Steve Keen – PATREON: Why the poor pay for high debt, even if they don’t borrow (in 13 minutes & 15 seconds flat)

This was an invited talk to public servants organized by the Exploring Economics group (https://www.exploring-economics.org/en/). In just over 13 minutes Keen provides a complex systems argument that the poor pay for debt, even if they didn’t personally borrow it, because workers are the residual income recipients in capitalism.

You can follow Steve at his blog PATREON

 

 

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