Michael Hudson: How Private Debt Makes the Rich Richer
Michael Hudson talks about the causes of inequality in the 21st century. He summarizes the important theses from his new book "The Sector - Why Global Finance Is Destroying Us". for a symposium titled "Inequality in the 21st Century. Progress, capitalism and global poverty "
Michael Hudson is one of the very few economists who predicted the 2008 financial crisis.
Michael is also the author of Killing the Host (2015), The Bubble and Beyond (2012), Super-Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt (1992 & 2009) and of The Myth of Aid (1971), as well as many other books and articles.
Err, I'm confused. Have you edited your original post to include the correct video? I'm showing it embedded properly in the post.
Thanks, Joseph, it seems the embedded video did work. Seems there was a glitch when I posted.