Sunday , February 23 2025
Home / Video / Why Socialism Fails

Why Socialism Fails

Summary:
Why Socialism Fails

Topics:
Steve Keen considers the following as important:

This could be interesting, too:

New Economics Foundation writes Is the Labour government delivering on its promises?

John Quiggin writes Dispensing with the US-centric financial system

New Economics Foundation writes Whose growth is it anyway?

Matias Vernengo writes What is heterodox economics?

Why Socialism Fails
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.

One comment

  1. But isn't the constraint of demand the same as the constraint of respources?

    In order to demand you need money. You get money by credit dependend upon how many ressources are available to you where the main resource is labour.

Leave a Reply

Your email address will not be published. Required fields are marked *