I recently was reminded of this video that I posted on December 30, 2020 as A Hard Look at Rent and Rent Seeking with Michael Hudson & Pepe Escobar.
An interactive discussion on wealth inequality and the “Great Game” on the control of natural resources.
In this webinar organized jointly by the Henry George School and the International Union for Land Value Taxation, Michael Hudson and Pepe Escobar will unpack one of the most destructive features of our economic system and the many different ways it drives wealth inequality.
I will embed the video here again.
I learned so much from watching this again. Maybe because I have grown my understanding in the intervening years. There is an education here about why the western media cannot give you an accurate report on any of this. What China and Russia are trying to do is so far from western concepts of how the economy ought to work that people steeped in western economic ideas cannot conceive of what China and Russia are trying to accomplish. I do not know how many western viewers can let go of what has been taught to them to get as much out of this video as I have.