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Marx
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Marx

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The Paradox of Financialized Industrialization
• October 16, 2015
• 4,600 Words • 15 Comments • Reply
These remarks were made at the World Congress on Marxism, 2015, at the School of Marxism, Peking University, October 10, 2015. The presentation was part of a debate with Bertell Ollman (NYU). I was honored to be made a permanent Guest Professor at China’s most prestigious university. When I lectured here at the Marxist School... Read More
The Economic Crisis & Crisis Theory II
• June 13, 2014
• 200 Words • Leave a Comment
This panel explored causes of the Great Recession and the continuing economic sluggishness since the recession’s ended, as well as how the left can respond to this situation. In keeping with the conference theme, panelists addressed what different analyses and theories imply about the kind of socioeconomic change that is called for. Alan Freeman spoke... Read More
Piketty’s Wealth Gap Wake Up
Renegade Economists interview April 22nd, 2014
• April 24, 2014
• 6,000 Words • Leave a Comment
Listen Subscribe to the weekly podcast. Karl Fitzgerald: Michael Hudson – www.Michael-Hudson.com – is back on the 3CR airwaves with an explosive show moving through the incredible wealth gap as outlined by Thomas Piketty. His book is barnstorming the world at the moment. We review it, alongside a bit of Marxist theory as we slide... Read More
From Marx to Goldman Sachs: The Fictions of Fictitious Capital
• July 30, 2010
• 12,600 Words • Leave a Comment
As published in Critique, based on a presentation given at the China Academy of Sciences, School of Marxist Studies in Beijing in November 2009, and at the Left Forum in New York City, March 20, 2010. Classical economists developed the labor theory of value to isolate economic rent, which they defined as the excess of... Read More
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