🎙️The Myth of Scarcity & The Future of Economic Justice – The Deeper Thinking Podcast

🎙️The Myth of Scarcity & The Future of Economic Justice – The Deeper Thinking Podcast

Are we trapped in an economy built on myths? In this thought-provoking episode of The Deeper Thinking Podcast, we challenge the foundational beliefs that shape economic policy—exposing the illusion of scarcity, the fiction of balanced budgets, and the hidden power of economic narratives.

Governments claim there isn’t enough money for public healthcare, climate action, or debt relief—yet trillions are created overnight to bail out financial institutions. If money isn’t scarce, what actually limits economic progress? Featuring insights from Steve Keen, Mariana Mazzucato, and Stephanie Kelton, we explore how Modern Monetary Theory (MMT), public-led innovation, and alternative economic frameworks can break the cycle of austerity and inequality.

We also uncover the hidden role of storytelling in sustaining economic myths. Inspired by the work of Adam Curtis, we analyze how neoliberalism was carefully constructed—not as a natural evolution but as an ideological project designed to serve corporate and financial elites.

Key Topics We Cover:

🔹 Why does the myth of government scarcity persist?
🔹 How did neoliberalism manufacture consent for austerity?
🔹 What is Modern Monetary Theory—and how does it change everything?
🔹 Why does mainstream economics ignore private debt and financial instability?
🔹 Can we build an economy based on public investment, full employment, and sustainability?

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📚 Books on Economics, Power & Scarcity:

1️⃣ The Deficit Myth – Stephanie Kelton
🔗 Amazon – Debunks the myth that deficits are dangerous and explores MMT.

2️⃣ Debunking Economics – Steve Keen
🔗 Amazon – A scathing critique of mainstream economic models.

3️⃣ The Entrepreneurial State – Mariana Mazzucato
🔗 Amazon – Shows how governments, not markets, drive innovation.

4️⃣ Shock Doctrine – Naomi Klein
🔗 Amazon – Exposes how economic crises are exploited to enforce neoliberal policies.

5️⃣ 23 Things They Don’t Tell You About Capitalism – Ha-Joon Chang
🔗 Amazon – Challenges fundamental assumptions of free-market economics.

6️⃣ Can We Avoid Another Financial Crisis? – Steve Keen
🔗 Amazon – Explores financial instability and the risks of debt-driven economies.

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#Economics #MMT #ModernMonetaryTheory #Neoliberalism #WealthInequality #EconomicJustice #PublicInvestment #TheDeeperThinkingPodcast

 

Here are Perplexity.ai searches for key concepts and authors discussed in the episode:

🔍 Key Concepts

🔹 The Myth of Economic Scarcity
🔹 Modern Monetary Theory (MMT)
🔹 The Economics of Public Investment
🔹 How Neoliberalism Became Dominant
🔹 The Role of Private Debt in Financial Crises
🔹 Why Inflation is More Than Just Government Spending
🔹 The Political Power of Economic Narratives
🔹 The Future of Post-Neoliberal Economics

🔍 Key Thinkers & Authors

🔹 Stephanie Kelton & The Deficit Myth
🔹 Steve Keen & Debunking Economics
🔹 Mariana Mazzucato & The Entrepreneurial State
🔹 Adam Curtis & The Power of Economic Narratives
🔹 Naomi Klein & The Shock Doctrine
🔹 Ha-Joon Chang & 23 Things They Don’t Tell You About Capitalism
🔹 David Graeber & The Myth of Debt
🔹 Michael Hudson & The Role of Finance in Economic Decline

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