If We Don’t Solve The Problem Of Economic Polarization, We’re Going To Go Into Another Dark Age by Michael Hudson

cancel the debt

Image by Friends of the Earth International via Flickr

by Michael Hudson
Writer, Dandelion Salad
Michael Hudson
January 27, 2017

Speech to Kairos group, Union, Columbia
[Edited version for clarification, January 23, 2017]

The focus of my talk today will be Jesus’ first sermon and the long background behind it that helps explain what he was talking about and what he sought to bring about. I’ve been associated with Harvard University’s Peabody Museum for over thirty years in Babylonian economic archeology. And for more than twenty years I’ve headed a group out of Harvard, the International Scholars Conference on Ancient Near Eastern Economies (ISCANEE), writing a new economic history of the ancient Near East.

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Michael Hudson: Inequality = Privatization of the Earth

with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
January 27, 2015

inequality = conflict patch

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CrossTalk: Wealth Abyss

RT on Jan 26, 2015

One percent already has half the world’s wealth under its thumb and at this rate is set to accumulate even more. As much of the world slowly recovers from severe recession, the rich are prospering and greatly so. Is the global system rigged to their advantage? CrossTalking with Max Lawson, Richard Wellings and Michael Hudson.

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S for Saint Simon by Michael Hudson

by Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
August 4, 2014

letter S

Image by Leo Reynolds via Flickr

Part S in the .

S-curve: The typical shape of growth in nature, such as human beings whose height tapers off as they reach maturity. They also typify most business cycles, which taper off after an upswing as employment, raw-materials and resource limits are approached and wages and commodity prices rise, slowing profits. The demand for specific products likewise tapers off as markets become saturated. Meanwhile, the fact that financial claims and debts tend to grow at compound interest means that financial dynamics tend to outrun the S-curve of production and consumption, creating business crises which end the upswing. Continue reading

Chris Hedges: The New Global Neo-feudalism Society (Q&A)

Dandelion Salad

with Chris Hedges

Capitalism Isn't Working

Image by Andy Roberts via Flickr

LeighaCohen on Apr 10, 2014

The Q&A questions included: The difficulties in US media to gain funding for progressive films and the films present distribution especially in US Prisons, the history of how the US became the leading country in the world in mass incarceration, the US two tier legal system and society, how the US Democratic system is broken, the decrease and destruction of traditional progressive organizations movements in the US, a blistering attack by Chris Hedges of the Clinton Presidency, how the drug war has had severe negative consequences within the US and also in Mexico and South America, the creation of what Chris Hedges calls a new global neo-feudalism society and the need for the re-creation of progressive mass movements for social change.

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Michael Hudson: Neoliberalism Is Really Neofeudalism, It’s a Dismantling of Democracy

by Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
February 17, 2014

Anti-Austerity Protest In Dublin (Ireland) - 24 November 2012

Image by infomatique via Flickr

TheMeltingPress on Feb 15, 2014

This is the first episode of our new “Alternative Voices” interview series, where we talk to people who give us a different perspective on all manner of topics.

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Michael Hudson: Trade Advantage Replaced by Rent Extraction

Capitalism Isn't Working

Image by AndyRobertsPhotos via Flickr

by Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
December 17, 2013

I was interviewed on the Renegade Economists radio/ podcast entitled Crony Competition on the road to Unearned Income: Prof Michael Hudson gives a wrap on the economics of 2013 as we discuss Detroit, Iceland, Madoff, Marx and Blackstone Capital.

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Michael Hudson: QE, Neofeudalism and Privatization — The End of Consumer Choice

capitalism is the crisis

Image by Alex Cameron via Flickr

by Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
October 20, 2013

In Extraenvironmentalist #67 we discuss the implications of the bursting global credit bubble with economist and historian Michael Hudson. Our conversation covers many of the themes in Hudson’s new book, The Bubble and Beyond which covers the process of quantitative easing, neofeudalism and more.

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Michael Hudson: Game Over for Our Post-Feudalistic Economy

It's Capitalism.

Image by eyewashdesign: A. Golden via Flickr

with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
July 21, 2013

CapitalWatch on Jul 20, 2013

Here’s what’s in your Prime Interest today:

Insolvent! That would be Detroit, which gave us the Supremes and the vehicles that fueled our happy motoring paradise for decades. Unfortunately, after years of decline, the Motor City finally filed for bankruptcy protection yesterday — a move that was not entirely unexpected. That’s right — $18 billion in liabilities is at stake — a record for the US. Is this the first domino that might just validate Meredity Whitney’s 2011 prediction of a wave of muni defaults? Continue reading

Obama Wins For Whom? by Michael Hudson

by Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
As published in Counterpunch
November 9, 2012

16/365

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The Democrats could not have won so handily without the Citizens United ruling. That is what enabled the Koch Brothers to spend their billions to support right-wing candidates that barked and growled like sheep dogs to give voters little civilized option but to vote for “the lesser evil.” This will be President Obama’s epitaph for future historians. Orchestrating the election like a World Wrestling Federation melodrama, the Tea Party’s sponsors threw billions of dollars into the campaign to cast the President’s party in the role of “good cop” against stereotyped opponents attacking women’s rights, Hispanics and nearly every other hyphenated-American interest group.

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Financial Conquest or Clean State? by Michael Hudson

by Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
September 26, 2012

This is an edited and expanded transcript from a live phone interview by Dimitris Yannopoulos for Athens News, September 2012.

Dimitris Yannopoulos: As an academic with a strong grounding in economic history as well as banking and a Clean Slate, professor Michael Hudson has built his own school of thought – distanced from both Keynesians and neoliberals – with regard to the stark options facing a contemporary Western world drowning in unsustainable debts of governments and households at the mercy of global banks and financiers.

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Keiser Report: Michael Hudson: Austerity, Debt and Fraudulent Conveyance

with Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
April 24, 2012

tax_rich&corps

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Apr 24, 2012 by

In this episode, Max Keiser and co-host, Stacy Herbert discuss debt piles and thin dimes. They also discuss Christine Lagarde begging for money outside Penn Station while insider trading bankers ‘charitably’ talk to beggars at Grand Central. In the second half of the show Max talks to economist Michael Hudson about the austerity, debt and fraudulent conveyance.

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Occupy Wall Street: Populist Financiers Supporting Protesters Is Part of the Problem, Not the Solution by Finian Cunningham

by Finian Cunningham
Featured Writer
Dandelion Salad
East Africa
15 October 2011

[Note: revised by the author and replaced text Oct. 17, 2011]

Occupy Wall Street Day 20

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The Occupy Wall Street movement sweeping across the US faces a tricky dilemma, the outcome of which will determine its historic impact. Up to now, part of the movement’s strength derives from its diffuse, eclectic spread of voices. That enigma makes it hard to define and confront from the authorities’ point of view. However, sooner or later the campaign will have to set out its own agenda by defining demands and aims. Otherwise, it runs the risk of running out of the admirable popular momentum that it has thus far generated; also, such a vacuum allows others who do not share the ultimate concerns of the grassroots to define the direction of the movement – a direction that most likely will lead to a safe, blind alley – again from the authorities’ point of view. Continue reading

Keiser Report: Michael Hudson: IMF Assassins to destroy Greek economy

Dandelion Salad

GREEKS PROTEST AUSTERITY CUTS

Image by PIAZZA del POPOLO via Flickr

 on Jul 7, 2011

This week Max Keiser and co-host, Stacy Herbert, report on selling Greece’s sovereignty and Spain’s El Gordo. In the second half of the show, Max talks to economist Michael Hudson about the IMF assassins sent in to destroy the Greek economy.

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The Financial Road to Serfdom by Michael Hudson

Dandelion Salad

by Prof. Michael Hudson
Global Research
June 13, 2011

GREEKS PROTEST AUSTERITY CUTS

Image by PIAZZA del POPOLO via Flickr

Financial strategists do not intend to let today’s debt crisis go to waste. Foreclosure time has arrived. That means revolution – or more accurately, a counter-revolution to roll back the 20th century’s gains made by social democracy: pensions and social security, public health care and other infrastructure providing essential services at subsidized prices or for free. The basic model follows the former Soviet Union’s post-1991 neoliberal reforms: privatization of public enterprises, a high flat tax on labor but only nominal taxes on real estate and finance, and deregulation of the economy’s prices, working conditions and credit terms.

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Michael Hudson: Why Government is More Afraid of Debt than Depression

https://dandelionsalad.wordpress.com/

TheRealNews | December 16, 2010

Michael Hudson: Deficit Hawks Want a One Two Punch Against the Economy.

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