Michael Hudson: The Capitalist Way: Cheat, Lie and Steal

Image by Zach D Roberts via Flickr

with Michael Hudson
Writer, Dandelion Salad
Michael Hudson
May 4, 2017

The Laura Flanders Show on Mar 28, 2017

We’re living in a time of economic babble, where politicians and economists throw out words like “reform,” “privatize,” and “austerity” to prop up corrupt capitalist opportunists. So says our guest this week, economist Michael Hudson, author of J is for Junk Economics.

Plus, a report from Diverse Filmmaker’s Alliance on the Yemeni bodega workers who went on strike in New York to protest the Muslim Ban. And Laura’s F-Word on why Donald Trump’s new budget isn’t about cuts — it’s about conversions. The budget wants to convert public dollars into private funding for military research and spending, for the only government apparatus that never gets audited.

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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:

Imagine: Living in a Socialist USA

Capitalism: The Systematic Poverty and Exploitation of Human Beings by Finian Cunningham

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

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

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

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