{"id":29393,"date":"2022-02-11T22:32:01","date_gmt":"2022-02-12T03:32:01","guid":{"rendered":"https:\/\/ssgreenberg.name\/PoliticsBlog\/?p=29393"},"modified":"2022-02-11T22:36:56","modified_gmt":"2022-02-12T03:36:56","slug":"resource-limits-to-american-capitalism-the-predator-state-today","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2022\/02\/11\/resource-limits-to-american-capitalism-the-predator-state-today\/","title":{"rendered":"Resource Limits to American Capitalism &#038; The Predator State Today"},"content":{"rendered":"<p>The <em>Institute For New Economic Thinking <\/em>has featured the video <a href=\"https:\/\/www.ineteconomics.org\/perspectives\/blog\/resource-limits-to-american-capitalism-the-predator-state-today\" rel=\"noopener\" target=\"_blank\">Resource Limits to American Capitalism &#038; The Predator State Today<\/a>.<\/p>\n<blockquote><p>\nJames K. Galbraith discusses the shift of US capitalism from an industrial state to what he calls a predator state: a finance-led, military-centered corporate republic that continues to prevail. To overcome it, he lays out what is needed to focus on employment, stability and adjustments to rising resource costs. Lynn Fries interviews Galbraith on GPEnewsdocs.\n<\/p><\/blockquote>\n<div style=\"text-align:center\">\n    <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube-nocookie.com\/embed\/yNheLpC3ne8\" title=\"YouTube video player\" style=\"border: thick ridge #009900;\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div>\n<pre><\/pre>\n<p>Let&#8217;s get one bit of  silliness out of the way.  The interviewer is trying to differentiate between the work of the interviewee from the work of his father.  She concentrates on the fact that the father included his middle name of Kenneth in his legal name and the son uses his own middle initial K.  She doesn&#8217;t seem to notice that the father was John and the son is James.<\/p>\n<p>What I find so enlightening about James K. Galbraith is that he is a progressive Economist, but does not talk like the Modern Money Theory progressive economists, nor of the Marxist\/Co-Operative economist Richard Wolff.  Galbraith has mentioned that he has advised the Chinese government.  Another progressive economist, Michael Hudson, has also been an advisor to the Chinese Government.  There are similarities and differences among these people on how they talk about the policy  decisions we  have to make.  I find it interesting to try to synthesize all that I know about what these people are saying so that I can formulate what makes the most sense to me.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Institute For New Economic Thinking has featured the video Resource Limits to American Capitalism &#038; The Predator State Today. James K. Galbraith discusses the shift of US capitalism from an industrial state to what he calls a predator state: a finance-led, military-centered corporate republic that continues to prevail. To overcome it, he lays out [&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-29393","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\/29393","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=29393"}],"version-history":[{"count":3,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/29393\/revisions"}],"predecessor-version":[{"id":29396,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/29393\/revisions\/29396"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=29393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=29393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=29393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}