• @Lemmy_Mouse
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    1 year ago

    Michael Hudson

    Just looked him up, now he’s shilling for industrial capital trying to grift it as the solution to the economic crisis 😂 It’s where we’re likely heading in some areas (Russia is already there, likely Europe and England) but WW1 wasn’t an accident, and neither was it’s end 😉

    • @knfrmity
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      61 year ago

      Yeah, he’s a mixed bag. Sometimes you’ll get very pointed analyses of global economics, sometimes it’s just bs. Apparently his family were Trots so maybe that’s part of it. In part he’s right, in that productive capacities need to be built up and developed, but his insistence on the necessity of “mixed economies” and in some cases industrial capital is definitely off.

      • @Lemmy_Mouse
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        51 year ago

        A left opportunist just like his family then