Dialectic at Work: Keynesian vs Marxian Economics

State intervention or private interest? Public investment or private? More taxation or less? More regulation or less regulation? We are often asked to comment on these questions because, in popular perception at least, they are the 'central' concerns of left-leaning economists. But, as we will discover in this episode, while these may be essential concerns (particularly for Keynesian economists), Marxian economists and thinkers have provided an alternative way of thinking about the project that goes beyond these naive binaries.

In this episode, the dialectic goes to work with the world's leading Marxian economist, Professor Richard Wolff, to make sense of the differences and similarities between Keynesian and Marxian thinkers.

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