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Real Vision interview excerpts. Finance sector as a good servant but lousy master of capitalism

Summary:
I was interviewed by the Raoul Pal Real Vision online investor TV program recently. This five minute excerpts covers some of the main points, including the cause of the 2008 crisis, and why mainstream economists missed it; why the economy is moribund today; how a “modern debt jubilee” could reduce private debt and enable a ...

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I was interviewed by the Raoul Pal Real Vision online investor TV program recently. This five minute excerpts covers some of the main points, including the cause of the 2008 crisis, and why mainstream economists missed it; why the economy is moribund today; how a “modern debt jubilee” could reduce private debt and enable a recovery in credit-based demand to occur; and the need to reform the finance sector so that it is profitable for it to finance entrepreneurs rather than asset bubbles.



Check out this and many more interviews at https://realvisiontv.com/



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.

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