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Tag Archives: Michael Hudson
Washington Generals (Part 2)
How can the Democratic Party effectively oppose Trump and get back into power after they’ve lost over a thousand seats nation-wide since 2008? Oh, I know. Maybe former Vice-President Joe Biden, a Democrat, can show up at a swanky Deer … Continue reading
N is for Neofeudalism
Everything that was old is new again. Take feudalism, it’s making a comeback. The US economy is trending towards wage bondage and economic polarization, with an all-American debt peonage that I’ve come to call neofeudalism. Heterodox economist Michael Hudson explains how … Continue reading
Posted in neoconservatives, neofeudalism, neoliberals
Tagged A Brief History of Neoliberalism, austerity, bankers, bankers in orange jumpsuits, banksters, bondholders, debt, debt serfdom, dystopian, financialization, J is For Junk Economics, Michael Hudson, Middle-Ages, neo-feudalism, neoliberalism, privatization, science fiction, serfs, serfs up, starving the beast
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Evil Is Easy (Part 2)
Wall Street, the too-big-to-fail-banks, and the financial industry control our lives for the worse. How did this come to pass? From the New Deal up until the 80’s finance was heavily regulated, staid, boring even. Finance was also a … Continue reading
Planned economy
The election of Donald Trump has caused an outpouring of grief and many commentators are convinced that the end of the world is nigh. However, Trump didn’t get us to this place, he was just a savvy opportunist who … Continue reading
Posted in neoconservatives, neoliberals
Tagged Allen Greenspan, Bernie Sanders, Chicago Boys, classic economics, deep state, DNC, Donald Trump, economic planning, federal reserve, financialization, Hillary Clinton, Janet Yellen, Michael Hudson, neoliberals, planned economy, shareholder value, socialism, University of Chicago, Wall Street
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FIRE Alarm
We used to make things and employee people who were paid wages that they spent back into the economy. Finance properly allocated capital for productive ends rather than speculation and fraud. We had a productive economy that benefitted Main … Continue reading
Posted in Uncategorized
Tagged Adam Smith, Austrian School, banana republic, debt serfdom, elite resistance, financialization, FIRE sector, inequality, infrastructure spending, John Stewart Mill, Justice Brandeis, Main street, Michael Hudson, Milton Friedman, neoliberalism, Road to Serfdom, Simon Patten, tollbooth economy, Wall Street
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Doublethink
Doublethink, or the act of ordinary people simultaneously accepting two mutually contradictory beliefs as correct, is an essential means of population control for the U.S. government and corporate media. In this up-meets-down funhouse, destructive economic and foreign policies and narratives go largely unquestioned … Continue reading
