Tag Archives: Books

[unable to retrieve full-text content]In this work he totally demolishes the myth that money developed from a need to simplify barter transactions. Instead, money developed as a complement to credit/debt relationships ... The post Temples of Enterprise first appeared on Michael Hudson.

[unable to retrieve full-text content]The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point Available on Amazon The Collapse of Antiquity, the sequel to Michael Hudson’s “…and forgive them their debts,” is the latest in his trilogy on the history of debt. It describes how the dynamics of interest-bearing debt led to the rise of rentier oligarchies Continue Reading The post The Collapse of Antiquity – release first...

Pepe Escobar REVIEW of DESTINY In his latest book, economist Michael Hudson pits socialism against finance capitalism and tears apart the ‘dream civilization’ imposed by the 1 percent. By Pepe Escobar, posted with the author’s permission and cross-posted with The Cradle Michael Hudson’s new book on the world’s urgent global economic re-set is sure to ruffle some Atlanticist feathers. With The Destiny of Civilization: Finance Capitalism, Industrial Capitalism or Socialism,...

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Economic Sanctions: A Weapon out of Control? By Robert Skidelsky  Centre For Global Studies, April 2022 Copyright: Centre for Global Studies.  The Centre for Global Studies is a London-based think-tank that aims to improve public understanding of economics and global policy. The Centre is a registered charity and a company limited by guarantee. It is independent of any political party or group and is financed by voluntary donations and the sale of publications. Contact:...

“The decline of the West is not necessary or historically inevitable. It is the result of choosing policies dictated by its rentier interests. … The threat posed to society by rentier interests is the great challenge of every nation today: whether its government can restrict the dynamics of finance capitalism and prevent an oligarchy from dominating the state and enriching itself by imposing austerity on labor and industry. So far, the West has not risen to this...

If you’ve enjoyed the posts, the links, and the advice columns over the years, I have a request. Those of you who have gotten my book Why We Fight: Reviews are extremely helpful for sales and marketing. Please consider writing one, or even leaving a starred rating without a formal review. The most helpful thing is to post both on the site you bought the book and on Goodreads. After Goodreads, here are links to the book on Amazon US, Amazon UK, Amazon Canada, and other booksellers with links...

Putin-centered approaches to Russian politics also assume that President Putin can easily turn his preferences into policy outcomes. To be sure, Putin is the central node in Russian politics, has faced no serious political challenger since returning to the presidency in 2012, and can often pass legislation with few amendments in Parliament, but he also confronts the physical limits of ruling Russia and challenge of governing a modern society. He must rely on close advisers who in turn...

Putin-centered approaches to Russian politics also assume that President Putin can easily turn his preferences into policy outcomes. To be sure, Putin is the central node in Russian politics, has faced no serious political challenger since returning to the presidency in 2012, and can often pass legislation with few amendments in Parliament, but he also confronts the physical limits of ruling Russia and challenge of governing a modern society. He must rely on close advisers who in turn...

One day I showed my father a copy of some tattoos from the ‘Crosses’ (solitary confinement cells), where I worked as a supervisor, and he said to me, ‘My son, collect the tattoos, the convicts’ customs, their anti-social drawings, or it will all go to the grave with them.’ He taught me the methodology for documenting prison folklore and how to encode material, which was essential to the dangerous undertaking. For thirty-three years I, a ward of a home for children of ‘enemies of the...