Saturday , August 13 2022
Home / Video / A conversation with Michael Hudson about David Graeber

A conversation with Michael Hudson about David Graeber

As well as being a great researcher and writer, David was a friend to both myself and Michael. Michael can't take part in the memorial activities for David this Sunday, so we recorded this brief conversation about him and his work instead.

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As well as being a great researcher and writer, David was a friend to both myself and Michael. Michael can't take part in the memorial activities for David this Sunday, so we recorded this brief conversation about him and his work instead.
Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.


  1. David will be missed!!! You two should talk to each other more 🙂

  2. This one Gonna be good !

  3. Huge fan of both. How do we find their lecture schedules??

  4. Good tribute fellas

  5. Thanks, guys. Both for your work and the homage to David.

  6. " Erecting Buildings For Whom ? . "
    " 5 B*S Jobs . "
    Professor David Graeber
    " You Tube "

  7. I love the interview format. My two favorite economists, discussing our broken economy from a sane perspective. You don't see this on mainstream media.

  8. 2 of my favourite people, discussing a third. R I P David. Steve, Michael, thanks for making this video. Love to you both.

  9. TheCanMan Can Since 1990

    Good stuff
    My fav people

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  11. If Hudson is so keen to point out the distinction between industrial capitalism and finance capitalism, why not do it properly and re-categorise finance capitalism as not capitalism at all, thereby ending the confusion that was created in order to suppress Georgism? We need to recover an understanding of land and location to the critique of our system.

    • Because in the end their are the people with capital, aka capitalists.

      Even old Marx made the two a sub-set of the whole. With the poignant observation that when a crisis hit, the industrial capitalists really should be siding with their workers against finance. But that this invariably only happened when it was much too late.

    • @digi owl Georgists make a better, much clearer distinction – capital is one thing, and the rent of land is another. The first comes about through work and innovation, the second is siphoned off by the rentier class as it always has been. It used to be called the unearned increment until economists – including Marxist economists – buried the idea by conflating capital and land. Once you (re-)make this distinction – which Hudson is fully aware of – the solution is relatively simple – shift taxes from labour and capital onto land. Location value is one third of the economy.

    • TheCanMan Can Since 1990

      @D Bruce like an income tax or something
      Modern perversions is way to late
      Its only tooken out of skilled work self employed an labour an not single free lunch or debt collector lol

    • @TheCanMan Can Since 1990 Que?

  12. If we are talking about the ability to communicate and book sales … go back to Henry George and Progress and Poverty – that book is as relevant today as ever.

  13. Such a tremendous loss for the academic world fighting for the truth against the myths and falsehoods of mainstream economics. I came to know of David Graeber's work through Yanis Varoufakis, Michel Hudson and Steve Keen and even though I am just a random guy, it deeply saddens me to know that we won't be benefitting anymore from his enormous intellectual contributions and activism to fight against the 1%. David Graeber's insights won't ever be forgotten. –One of the 99% writing here.

  14. Economics seems to be the one "science" that will prove Planck wrong. Likely because unlike physics it does not have a impartial reality to prove the old guard wrong, and far too many that benefit in the short term by sticking to the orthodoxy.

    • so what you're saying is that economics is not a genuine science: seems reasonable. though am unclear what Planck said that may be proved wrong – enlighten us.

  15. (Steve: you may want to redress the volume imbalance, between you and your guest; for next time)

  16. 18:30 a toast (show of emotion appreciated 🙂

  17. 5:34 an indictment of Nobel prize-winners in Economics (like Angus Deaton)

  18. Thanks for sharing ProfSteveKeen. Well worth a listen 🙂

  19. Great tribute to the great man, from great men.. Thank you so much..

  20. What is the point about debt cancellation if the locus of origination of the monetary unit remains in imperialist-like control ahead of and apart from the economic activity as opposed to originating as an after the fact annotation of the economic activity?

    • TheCanMan Can Since 1990

      Restart the process
      It's re shuffling the deck
      Changing the odds slighty
      No one wants to finish the monopoly game once you have all the blue spaces nevermind 3 condos on each an landing there 4 times bankrupts you
      Funny enough it's way to stop Revolution for one thing deeply conservative not radical at all
      Radical is jubilee for the creditors against the debtors that's some liberal 2 week coke binge epic brain fart right there …….
      Capitalists progressives an conservatives alike everyone but lame stream economist monopolist liberterians an rent seekers should have full popular support for it

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