Tag Archives: Interviews

[embedded content] Ibrahima: Good morning or good evening, depending on where you are located and welcome to the Henry George School. My name is Ibrahima Drame and I’m the director of education. It’s a great honor to have you with us today for another joint webinar co-organized with the International Union for Land Value Taxation with two great thinkers, Professor Michael Hudson and Pepe Escobar to discuss the emerging economic world order. I ‘d like to thank Michael and...

Vrettos 2021The Radical Imagination episode February 10, 2021 [embedded content] Vrettos: 1.  We’re waiting to see how the rhetoric of the new Biden administration will play out in actual policies. Hudson: Biden’s long political career has been right-wing. He’s the senator from Delaware, the country’s most pro-corporate state – which is why most U.S. corporations are incorporated there. As such, he represents the banking and credit-card industry. He sponsored the regressive...

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Michael Hudson and Pepe Escobar discuss rent and rent-seeking, i.e., unproductive economic activity, in the US and China mainly but including the Russian, Iranian and Brazilian economies. In the first 15 minutes, an overview from Michael Hudson explains what happened in the US economy once jobs and manufacturing were offshored to mainly China.  He proposes that even if China did not exist, the US economy has been changed to the extent that it is almost impossible to change...

DEC 4, 2020Is it time for a debt jubilee? Steve Keen and Michael Hudson have both been arguing for a debt jubilee for some time. Now, as COVID-19 hits the poorest hardest, and leaves those with money better off than before, is this the right time to write off debt? Can the economy recover without it? After all, its stagnated since the 2008 global financial crisis. If you were to have a debt jubilee, how would you do it. Steve and Michael have different ideas about how it...

[unable to retrieve full-text content]An interview with Paul Jay. Photo by Jon Tyson on Unsplash The post 2020 Election Review first appeared on Michael Hudson.

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[unable to retrieve full-text content]In discussion alongside Steve Keen – always enlightening. Photo by Sigrid Wu on Unsplash The post Capitalism's Charade Continues first appeared on Michael Hudson.

Grumbine 2020`Macro N Cheese – Episode 88 Michael Hudson  (00:02):The money that you pay for debt service to a bank isn’t spent back into the economy. The bank bond holders are basically the 1% of the economy. They’re rich enough that they’re not going to take all this extra money they get to buy more goods and services. They’ll buy shitty trophy art, Andy Warhol junk. Who is the dumbest economic Nobel Prize winner? [Paul Krugman?] Paul Krugman. That’s right. He was given a...

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