Steve Keen: Marxism, Capitalism, and Economics | Lex Fridman Podcast #303

We have to control the rate of debt (how much of GDP is ALLOWED to be borrowed on credit - ie, bank lending for investment ~<50%) as much as we control interest rates, inflation, and unemployment. 

There is calculus to be learned. NO MORE SPECULATIVE LENDING! 
No lending for essential items. 
Labor creates wealth, but if there is no wealth to trade for labor ... labor dies. 

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