Economist Michael Hudson explains how finance became capitalism’s driving force and why an increasing amount of American life is being dedicated to sustaining unsustainable debt values, then gives a radical history lesson in debt economics – from ancient Sumer to the University of Chicago – that suggests the only way to end a debt crisis is to end the debt itself.
Michael is author of the new book “Killing the Host: How Financial Parasites and Debt Destroy the Global Economy.”
Paul Krugman on Greece’s 3rd Memorandum of Understanding: An agreement designed to fail
httpv://youtu.be/aZY-5wp_6IQ
“Britain, Greece & the Struggle for a Decent Future”
Emmanuel Centre, London, 14th September 2015.
Presentation by Yanis Varoufakis
