Michael Hudson: The Rentier Economy is a Free Lunch

Image by AK Rockefeller via Flickr

by Michael Hudson
Writer, Dandelion Salad
November 15, 2022

Real Progressives on Nov 5, 2022

Real Progressives hosts a webinar with economist Michael Hudson in an intimate discussion of his book The Destiny of Civilization: Finance Capitalism, Industrial Capitalism or Socialism.

The world economy is fracturing into two powerful groups of nations, with very different philosophies and objectives. Hudson answers our questions about the repercussions.

Transcript

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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 A Philosophy for a Fair Society (2022), The Destiny of Civilization (2022), …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 & 3rd Edition 2021), Trade, Development and Foreign Debt: A History of Theories of Polarization v. Convergence in the World Economy (1992 & 2009) and The Myth of Aid (1971), amongst many others. He can be reached via his website Michael Hudson, mh@michael-hudson.com. Originally published Nov. 8, 2022.

From the archives:

Michael Hudson: The World Bank Has Always Been An Arm Of The U.S Military

Michael Hudson and Ralph Nader: The Federal Reserve, Quantitative Easing, and Who Runs the US Treasury

Michael Hudson and Ralph Nader: The Real Purpose of The Federal Reserve

Michael Hudson: A Short History of Inflation in Modern Times

Michael Hudson: The Nature of Financialization and Neoliberalism, Interviewed by Eric Draitser

American Diplomacy as a Tragic Drama, by Michael Hudson

Michael Hudson: Finance Capitalism’s Self-Destructive Nature