The introduction to a post on Counterpunch — a conversation between Michael Hudson and Chris Hedges has the opening remarks pasted here:
> CHRIS HEDGES: We’re going to be discussing a great Ponzi scheme that not only > defines not only the U.S. but the global economy, how we got there and where > we’re going. And with me to discuss this issue is the economist Michael > Hudson, author of Killing the Host: How Financial Parasites and Debt Destroy > the Global Economy. A professor of economics who worked for many years on > Wall Street, where you don’t succeed if you don’t grasp Marx’s dictum that > capitalism is about exploitation. And he is also, I should mention, the > godson of Leon Trotsky. That last sentence was a real surprise to me. Can someone elucidate? The conversation itself was a sad confusion. Hedges was up to it and Hudson wasn’t able to keep things on track. the URL: http://www.counterpunch.org/2016/03/25/the-great-ponzi-scheme-of-the-global-economy/ Gene _______________________________________________ pen-l mailing list pen-l@lists.csuchico.edu https://lists.csuchico.edu/mailman/listinfo/pen-l
