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HEATED DEBATE BETWEEN CAPITALIST & SOCIALIST Analytics Table
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What happens when an economist who predicted the 2008 crash sits opposite a political commentator who grew up under communism? You get two very different explanations for why Britain and the wider West feel increasingly unstable. I sat down with Professor Steve Keen and Konstantin Kisin to unpack some of the biggest questions facing the UK and the US right now. Steve has spent decades challenging mainstream economic thinking and questioning the assumptions that governments and economists use to make decisions. Konstantin grew up in the Soviet Union and is now the co-host of Triggernometry, where much of his work explores politics, culture, immigration and the growing frustration he sees across Western countries. They agree that something is going wrong, but disagree quite significantly on why. Thatās exactly why I wanted to put these two perspectives across the table from each other. We discussed: - Why Britain has struggled to achieve meaningful economic growth. - Whether wealth redistribution would actually improve peopleās lives. - How immigration has become such a defining political issue across Europe. - If the economic risks of climate change are far greater than weāve been told. - What happens if AI destroys huge numbers of jobs. - The disruption around the Strait of Hormuz could create another major economic shock. Steve believes another global crisis could be coming. Konstantin argues that some of the biggest threats facing the West are already unfolding. What made this discussion interesting was seeing both of them pushed beyond their usual arguments and challenged on the assumptions behind what they believe. Steve offered a very different way of thinking about the economy, particularly when it came to climate change and the risks he believes are still being underestimated. Konstantin came at many of the same problems from a completely different direction, particularly around migration, politics and the growing frustration he sees across Western countries. With questions around the economy, migration, energy and AI becoming harder to ignore, hearing two very different explanations for what is happening felt especially important. Out now on all platforms. ā¤ļøšš¾
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