Top Economist Explains Fascism (with Lex Fridman)

Rebel Economics with Dr. Steve Keen

"The Nazi regime's 'socialism' was a facade, merely directing industry, not owning it."

Dive deep into the intricacies of fascism and socialism in our latest discussion. Discover how true socialism contrasts starkly with the Nazi regime's so-called 'national socialism,' which involved state direction rather than public ownership. Understand the importance of ownership of the means of production and how terms are often misinterpreted and misused in political discourse.

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Who is Dr. Steve Keen?

Dr. Steve Keen is an influential economist who has dedicated over 50 years to challenging mainstream economic theories. Since his days as a university student, he has been engaged in a David vs. Goliath battle against conventional economic models. Holding a Ph.D. in economics, Dr. Keen is well-known for his critical analysis and advocacy for more realistic economic approaches. His work emphasizes the importance of accounting for financial instability and incorporates elements of complex systems theory. Engineers, finance professionals, and IT experts will appreciate his methodical breakdown of economic phenomena and his development of the Minsky software, which models financial crises. Dr. Keen's contributions are crucial for anyone seeking a deeper understanding of how economic systems can impact technological and financial environments. His teachings offer valuable insights into the economic forces shaping our world. By following his analysis, professionals can gain a better grasp of economic dynamics that influence their fields.