s which Richard vague covers beautifully in the uh brief history of Doom”
Where to get it
