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Americans are done with MAGA. But they’re not quite ready to get behind Democrats.
Michael Hudson
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Michael Hudson
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The Road to Serfdom, Part VII
As economies veer out of balance and polarize, rentiers – who rely on other people's debt to sustain their own wealth – aim to deter economies from doing anything to prevent this widening imbalance.
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The Road to Serfdom, Part VI
Appropriating and expropriating resources is now an autonomous financial dynamic, working more covertly and even in a more democratic political context than military conquest.
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The Road to Serfdom, Part V
In today's bailout economy, bad bank loans are shifted onto the public balance sheet as wealth is siphoned off to the top of the economic pyramid.
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The Road to Serfdom, Part IV
For the first time in history, people imagined that the way to get rich was by running into debt, not by staying out of it.
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The Road to Serfdom, Part III
To understand what made the bubble economy’s credit wave possible, it is necessary to understand how the international financial system was transformed in 1971 when overseas military spending forced the U.S. dollar off gold.
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The Road to Serfdom, Part II
Today’s financial power to set tax policy, make and enforce the law, and disable public regulation reflects the weakness of industrial capitalism in the face of the vested interests that have fought progressive reform since the 1870's.
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The Road to Serfdom, Part I
This is not what was envisioned at the peak of the Industrial Revolution.
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Debtor Nation: The Financial War Against the Economy At Large
The weapon in today's financial warfare is no larger military force, but a tactic to load economies (governments, companies and families) with debt, siphon off their income as debt service, then foreclose when debtors lack the means to pay.
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Green capitalism is proposed as a means to save capitalism, yet it is an existential threat to us all.
To truly challenge Reform, Labour and the British establishment, the Greens will need to harness their increasing membership and work alongside social movements.
In the battle between President Donald Trump’s regime and Minneapolis, Minneapolis is winning.
Regardless of the motive for the boat strikes in the Caribbean, the Sept. 2 strike has sparked bipartisan outrage among members of Congress who have oversight over the Pentagon.
Americans are done with MAGA. But they’re not quite ready to get behind Democrats.
Green capitalism is proposed as a means to save capitalism, yet it is an existential threat to us all.
To truly challenge Reform, Labour and the British establishment, the Greens will need to harness their increasing membership and work alongside social movements.
In the battle between President Donald Trump’s regime and Minneapolis, Minneapolis is winning.
Regardless of the motive for the boat strikes in the Caribbean, the Sept. 2 strike has sparked bipartisan outrage among members of Congress who have oversight over the Pentagon.
In the battle between President Donald Trump’s regime and Minneapolis, Minneapolis is winning.
Posted 1 month 2 weeks ago
To truly challenge Reform, Labour and the British establishment, the Greens will need to harness their increasing membership and work alongside social movements.
Posted 1 month 1 week ago
Green capitalism is proposed as a means to save capitalism, yet it is an existential threat to us all.
Posted 5 hours 23 min ago
Americans are done with MAGA. But they’re not quite ready to get behind Democrats.
Posted 2 hours 50 min ago
