Yearly Archives: 2020

2:00PM Water Cooler 12/30/2020

By Lambert Strether of Corrente. Patient readers, I’m going to be keeping Water Coolers shorter than usual through the New Year. In order to make the year turn toward the light more rapidly, I will make the proportion of frivolous material greater than usual. –lambert. Bird Song of the Day #COVID19 Not exactly holiday material, […]

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A Hard Look at Rent and Rent Seeking with Michael Hudson & Pepe Escobar

An in-depth discussion of financial capitalism versus earlier models and the Chinese and Russian approach, with a focus on the role of rent.

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Polarization, Then a Crash: Michael Hudson on the Rentier Economy

Michael Hudson discusses the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.

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