by I can listen to Michael Hudson for hours, and here he presents some complex issues in a very clear, interesting, and entertaining way that holds your attention. Michael Hudson says that America's economy is more centrally planned than China's, but unlike China, the central planning is terrible. Their plan is to deindustrialise and then financialise the economy. Their aim is rent extraction, that is, to obtain a free lunch. The American elite have corrupted the Washington, but in China the government is still works for the benefit of everyone and the country as a whole. Part 1[embedded content]https://youtu.be/4THv2qQjLhcPart 2[embedded content]https://youtu.be/QAmZXtJfkQU
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Matias Vernengo writes Milei’s Psycho Shock Therapy
Bill Haskell writes Population Growth Outcomes
Robert Vienneau writes Books After Marx
Joel Eissenberg writes Undocumented labor: solutions, not scapegoating
I can listen to Michael Hudson for hours, and here he presents some complex issues in a very clear, interesting, and entertaining way that holds your attention.
Michael Hudson says that America's economy is more centrally planned than China's, but unlike China, the central planning is terrible. Their plan is to deindustrialise and then financialise the economy. Their aim is rent extraction, that is, to obtain a free lunch.
The American elite have corrupted the Washington, but in China the government is still works for the benefit of everyone and the country as a whole.
Part 1
Part 2