Articles by Michael Hudson and Chris Hedges
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The Great Ponzi Scheme of the Global Economy
Michael Hudson and Chris Hedges – CounterPunch,
28 Mar 2016
We’re going to be discussing a great Ponzi scheme that defines not only the U.S. but the global economy, how we got there and where we’re going. With economist Michael Hudson, a professor of economics who worked for many years on Wall Street, where you don’t succeed if you don’t grasp Marx’s dictum that capitalism is about exploitation. And he is also, I should mention, the godson of Leon Trotsky.
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