Transcript
A (0:00)
Npr.
B (0:11)
This is the indicator from Planet Money. I'm Paddy Hirsch.
A (0:14)
And I'm Adrian Ma. There's a word that Republican politicians have been tossing around recently that we want to talk about.
B (0:21)
Hold on a second, Adrian. Politics. We don't do politics here. This is an economic show.
A (0:26)
Yeah, but this word is actually an economics term and the term is Marxism.
B (0:32)
Oh, okay.
C (0:33)
Right.
B (0:33)
Yeah. This is our latest episode in an ongoing series, economics Terms Corrupted by Politics.
D (0:39)
My friends, this is not your father's Democratic Party.
B (0:42)
They are now full on to Marxism. She's a Marxist. Socialism. She's a Marxist. Everybody knows she's a Marxist. Her father's a Marxist. You know, part of me wants to say let's take back Marxism, except, you know, I really don't want to do that. But I do want to set the record straight. So on today's show, we're going to find out exactly what this key economic term, Marxism, actually means and why a lot of politicians are batting it about the place right now. That's coming up after the break.
C (1:10)
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D (1:42)
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B (2:16)
Well, it's the political and economic theory of Karl Marx. German philosopher, big beard, wild hair, heavy drinker, even heavier smoker, died of bronchitis and was buried in Highgate Cemetery in London. In the Atheist's corner. Jennifer Nicol Victor is a professor of political science at George Mason University.
