Break Up the Democratic Party?

by Michael Hudson edited by O Society September 16, 2019 Thursday’s debate on Walt Disney’s ABC channel shaped up as yet another shameless charade. The pretense is we are to select who the Democratic presidential candidate will be. But most Americans, as the Irish say, vote with their backsides, belonging to the informal but dominant … Continue reading Break Up the Democratic Party?

De-Dollarizing the American Financial Empire: IMF and World Bank are Partners in Backwardness

Bonnie Faulkner interviews Michael Hudson edited by O Society July 8, 2019 “The purpose of a military conquest is to take control of foreign economies, to take control of their land and impose tribute. The genius of the World Bank was to recognize that it’s not necessary to occupy a country in order to impose … Continue reading De-Dollarizing the American Financial Empire: IMF and World Bank are Partners in Backwardness

The Delphic Oracle Was Their Davos

John Siman interviews Michael Hudson Naked Capitalism edited O Society April 8, 2019 TABLE OF CONTENTS Part 1: The Collapse of Antiquity Part 2: Mixed Economies Today, Compared to Those of Antiquity Part 3: The Inherent Financial Instability in Western Civilization’s DNA Part 4: A New “Reality Economics” Curriculum is Needed Yves here. Classicist John … Continue reading The Delphic Oracle Was Their Davos

A History of Neoliberalism: Chris Hedges, David Harvey, and Michael Hudson

You can download and read the book A Brief History of Neoliberalism here as a PDF. Below is a series of videos by the books' author as a primer on the most important topic of our age, which practically no one has heard of nor understands: Neoliberalism https://youtu.be/D-YO5EROH-I ON CONTACT: A History of Neoliberalism, Part I … Continue reading A History of Neoliberalism: Chris Hedges, David Harvey, and Michael Hudson

The Vocabulary of Economic Deception

The whole focus of classical economics is to tax wealth, not income, and obviously, the tax burden was going to fall on the wealthy, on the landlords first and foremost, then on the bankers, and then on the monopolists. That was what socialism was, the idea of creating an economy with a circular flow, the … Continue reading The Vocabulary of Economic Deception