Michael Hudson: Financialization and Deindustrialization

kill capitalism

Image by doubichlou14 via Flickr

by Michael Hudson
Writer, Dandelion Salad
November 10, 2020

theAnalysis-news on Nov 2, 2020

Trump’s economic policies have not addressed the fundamental forces that have gutted industrial jobs under the administrations of both parties, says economist Michael Hudson on theAnalysis.news podcast with Paul Jay.

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 …and forgive them their debts (2018), 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 Michael Hudson, mh@michael-hudson.com.

From the archives:

Don’t Let Up: Fascism Isn’t Dead Yet, by Pete Dolack

The Promise of a Shiny “Great Reset” Masks Our Terrifying Future + The 2020 Election: The Latest Step in the Loss of U.S. Stability, by Rainer Shea

Michael Hudson and Steve Keen: Permanent Inequality?

The Dollar Crash Of 2021: The Next Step In Capitalist Collapse + 2020 Will End With The U.S. Moving Much Closer To Dictatorship, by Rainer Shea

Capitalism is the Real Disease, by Finian Cunningham + Richard Wolff: COVID-19 and the End of Capitalism

Chris Hedges: American Empire Collapse: It’s About To Get Much Worse

How a Pandemic is Destroying the West, by Michael Hudson

Chris Hedges and Richard D. Wolff: The Sickness is the System—When Capitalism Fails to Save Us from Pandemics or Itself

Late-Stage Capitalism Deprives Us Of Meaning + The Capitalist Class Is Bringing America Towards Fascism, by Rainer Shea

BlackRock’s Rise Shows the Dark Direction of Monopoly Capitalism, by Rainer Shea

Trump Wants to Cut Off China in Guilt-Projection Meltdown, by Finian Cunningham