Michael Hudson speech: The End of Western Civilization

[midnight rambler]

From www.moonofalabama.org 7/12/22 -

https://www.moonofalabama.org/

The core paragraphs are probably these:


The United States through its New Cold War is aiming at securing precisely such economic tribute from other countries. The coming conflict may last for perhaps twenty years and will determine what kind of political and economic system the world will have. At issue is more than just U.S. hegemony and its dollarized control of international finance and money creation. Politically at issue is the idea of “democracy” that has become a euphemism for an aggressive financial oligarchy seeking to impose itself globally by predatory financial, economic and political control backed by military force.

As I have sought to emphasize, oligarchic control of government has been the distinguishing feature of Western civilization ever since classical antiquity. And the key to this control has been opposition to strong government – that is, civil government strong enough to prevent a creditor oligarchy from emerging and monopolizing control of land and wealth, making itself into a hereditary aristocracy, a rentierclass living off land rents, interest and monopoly privileges that reduce the population at large to austerity.

[woodman]

Caught this speech/interview from the Unz Review. Very impressive. I think I want to order some of his books.

Inflation and the Fed Plan to Cut Wages: A Depression is Coming, by Michael Hudson - The Unz Review

Economist Michael Hudson on inflation and Fed plan to cut wages: A depression is coming - YouTube

[ziero0]

Impaling a worm with a fishhook results in much action on the part of the worm but rarely will it escape it's steel enema.

The trick to fishing is to determine who is the worm, who is the bait recipient ( aka 'the fish'), who is going to hold the rod and who is invited for dinner (aka 'the banker').

In the interest of brevity in the future we plan on referring to this process as 'the fall of western civilization'.