Hard and fast insights on Ukraine's land-grabbing, with some frightening developments unfolding. I am interviewed briefly. This could well be another test on how far things can be pushed, building on Latvia. Share this. Transcript This is a rush transcript. Copy may not be in its final form. RT: Nuclear weapons plans in the new gangster state of Ukraine. Coming up. Announcer: Ukraine's new coalition calls officially for “pre-emptive nuclear strikes”. Governors on the international wanted list. And the sordid past of the new oligarch President. RT: Pensions halved to $3 a day, heating costs doubled, forced sell-off of the country’s land and resources - all part of IMF “knee-breakers” imposed round the world, now in Ukraine. In a bombshell announcement ignored by mainstream media, even the IMF itself now admits austerity doesn’t work, cuts and economic ...
Tea Party Winners
Why the Tea Party & European Right Are Winning Elections More at The Real News Michael Hudson: There is no real left-wing alternative to the right Bio Michael Hudson is a Distinguished Research Professor of Economics at the University of Missouri, Kansas City. His two newest books are “The Bubble and Beyond” and “Finance Capitalism and its Discontents,” available on Amazon. Transcript ANTON WORONCZUK, TRNN PRODUCER: Welcome to The Real News Network. I'm Anton Woronczuk in Baltimore. And welcome to another edition of The Hudson Report. Now joining us is Michael Hudson. He's a distinguished research professor of economics at the University of Missouri-Kansas City. His two newest books are The Bubble and Beyond and Finance Capitalism and Its Discontents. Thanks for joining us, Michael. MICHAEL HUDSON, PROF. ECONOMICS, UMKC: Good to be here, Anton. WORONCZUK: ...
The Economic Crisis & Crisis Theory II

This panel explored causes of the Great Recession and the continuing economic sluggishness since the recession’s ended, as well as how the left can respond to this situation. In keeping with the conference theme, panelists addressed what different analyses and theories imply about the kind of socioeconomic change that is called for. Alan Freeman spoke on “Consumption, Profit and Finance: why can’t the left get it right?” He will explore why so many academic left thinkers persistently avoid normal methods of enquiry after truth. Focusing on Marx’s theory of crisis, the share of wages in US income, and the relation between finance and profitability as examples, he will discuss how prejudice and the desire to find “evidence” to support a political line take first place over the use of logic and ...