Were the Biblical Prophets Anti-Semitic?

If the prophets of ancient Israel such as Isaiah, Jeremiah, Ezekiel, Malachi and Amos were alive today, Benjamin Netanyahu would accuse them of anti-Semitism for daring to describe his government as a travesty of what the Mosaic covenant was all about. A common thread running throughout the Jewish Bible – Christianity’s Old Testament – was to criticize kings, the wealthy and corrupt courts for violating the Mosaic commandments to create a fair and equitable society protecting the poor from the economic oppression of debt bondage, and loss of their land. If the prophets were summoned to give judgment today, it is Netanyahu’s right-wing Likud Party and the steeply unequal economy of Israel that would be condemned as violating the most basic laws of Biblical Judaism. Prophet after prophet described the Lord ...

A debt Jubilee for America?

by Paul Craig Roberts As school children my friends and I were very interested in archaeology and ancient civilizations. We read all the available books. My best friend intended to become an archaeologist and to explore ancient ruins about which we imagined more than we actually knew. As far as I can discern these days no one in the general population has any thoughts of Sumer, Babylonia, Assyria, Ur. For the American young the 1940s, not 2,500 BC, is the ancient past. A time so long ago that it predates the Old Testament by 2,000 years is probably imagined as a brutal and politically incorrect time of inhumanity and human sacrifice. In short, a script for a horror fantasy movie or a video game. In actual fact, these civilizations were ...

Are debts sins?

For millennia we have been told that Jesus Christ died for our sins. So much focus on sin hasn’t left much room for theologians to talk about Jesus’ thoughts on economic justice. But what if, as a social reformer, Jesus was killed because he talked about reforming the economics of his day? Writing-off debt has been a cornerstone of economic reform for millennia, so could it have been debt that Jesus wanted to do away with? Ross Ashcroft travels to New York to meet economist Michael Hudson, whose latest book explains why ancient debt principles have never been more relevant than today. LIKE Renegade Inc. on Facebook here FOLLOW Renegade Inc. at @Renegade_Inc PODCAST https://soundcloud.com/rttv/sets/renegade-inc  

Financial Time’s Best Books of 2018

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Included in Martin Wolf's (FT) favourite books of 2018: . . . and Forgive Them Their Debts: Lending, Foreclosure and Redemption From Bronze Age Finance to the Jubilee Year, by Michael Hudson, ISLET-Verlag, RRP $29.95 The American economist Hudson has written a fascinating book on the historical antecedents of the Mosaic debt jubilee. The work of Assyriologists has shown that by the third millennium BC, the rulers of the ancient Near East understood the necessity of repeated debt forgiveness. The alternative was, he writes, “economic polarisation, bondage and collapse”. The relevance of this history to the world of today seems clear: debt is necessary; too much debt is disastrous.

EVERYTHING YOU THOUGHT YOU KNEW ABOUT WESTERN CIVILIZATION IS WRONG

A Review of Michael Hudson’s new book .... and Forgive Them Their Debts As published on Naked Capitalism by John Siman To say that Michael Hudson’s new book And Forgive Them Their Debts: Lending, Foreclosure, and Redemption from Bronze Age Finance to the Jubilee Year (ISLET 2018) is profound is an understatement on the order of saying that the Mariana Trench is deep. To grasp his central argument is so alien to our modern way of thinking about civilization and barbarism that Hudson quite matter-of-factly agreed with me that the book is, to the extent that it will be understood, “earth-shattering” in both intent and effect. Over the past three decades, gleaned (under the auspices of Harvard’s Peabody Museum) and then synthesized the scholarship of American and British and French and German and Soviet ...

…and forgive them their debts

I'm very excited to announce that my new book, ...and forgive them their debts: Lending, Foreclosure and Redemption — From Bronze Age Finance to the Jubilee Year (ISLET-Verlag Dresden), is available now. Thank you. You can learn more about the book below. Michael Copy for book description and advance praise: ...and forgive them their debts Lending, Foreclosure and Redemption From Bronze Age Finance to the Jubilee Year In ...and forgive them their debts, renowned professor of economics, Michael Hudson – and one of the few who could see the 2008 financial crisis coming – takes us on an epic journey through the economies of ancient civilizations. For the past 40 years in conjunction with the Harvard Peabody Museum, he and his colleagues have documented the archeological record and history of debt, and how societies have ...

He Died for our Debt, not our Sins

Cross posted from our friends at Renegade Inc. As many people turn towards their Christian and Jewish faiths this Christmas and Hanukkah in an attempt to make sense of the year that was, at least one economist says we have been reading the bible in an anachronistic way.
 In fact he has written an entire book on the topic. In ‘...And Forgive them their Debts: Credit and Redemption’ (available this spring on Amazon), Professor Michael Hudson makes the argument that far from being about sex, the bible is actually about economics, and debt in particular. 
"The Christianity we know today is not the Christianity of Jesus," says Professor Hudson. Indeed the Judaism that we know today is not the Judaism of Jesus either. 
The economist told Renegade Inc the Lord's Prayer, 'forgive us our sins ...

The Land Belongs to God

Speech to the Union Theological Seminary, Columbia. The focus of my talk today will be Jesus' first sermon and the long background behind it that helps explain what he was talking about and what he sought to bring about. I've been associated with Harvard University's Peabody Museum for over thirty years in Babylonian economic archeology. And for more than twenty years I've headed a group out of Harvard, the International Scholars Conference on Ancient Near Eastern Economies (ISCANEE), writing a new economic history of the ancient Near East. The five colloquia volumes that we've published began in 1994. We decided we have to re-write the history to free it from the modern ideological preconceptions that have distorted much popular understanding. When I began to study Sumer and Babylonia in the 1980s, there wasn't ...