Category Archives: Doomsday scenarios

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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Larry Summers’ Opposition to $2000 Covid Payments Confirms Our Classic: “Why Larry Summers Should Not Be Permitted to Run Anything More Important than a Dog Pound”

Larry Summers is at it again.

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