Michael Hudsin has published a transcript of an interview in War and Debt to Rule.
Every successful economy in history has been a mixed public/private economy. Infrastructure should be public in character. Its aim should not be to make a profit (or economic rent), but to provide basic needs freely as human rights, or at least on a subsidized basis in order to lower the economy’s cost of living and doing business.
Each publication from Michael Hudson adds clarity and detail to what he has been trying to explain to us for decades. This article is no exception.