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Michael Hudson: Corporations Are Taking The Money and Running + Transcript

Rich Uncle Pennybags

Image by Sean Davis via Flickr

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

TheRealNews on Aug 4, 2017

Rising stock prices is not an indicator of financial health like Trump would have you believe, specially when you examine who is buying that stock, says economist Michael Hudson, the author of Killing the Host: How Financial Parasites and Debt Destroy the Global Economy.

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:

Chris Hedges: Corporate Crimes

The Democratic Party Stands for the Socio-pathological System of Class Rule Called Capitalism by Paul Street

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

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

Vanishing the People’s Wealth to Make the Bosses Richer by Ralph Nader

Michael Hudson: Corporate Buybacks Behind the Market Crash