Tag Archives: privatization

Resisting Financial Conquest by Michael Hudson + US Hedge Funds Get Bailed Out if Greeks Pass Bailout Referendum

by Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
As published on Counterpunch
June 30, 2015

Barry

Image by cool revolution via Flickr

Back in January upon coming into office, Syriza probably could not have won a referendum on whether to pay or not to pay. It didn’t have a full parliamentary majority, and had to rely on a nationalist party for Tsipras to become prime minister. (That party balked at cutting back Greek military spending, which was 3% of GDP, and which the troika had helpfully urged to be cut back in order to balance the government’s budget.)

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Michael Hudson: Institutional Discontent

3D

Image by M4D GROUP via Flickr

with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
March 22, 2015

TheRealNews on Mar 21, 2015

Economist Michael Hudson says China’s new international bank will be exempt from a US-veto, empowering other countries to lead development and perhaps challenge the use of the dollar as the currency of global capital.

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Michael Hudson: QE Intentions All Too Obvious + Kleptocrats who run Ukraine economy will grab IMF cash & run

EU Austerity Albatross

Image by DonkeyHotey via Flickr

with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
March 11, 2015

TheRealNews on Mar 10, 2015

Michael Hudson says quantitative easing is a pretext to assist banks make even more profits

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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

Image by craftivist collective via Flickr

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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Chris Hedges: Prison State America: Corporations Use Inmates Like Slaves

America - We're Number One!

Image by DonkeyHotey via Flickr

Dandelion Salad

with Chris Hedges

RT America on Jan 14, 2015

For-profit prisons have created a “neo-slavery” in the US, according to award-winning journalist Chris Hedges. Inmates work eight hours per day for major corporations such as Chevron, Motorola, Nordstrom’s and Target, yet only have the possibility of making up [to] $1.25 an hour. In addition, companies that provide services like phone calls overcharge prisoners on even the most basic services, making hundreds of millions in profits annually. RT’s Ben Swann speaks to Hedges, who explains how this shadowy system came into existence.

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Big Fish, Little Fish by Michael Hudson

by Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
January 11, 2015

Re-think Capitalism

Image by Steve Rhodes via Flickr

US 2015 budget anti pension law, January 2, 2015.

On the Senate’s last day in session in December, it approved the government’s $1.1 trillion budget for coming fiscal year.

Few people realize how radical the new U.S. budget law was. Budget laws are supposed to decide simply what to fund and what to cut. A budget is not supposed to make new law, or to rewrite the law. But that is what happened, and it was radical.

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Chris Hedges: How Prisons Ripoff and Exploit the Incarcerated, Part 1

Rally against private prisons at 2012 United Methodist General Conference

Image by UMWomen via Flickr

Dandelion Salad

with Chris Hedges

TheRealNews on Jan 5, 2015

Eddie Conway and Pulitzer Prize-winning journalist Chris Hedges discuss the forms of slavery and exploitation thriving in today’s U.S. prison system.

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Michael Hudson: Pensions of Union Workers Cut in Federal Budget

Pensions-demo-_8195a-sm

Image by Julian Stallabrass via Flickr

with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
January 5, 2015

TheRealNews on Jan 5, 2015

UMKC Economics Professor Michael Hudson discusses how Wall Street will profit as workers’ pensions get slashed.

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The Koch Brothers’ Governors by Jeffery Sommers and Michael Hudson

by Jeffery Sommers and Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
December 12, 2014

IMG_2564.1.web

Image by Peg Hunter via Flickr

Butlers Selling the Public’s Silver…. A Dress Rehearsal for Hillary?

The Koch Brothers are the closest thing the United States has to Russia’s oligarchs. They fuse ownership of the economy and state, using the latter to enrich themselves while making private gains through the public’s losses. Their idea of a “market economy” is to buy government officials and the assets they privatize at giveaway prices. Continue reading

Michael Hudson: West Looks to Carve Up Ukraine and Privatize Industries Held By Kleptocrats

with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
April 9, 2014

TheRealNews on Apr 8, 2014

Michael Hudson: The financial grab for Ukraine industries is simply war by another name, as other Eastern Europe countries have experienced similar fates.

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Chris Hedges and Eugene Jarecki: The Failed War on Drugs and Its Many Impacts on US Society

Stop Mass Incarceration

Image by Neon Tommy via Flickr

Dandelion Salad

with Chris Hedges

LeighaCohen on Apr 7, 2014 Continue reading

P is for Ponzi by Michael Hudson

by Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
April 3, 2014

letter P

Image by LEOL30 via Flickr

Part P in the .

Panic: The abrupt culminating stage of the business cycle, in which inflated asset prices collapse in price as financial securities and properties are sold to pay off debts.

Parallel Universe: The objective of modern economic methodology. A hypothetical exercise in science fiction depicting a world that conceivably could exist, given a sufficient number of internally consistent assumptions. (See Neoclassical Economics.) Continue reading

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: 95% Income Growth Goes to the 1%

Anti Capitalism

Image by KeizerStreetArt via Flickr

by Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
January 16, 2014

Boom Bust on Jan 15, 2014

Michael Hudson, a professor of Economics at the University of Missouri, Kansas City, is a sharp critic of what he considers the “rent seeking” behavior which has come to dominate the world of global finance. Once upon a time, governments regularly expunged debts to prevent the crises and turmoil that overindebtedness caused. But then came the Romans. For the Romans, “a debt was a debt was a debt”. Continue reading

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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