• Categories

  • The Golden Rule

    “That which is hateful to you do not do to another ... the rest (of the Torah) is all commentary, now go study.”

    - Rabbi Hillel
  • Enter your email address to follow this blog and receive notifications of new posts by email. Remember to click "manage" to set your preferences, such as daily or immediate and the time of delivery.

  • Subscribe Via Email

  • Note on Older Videos

    Videos posted between 2008 and 2011 are not showing up because the coding used to embed the videos no longer work. Lockerz (who bought Vodpod) has shut down. If anyone has the time to look up the coding (youtube url) and put that link in the comment section of the post, I'd appreciate it. Thanks for understanding. More info: Note on Older Videos Posted on Dandelion Salad by Lo
  • Lists of posts and videos

    Dandelion Salad Videos

    Dandelion Salad Posts

    Don’t Enlist, But Don’t Just Take My Word For It by Lo
    Please pass this on to anyone you know who may be considering enlisting as a soldier (mercenary).

  • Amendment I

    Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances.
  • Disclaimer:

    The views and/or opinions posted on all the blog posts and in the comment sections are of their respective authors, not necessarily those of Dandelion Salad.

    All content has been used with permission from the copyright owners, who reserve all rights, and that for uses outside of fair use (an excerpt), permission must be obtained from the respective copyright owner.

  • Member of The Internet Defense League

  • The Internet is Under Attack

  • US Deaths in Afghanistan: Obama vs Bush. Click here to learn more.

Michael Hudson: The Financial Barbarians at the Gate (must-listen)

Dandelion Salad

ICH
Bonnie Faulkner
Guns and Butter
KPFA
April 15, 2009

Guns & Butter Interviews financial economist and historian, Dr. Michael Hudson.

“The Financial Barbarians at the Gate” with financial economist and historian, Dr. Michael Hudson. Europe; worsening financial situation and indebtedness; the history of banking and the criminalization of the banking system; tax policy; real estate asset inflation; US imperialism via the monetary system; neoliberal/neofeudal economics; classical political economy; finance capital breaking away from industrial capital; the financial crisis leading to a political crisis; similarities with the Roman Republic; what measures labor should take.

http://archives.kpfa.org/data/20090415-Wed1300.mp3

see

Financial Crisis: Sustaining Unsustainability by Prof. Michael Hudson

Obama’s New World Order – Michael Hudson’s analysis of the financial crisis by Stephen Lendman

Michael Hudson and John Perkins Interviews on Iceland (must-see)

The Financial War Against Iceland by Prof Michael Hudson

About these ads

12 Responses

  1. [...] Michael Hudson: The Financial Barbarians at the Gate (must-listen) [...]

  2. [...] Michael Hudson: The Financial Barbarians at the Gate (must-listen) [...]

  3. [...] Michael Hudson: The Financial Barbarians at the Gate (must-listen) [...]

  4. [...] Michael Hudson: The Financial Barbarians at the Gate (must-listen) [...]

  5. from your link:

    http://www.kpfa.org/archive/id/50059

    Here is a rather lucky hapupon RB:

    “Hudson misrepresents Marx’s theory regarding the

    falling rate of profit. It is in fact based on his

    labour theory of value. It argues that fresh labour

    — not the congealed labour represented by the

    capital equipment and raw material on which it

    works — is the sole intrinsic source of profit in

    any productive process, and that the capital and

    raw material used in the productive process in

    themselves yield no profit at all, but merely

    replace their costs. Thus, the increasing

    productivity of labour, i.e. the reduced proportion

    of fresh labour used relative to the increased

    proportion of capital and raw material worked on,

    necessarily leads to a fall in the general rate of

    profit, even though individual capitalists increase

    their short-term rates of profit every time they

    increase their level of technological development

    relative to their competitors.”

    the brillance of rowan’s remark is reduced

    considerably by its misplacedness. In his urge to

    hit all the major hitters on symbolshuffleland he

    quite often dispenses with ‘on topicality’.

    This is no complaint but ….. oh .. alrite …. i

    will just critique the first part of a sound but

    runon sentence (nobody has time or if so will show

    appreciation any lifetime soon for that, i found

    out the hard way):

    “Thus, the increasing productivity of labour, i.e.

    the reduced proportion of fresh labour used

    relative to the increased proportion of capital

    ….”

    first of all this is an inversion of the argHument

    Hudson Has a Habit of Harping on (land should be

    taxed not labour) and second: the whole outlook

    this pilf is leakage from is the runaway

    demographic that says ‘Lessee what will still

    breed in captivity’. Harnessage, duh dark side of a

    good age. Stupid design (let alone use) of

    hardware.

    No proliferation factor can match that of 1 rock :

    multitudustree .. .dat why I say study these and

    all will be well:
    Ulrich von Beckerath
    poetpiet
    Andrew Lehman

  6. [...] Michael Hudson: The Financial Barbarians at the Gate (must-listen) [...]

  7. [...] Michael Hudson: The Financial Barbarians at the Gate (must-listen) [...]

  8. [...] Michael Hudson: The Financial Barbarians at the Gate (must-listen) [...]

  9. [...] Michael Hudson: The Financial Barbarians at the Gate [...]

Please add to the conversation.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s