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Tag Archives: Michael Hudson
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
The Shotgun Sings the Song
It’s becoming clear just what Margaret Thatcher meant when she told everyone that there was no alternative to neoliberalism. In an absolutely stunning article, economist Michael Hudson explains how the US is wielding the International Monetary Fund (IMF) as a … Continue reading
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Tagged China, Cold War, IMF, Margaret Thatcher, Michael Hudson, neoconservative, neoliberal, no alternative, Russia, The Who, Ukraine
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Interesting Times
Holy shit! Leave on vacation and look what happens. Here, I thought August is supposed to be a slow month. It’s hard not to look around right now and feel like the end of the world is upon us with … Continue reading
We’re All Greeks Now
Who needs an army when you have economists and central bankers? This is the reality we face in an era where debt and austerity are the weapons wielded by modern imperialism. In the aftermath of the Greek referendum rejecting austerity, … Continue reading
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Tagged austerity, class warfare, Detroit, ECB, EU, finance is war, Greece, Greg Palast, IMF, Michael Hudson, morality play, Naked Capitalism, neoliberalism, Noam Chomsky, Paul Krugman, Podemos, Syriza, Wall Street, Wolf Richter
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It’s Pee
Republican’s want to immediately privatize government. They hate the thought of the government doing anything for “those people.” Ever since the New Deal, Republicans have made the intellectual argument that a welfare state saps American’s freedoms, and have mounted a decades … Continue reading
A clean get away
Anyone who says “crime doesn’t pay” hasn’t been paying attention to the behavior of the American elite in the 21st century. Historians of the future, when the study this era, will marvel at the rampant criminality and official impunity, that … Continue reading
The Antidote
In the United States we have a breathtaking system of propaganda that is directly enabling our descent into neo-feudalism. This propaganda, disseminated by the dominant corporate media, is astonishingly effective in its depiction and framing of economic issues. And this … Continue reading
It’s What’s for Breakfast, Lunch, and Dinner
Neo-feudalism that is. We have mentioned neo-feudalism here at Camelotkidd enough that I think an explanation is in order. Let’s start with feudalism. My New Oxford American Dictionary, defines feudalism as: “Historically the dominant social system in medieval Europe, in … Continue reading
Rock Stars
I believe that there is an alternative to finance driven capitalism as the only way to organize an economy. This system, let’s call it neoliberalism, insists on a market culture as the master design for all human affairs. Profit making … Continue reading