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Michael Hudson — The Democrats Role in Distracting with Identity Politics

Summary:
I don’t see how there can be real progress unless the Democratic Party is replaced, at least with the DNC leadership that has turned its politics into demagogy. Its identity politics is based on every identity except being a wage-earner.…Michael Hudson explains how the Democrats abandoned workers, became the party of the rich, and retained a sufficient voter base to be competitive using identity politics. Michael Hudson — On Finance, Real Estate And The Powers Of NeoliberalismThe Democrats Role in Distracting with Identity PoliticsMichael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University

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I don’t see how there can be real progress unless the Democratic Party is replaced, at least with the DNC leadership that has turned its politics into demagogy. Its identity politics is based on every identity except being a wage-earner.…
Michael Hudson explains how the Democrats abandoned workers, became the party of the rich, and retained a sufficient voter base to be competitive using identity politics. 

Michael Hudson — On Finance, Real Estate And The Powers Of Neoliberalism
The Democrats Role in Distracting with Identity Politics
Michael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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