Michael Hudson: Neoliberalism, Industrial Capitalism, and the Rise of Debt | Robinson’s Podcast #180

Patreon:  Michael Hudson is Distinguished Research Professor of Economics at the University of Missouri, Kansas City and President of the Institute for the Study of Long-Term Economic Trends. He researches domestic and international finance, the history of economics, and the role of debt in shaping class stratification, among many other topics. In this episode, Robinson and Michael discuss this last subject. They begin broadly, with how as an economist Michael even thinks of debt, and move on to questions concerning the rentier class, industrial capitalism usury, and neoliberalism, as well as Michael’s beliefs about what must be done to save the economy. Michael’s most recent book is The Collapse of Antiquity (ISLET, 2023). Michael’s Website: ⁠⁠ The Collapse of Antiquity: OUTLINE 00:00 Introduction 02:55 Michael’s Background in Economics 09:48 How Does an Economist Think of