Michael Hudson: Running a Government Like a Business Means Dismantling Government

Rich Uncle Pennybags

Image by Sean Davis via Flickr

with Michael Hudson
Writer, Dandelion Salad
Michael Hudson
April 7, 2017

TheRealNews on Apr 7, 2017

Trump and Kushner say that the government should be run like a business, but that would mean eliminating regulations and expenses that benefit the people says Michael Hudson.

Transcript


Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of J is for Junk Economics (2017), Killing the Host (2015), The Bubble and Beyond (2012), Super Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt: A History of Theories of Polarization v. Convergence in the World Economy (1992 & 2009) and of The Myth of Aid (1971), amongst many others.  He can be reached via his website, mh@michael-hudson.com.

from the archives:

Federated Governments: The Nation Versus The State, Part 2 by Arthur D. Robbins

Let Trump Golf, Let the Public Draft the Budget by David Swanson

How Bankers Became the Top Exploiters of the Economy by Michael Hudson

Trump is Obama’s Legacy. Will this Break up the Democratic Party? by Michael Hudson

“Making America Great” at Americans’ Expense by Ralph Nader + 2 Video Reports

Michael Hudson: The Orwellian Double-Think That Is Used To Confuse People And Make Them Think That Poverty Is Wealth (Parts 1-5)

Corporate Plunder–The Bait and Switch of Public-Private Partnerships by Pete Dolack

5 thoughts on “Michael Hudson: Running a Government Like a Business Means Dismantling Government

  1. Pingback: Will the Federal Civil Service Defend Us? by Ralph Nader – Dandelion Salad

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  3. Pingback: Trump’s Hundred Days of Rage and Rapacity by Ralph Nader – Dandelion Salad

  4. Quite obviously it comes down to letting dishonesty run rampant. Dishonesty flows in many an American vein. Government of the rich, by the rich, for the rich. So much for draining the swamp.

  5. “Does it make sense to run government like a business? The short answer is no. Bear in mind, first, that “efficiency” in the private sector means profit. Hence, to ask that the government be run like a business is tantamount to asking that the government turn a profit.

    The problem in a nutshell, is that not everything that is profitable is of social value and not everything of social value is profitable.”

    http://www.forbes.com/sites/johntharvey/2012/10/05/government-vs-business/

    We don’t realize how large the Pentagon has grown over the years. There are now 4 more buildings the size of the original building filled with thousands of employees who’ve grown very dependent on their lucrative salaries well into the foreseeable future.

    Rosa Brooks’ book, How Everything Became War and the Military Became Everything, shows how far the neoliberals have gotten with morphing the whole governmental structure into primarily a military and police force while they continue to dismantle and privatize the rest of it. https://www.youtube.com/watch?v=rd04pXYAIoY

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