This started out for me with a post by Naked Capitalism – Michael Hudson Discusses the Economic Winds of [Non] Change Under Biden on Radical Imagination.
Yves here. Michael Hudson describes the fealty of Biden and the Democratic party to neoliberal policies and how, as Biden himself said, nothing fundamental will change. Hudson agrees nothing much will improve for ordinary citizens as long as the current Democratic party is calling the shots. He lays out a way to tackle rentierism by promoting building of moderate-priced homes and setting strict terms for FHA mortgages.
Here is the video of the interview from The Radical Imagination | Imagining the Economic Winds of Change Under Biden.
This is a new high for Michael Hudson in telling us what he has been holding back for so long. He has been trying to tell us this for years with a certain amount of tact and diplomacy. Ether he has gotten tired of putting on the semii-happy mask, or this interviewer and this not very well known medum has finally set him free.