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Capitalism is BROKEN

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Capitalism is BROKEN

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Capitalism is BROKEN
Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

2 comments

  1. Except that Capitalism hasn't existed for well over one hundred years. The system is corporatism and it has been since before the beginning of the twentieth century, or have you somehow not yet noticed ?

    • Corporatism is the natural end of the system because free markets are inherently unstable and enable monopoly. That's why markets in the past had price and trade controls.

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