by Summary:
Zachary Marlow is the guest this week. Zachary is a storyteller, a filmmaker, an activist, an adventurer, an organizer, a poet, a comedian, a concerned human and the host and producer of the Moneyless Society Podcast. He wears many hats: worldbuilding, outreach, social ecology, networking and dreaming the impossible dreams that keep us ever chasing the horizon of what is possible.
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Zachary Marlow is the guest this week. Zachary is a storyteller, a filmmaker, an activist, an adventurer, an organizer, a poet, a comedian, a concerned human and the host and producer of the Moneyless Society Podcast. He wears many hats: worldbuilding, outreach, social ecology, networking and dreaming the impossible dreams that keep us ever chasing the horizon of what is possible.
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Steve Keen considers the following as important:
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| Zachary Marlow is the guest this week. Zachary is a storyteller, a filmmaker, an activist, an adventurer, an organizer, a poet, a comedian, a concerned human and the host and producer of the Moneyless Society Podcast. He wears many hats: worldbuilding, outreach, social ecology, networking and dreaming the impossible dreams that keep us ever chasing the horizon of what is possible. |
Voices like Moneyless Society, The Zeitgeist Movement, The Venus Project are so valuable for expanding our creative vision of what a sustainable economy can look like.
People knock this thinking as Utopian, but it's not, it's about creating an economics that is agile and responsive, able to change and adapt quickly to the ever evolving needs of humans and their planet.
I agree, even if I don't buy into everything the above organizations propose, the conversation needs to happen, so we can move forward as a species.
Hi Steve. You referenced Jonas Kornai in your livestream. Where in the book does he do a critique of an ideal socialist utopia? What chapter or pages. Thanx.
There are numerous references, not just a book: Kornai, J. (1979). "Resource-Constrained versus Demand-Constrained Systems." Econometrica 47(4): 801-819.
Kornai, J. (1980). "'Hard' and 'Soft' Budget Constraint." Acta Oeconomica 25(3-4): 231-245.
Kornai, J. (1986). "The Soft Budget Constraint." Kyklos 39(1): 3-30.
Kornai, J. (1990). Economics of shortage. Amsterdam, North-Holland.
Kornai, J. (2010). "Shortage economy surplus economy." Közgazdasági szemle 57(11): 925-957.
Kornai, J., E. Maskin and G. Roland (2003). "Understanding the Soft Budget Constraint." Journal of Economic Literature 41(4): 1095-1136.
Kornai, J. and A. Matits (1987). "The Softness of Budgetary Constraints–An Analysis of Enterprise Data." Eastern European Economics 25(4): 1-34.
Kornai, J. and J. W. Weibull (1978). "The Normal State of the Market in a Shortage Economy: A Queue Model." Scandinavian Journal of Economics 80(4): 375-398.
It's decades since I read most of them, so I can't give you chapter and verse. But he does juxtapose an extreme capitalist to an extreme socialist society in his analysis.
@@ProfSteveKeen These are all critiques of the Soviet style system. Which contrary to the title of his book is not socialism. Its questionably Marxist. Its just simply planned rationing. Which all countries were experimenting with during and after WWII. So, I dont see how you can take this as a serious critique of socialism. I know ex libertarians dont want to except socialism. But you have to do better than this.
And existing capitalism isn't capitalism @@PoliticalEconomy101 — just ask any Austrian economist. Frankly I find this approach inane. If what we got isn't what it was then… And Kornai's work is extremely sophisticated, and written when he living in Hungary under one of the most progressive forms of socialism, and it was directed at trying to work out why it performed so poorly.
I'll post my ancient paper on Soviet industrialisation to my blog tomorrow, which references Kornai's work.
@@ProfSteveKeen I dont get the argument here. The Soviet system and Kornai's work is completely irrelevant. We can debate ideal capitalism because we know what it can look like. My argument is that almost NOBODY knows what an alternative socialist system would be like (alternative to both capitalisms and Soviet system). In other words, you have no right to criticize socialism because you have no clue of what it would be like.
Great talk, loved the crew and happy to do it again and have Steve on our show, come on over and check it out!
And Steve what was that anthropologist account of early gifting economies you mentioned, something about the cave bear?
Yes. Clan of the Cave Bear by Jean Auel. Six books in the series, the first 4 are magnificent. Based on the research of Michael Hudson and many others into early societies, which Auel to some extent financed. So a fiction based on very good anthropological research.
the subtitles are not on
In most cases subtitles do not work on livestream until 2 to 24 hrs after it goes live.
I love how you guys make economics fun.
Sounds like some type of Communism.
I watch this live steam a lot, and I think that was the first time I heard Mike say anything below the belt. (Taylor Swift)