{"id":25812,"date":"2018-07-25T10:43:05","date_gmt":"2018-07-25T14:43:05","guid":{"rendered":"https:\/\/ssgreenberg.name\/PoliticsBlog\/?p=25812"},"modified":"2018-07-25T11:43:16","modified_gmt":"2018-07-25T15:43:16","slug":"days-of-revolt-how-we-got-to-junk-economics","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2018\/07\/25\/days-of-revolt-how-we-got-to-junk-economics\/","title":{"rendered":"Days of Revolt: How We Got to Junk Economics"},"content":{"rendered":"<p><em>YouTube<\/em> has the video <a href=\"https:\/\/youtu.be\/m4ylSG54i-A\" rel=\"noopener\" target=\"_blank\">Days of Revolt: How We Got to Junk Economics<\/a>,<\/p>\n<blockquote><p>\nIn this episode of teleSUR&#8217;s Days of Revolt, Chris Hedges interviews economist Michael Hudson on the history of classical economics and explores Marx\u2019s interpretation of capitalism as exploitation.\n<\/p><\/blockquote>\n<div style=\"text-align:center\">\n    <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube-nocookie.com\/embed\/m4ylSG54i-A?rel=0\" style=\"border: thick ridge #009900;\" allow=\"autoplay; encrypted-media\" allowfullscreen><\/iframe>\n<\/div>\n<pre class=\"plain\">\r\n<\/pre>\n<p>This is a discussion of Michael Hudson&#8217;s book &#8220;Killing The Host: How Financial Parasites and Debt Bondage Destroy the Global Economy&#8221;.  I am finally getting a more complete picture of what I have been slowly piecing together from my study of <b>M<\/b>odern <b>M<\/b>oney <b>T<\/b>heory.  It is not Karl Marx that had crazy economic theories.  It is the capitalist economic theories that I have been learning since the 1960s that is the crazy theory.  (To be more accurate, the mixed economy is sensible, but the unregulated capitalism is what is crazy.)<\/p>\n<p>Here is the second part of the interview <a href=\"https:\/\/youtu.be\/elAn6RZW3cI\" rel=\"noopener\" target=\"_blank\">Days of Revolt w\/Hedges &#038; Michael Hudson Junk Economics and the Future | Part 2<\/a><\/p>\n<div style=\"text-align:center\">\n    <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube-nocookie.com\/embed\/elAn6RZW3cI?rel=0\" style=\"border: thick ridge #009900;\"  allow=\"autoplay; encrypted-media\" allowfullscreen><\/iframe>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>YouTube has the video Days of Revolt: How We Got to Junk Economics, In this episode of teleSUR&#8217;s Days of Revolt, Chris Hedges interviews economist Michael Hudson on the history of classical economics and explores Marx\u2019s interpretation of capitalism as exploitation. This is a discussion of Michael Hudson&#8217;s book &#8220;Killing The Host: How Financial Parasites [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-25812","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/25812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=25812"}],"version-history":[{"count":3,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/25812\/revisions"}],"predecessor-version":[{"id":25816,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/25812\/revisions\/25816"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=25812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=25812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=25812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}