Doomscroll 37.5: Vivek Chibber

Vivek and I get in the weeds about strategy and economy. We discuss how the Marxist theory of declining rates of profit will impact the 21st century struggle for social democracy. Our conversation touches upon voucher systems, nationalization and state-led investment programs. Most importantly, we compare the right and left populist visions to tackle American inequality and explore why only one of them can work.