Michael Hudson: Socrates on Debt and Ibn Khaldun on the Cyclical Rise and Fall of Societies
Socrates described how the use of debt by the elite to strip the lower orders of their property sets up revolutions.
Read more...Socrates described how the use of debt by the elite to strip the lower orders of their property sets up revolutions.
Read more...Clinton can offer nothing meaningful to Sanders and his supporters, and therefore Sanders has no reason to capitulate. Not hard to understand unless you are committed to not understanding that.
Read more...Financial crises move the struggles between debtors and creditors into the political sphere.
Read more...Even those economists that think Brexit is a disastrous idea differ on how severe the downside would be.
Read more...Immigration programs need to be socially, economically and politically sustainable or they will generate resentment.
Read more...The charter school movement ‘s claims of better results are marketing hype, as Denver demonstrates.
Read more...Rather than suggesting that consuming the right goods will make you happy, companies now want to create it more directly.
Read more...The ruling classes in the UK will be highly motivated to try to get the Brexit genie back in the bottle.
Read more...Why identity politics mean most people get the short end of the stick.
Read more...How MBAs have become negative value added to everyone but themselves.
Read more...Health care corruption is pervasive, yet remains a taboo topic.
Read more...How can bankers be persuaded or coerced into behaving better?
Read more...Hudson tallies the high cost of neoliberal ideology.
Read more...Trump as a symbol of an America morphing into a visibly less democratic fading empire.
Read more...McKinsey’s heretofore secret in-house investment unit has troubling conflicts of interest.
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