Michael Hudson

As published on Journal du MAUSS INTRODUCTION:Désordre définitionnel du social et vocabulaire de la tromperie « Il est certain qu’en dernière analyse une langue doit son déclin à des causes politiques et économiques. (…) Elle devient laide et imprécise parce que notre pensée est stupide, mais ce relâchement constitue à son tour une puissante incitation à penser stupidement. Pourtant ce processus n’est pas irréversible. (…) Si l’on se débarrasse des mauvaises habitudes, on...

As published on Inequality.org Societies have tended to polarize between creditors and debtors since ancient times, but this tendency can and must be reversed. NOVEMBER 21, 2018 Today, the wealthy depict inequality in glowing colors as a byproduct of economies pulling ahead, “creating wealth” by innovations that add to prosperity. This view is unprecedented in history. From antiquity to quite recently, personal accumulation of large amounts of wealth was frowned upon,...

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A Review of Michael Hudson’s new book…. and Forgive Them Their Debts As published on Naked Capitalism by John Siman To say that Michael Hudson’s new book And Forgive Them Their Debts: Lending, Foreclosure, and Redemption from Bronze Age Finance to the Jubilee Year (ISLET 2018) is profound is an understatement on the order of saying that the Mariana Trench is deep. To grasp his central argument is so alien to our modern way of thinking about civilization and barbarism that...

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An interview with one of the best in the business, Bonnie Faulkner (Guns and Butter). 2018 marks the 10th anniversary of the stock market crash of 2008; the current financial malaise is the result of the bank bailouts, not the crash; an over-indebted economy cannot be saved unless the banks fail; debt deflation; the magic of compound interest; how pension funds, state and local governments adversely affected by the bank bailouts; growth of the financial extraction FIRE...

Professor Michael Hudson discusses the globalisation fallout as new trading blocs distance themselves from US dollar denominated trade. Will the US be able to maintain its imperialist tendencies in light of these trends? How much further can the rentiers push their free-for-all? The show finishes with an overview of Michael’s new book ‘And forgive them our debts’. Show notes and subscribe.

Scenes from the Spider's Web | Michael Hudson Your access to this site has been limited Your access to this service has been temporarily limited. Please try again in a few minutes. (HTTP response code 503) Reason: Exceeded the maximum global requests per minute for crawlers or humans. If you are a WordPress user with administrative privileges on this site please enter your email in the box below and click "Send". You will then receive an email that helps you regain access. Click...

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The Lehman 10th Anniversary spin as a Teachable Moment | Michael Hudson Your access to this site has been limited Your access to this service has been temporarily limited. Please try again in a few minutes. (HTTP response code 503) Reason: Exceeded the maximum global requests per minute for crawlers or humans. If you are a WordPress user with administrative privileges on this site please enter your email in the box below and click "Send". You will then receive an email that helps...