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...The IMF has become an unlikely reporter of unpleasant realities about the US economy, particularly the costs of inequality and distress. If only its prescriptions were better….
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...Immigration programs need to be socially, economically and politically sustainable or they will generate resentment.
Read more...Contrary to its intent, a report explaining why labor force participation among prime-age men has fallen reveals how Obama has failed.
Read more...A list of Congressional Democrats on the Wall Street meal ticket.
Read more...Demonstrating that public housing can be attractive and environmentally responsible.
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...How MBAs have become negative value added to everyone but themselves.
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...How Portland is working to cut its greenhouse gas emissions by 80% and reduce its environmental load on other fronts.
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