
Why the U.S. Economy cannot Re-Industrialize
Michael Hudson [Intro/Music]: America cannot re-industrialize without reversing this whole philosophy of post-industrial society as a class war against labor. You can't have both. You can't have a class war against labor and reindustrialization with the labor unionization that goes with it. Countries who let an oligarchy develop end up pushing their own economies into...
Read MoreMacro N' Cheese with Steve Keen
Michael Hudson [intro/music] A central tenet of the World Bank from the beginning is to convince countries not to grow their own food, but to create plantation agriculture to prevent family-owned farming of food, to grow plantation export crops and they become dependent on the United States for their grain. [00:00:22.610] – Steve Keen [intro/music]...
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