Michael Hudson on the Need to Treat Banks as Utilities

Also tucked into this video is an explanation of why Occupy Wall Street wants to avoid making specific demands at this point in the life of the organization.

As I see it, there are two ways to treat the video below.  One way is to view it with the attitude that you are going to look for the flaws in the argument so that you can ignore what is being said. The other way is to try to learn something from what Hudson says and try to pick out the ideas that you find significant and worth more thought.


Even if you find these ideas more radical than your brain can manage, you can view this as only a mild extreme that could occur if the “system” refuses to respond to the concerns of the protesters.

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