Michael Hudson

Guilt by Decryption

At regular intervals the high representatives of the Allied Powers (West) congregate to commemorate the “kick-off” that led we are told to victory in Europe ending part of the hostilities in the Second World War. They meet on the often-cold beaches of Normandy, the western coastal region of France from which William the Conqueror led […]
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How Michael Hudson Explains America’s Annual $1.5T Military Expenditures

Eric Zuesse (blogs at https://theduran.com/author/eric-zuesse/) On November 18th, the great economic historian Michael Hudson decimated the Nobel-Prize-winning (neoliberal-neoconservative, or pro-imperialism libertarian) economic theorists, in a conversation with the great geostrategic analyst Alexander Mercouris, by explaining something that all of those (all pro-imperialism libertarian) economic theorists (the mainstream economic theorists and pontificators) don’t even notice (which […]

Another Look at the Financial Transactions Tax

Photo by Mika Baumeister on Unsplash A small financial transactions tax could correct a number of maladies in our economic system, from the federal debt crisis to the widening wealth divide to the rampant financialization of the economy, while eliminating taxes on income and sales. The debt ceiling crisis has again brought into focus the […]

Multiple Economic Fractures in Mordor

Orientation The golden age of left-wing economists In part because the 1960s was still a period of capitalist abundance, there were few socialists in Yankeedom who pointed to the economic contradictions of capitalism as a motivator for the coming revolution. “Western Marxists” ignored the economy, imagining capitalism could go on forever. As first anarcho-communist and […]
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