Prof. Michael Hudson’s new book, The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point” is a seminal event in this Year of Living Dangerously when, to paraphrase Gramsci, the old geopolitical and geoeconomic order is dying and the new one is being born at breakneck speed.Book review.
Sputnik International (Russian state-sponsored media)
Pepe Escobar: US Empire of Debt Headed for Collapse
See also
The gains for the BRICS will likely be substantial
Going where the growth is. It's about profit rate.
Why capitalism is leaving the US, in search of profit
Richard D. Wolff, Professor of Economics Emeritus at UMass Amherst and a visiting Professor in the Graduate Program in International Affairs of the New School University in New York. Richard Wolff is also a co-founder and active contributor of his non-profit: Democracy at Work
Also
"So says the NYT."
Higher Military Spending Will Save Democracy
W. J. Astore, Lieutenant Colonel (USAF ret.), taught at the Air Force Academy, the Naval Postgraduate School, and currently at the Pennsylvania College of Technology
9 comments:
Debt doomsday… Textbook Alienation 101.,,
https://blog.pmpress.org/2019/05/23/catastrophism-a-review-in-socialist-studies/
“ Sasha Lilley cautions that a left alternative to capitalism — one that can respond adequately to a series of contemporary crises, including environmental and economic ones — cannot give in to fear and the ‘logic of catastrophe.’ She warns, “the politics of fear … play to the strengths of the right, not the left”
https://dspace.ut.ee/handle/10062/72713
“ Humanity faces apocalyptic futures which are the product of the current socio-economic system. However, the present response is insufficient. This thesis analyzes what prevents people from effectively acting against future catastrophes. In order to do so, I use climate change as the main example and employ a Marxist critique of capitalism. I argue that the insufficiency of current responses to catastrophic futures can be explained by Marx’s notion of alienation”
Yo, it’s the alienation that is causing your catastrophism…. All you Art degree commies have it backwards as usual…
Hudson is not a monetarist... right?
The myth of 'money as debt' is strong.
“ Hudson is not a monetarist... right?”
He’s pretty close..,
The myth of 'money as debt'
It’s not a myth it’s an art degree thesis.,,
ie Some Art degree people say that..,
Art degree morons:
Thesis: “ money is debt!”
Anti thesis: “money is precious metals!”
Then they go back and forth dialoging about the topic…
The most charismatic or skilled in rhetoric ends up with more people agreeing with them..,
Rinse and repeat..,
It’s basically a methodology for unqualified morons.,
Greta: “the ice is going to melt and the water is going to come up and we’re all going to drown!”
She’s an uneducated 13 year old girl… couldn’t tell you the atomic number of Hydrogen…
And all these moron Art degree people BELIEVE HER…
It's also an opportunity. The first nation to figure out all the full potential of MMT will leave everyone else in the dust. Take advantage of all the mercantilist economic models and live like kings.
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