Michael Hudson: Debt, Economic Collapse, and the End of Civilization

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  • Опубликовано: 23 дек 2024

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  • @vivalaleta
    @vivalaleta 4 месяца назад +323

    Hudson has it all - genius, compassion and a sense of humor.

    • @robinsonerhardt
      @robinsonerhardt  4 месяца назад +17

      so sweet!

    • @wengtatfoong5037
      @wengtatfoong5037 4 месяца назад

      Qqq qqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqq q🎉🎉

    • @YHauz-co
      @YHauz-co 4 месяца назад +1

      Modern markets will be destroyed by fake food, services and money surrogates

    • @voidisyinyangvoidisyinyang885
      @voidisyinyangvoidisyinyang885 4 месяца назад +15

      he was born in Minneapolis and his dad was the newspaper editor for the local Teamsters strike that shutdown the city. So his dad got thrown in the federal prison as being - I don't know - treason or communist or something. Yes Michael started out in music training in college - so he goes back to the root cause from ancient civilization. Very excellent research for sure.

    • @TimJohnson-x1o
      @TimJohnson-x1o 4 месяца назад

      5 years older than Biden. That's what 3 standard deviations of intelligence looks like. Check out Chomsky before his stroke for another case.

  • @ericrobinson7184
    @ericrobinson7184 4 месяца назад +220

    I don't know how this man manages to bang out one masterpiece after another, but I am so thankful!

    • @robinsonerhardt
      @robinsonerhardt  4 месяца назад +9

      Michael's a consistent kind of guy!

    • @jrshield7793
      @jrshield7793 4 месяца назад +2

      Experience practice and he likes it

    • @vonfloryanzia138
      @vonfloryanzia138 4 месяца назад +4

      As am I. Amazed.

    • @pipster1891
      @pipster1891 4 месяца назад

      I wish I could afford to buy one of his books. They are so expensive! (I live in a non-English-speaking country so libraries are not an option).

    • @landontesar3070
      @landontesar3070 3 месяца назад

      will be interesting to see if the internet can sustain the weight of this truth

  • @karimb972
    @karimb972 4 месяца назад +172

    85 years old and he thought he would be doing a 4.5 hour podcast! 😅 What a legend! God bless him!

    • @jgalt308
      @jgalt308 4 месяца назад +7

      What did you do? Multiply by 3?

    • @jodawgsup
      @jodawgsup Месяц назад

      @@jgalt308 google hyperbole

  • @andyjblosser
    @andyjblosser 4 месяца назад +165

    This guy is a genius. I'm shocked more people don't know about his work. He's one of the most revolutionary thinkers of our time. Thanks for platforming him!

    • @robinsonerhardt
      @robinsonerhardt  4 месяца назад +8

      thanks for coming to my platform!

    • @bhok5228-ff8bs
      @bhok5228-ff8bs 4 месяца назад +12

      Because this guy is a danger for the elites.

    • @pecan11
      @pecan11 4 месяца назад

      He’s not revolutionary in the sense of Marx. He’s a Marxist economist for damn good reason! Read CAPITAL 2 and 3 vols
      What Mike is groundbreaking is in DEBT

    • @jrshield7793
      @jrshield7793 4 месяца назад +4

      How does the saying go? It's hard to learn about something when your job depends on you being ignorant of that something. In this case the true about money credit debt balance of payments and so on

    • @B_Estes_Undegöetz
      @B_Estes_Undegöetz 4 месяца назад +3

      I’m not. 😂 Just substitute the word “USA” for “ROME” in this … 0:20 … provocative little banger of an observation and you can see why maybe the US educational establishment might not take to Hudson’s theories and teach them to the kiddies?

  • @pukulu
    @pukulu 4 месяца назад +251

    Michael Hudson is 85 years old but his mind is very sharp.

    • @robinsonerhardt
      @robinsonerhardt  4 месяца назад +34

      I'm amazed by how spontaneously he can give a lecture!

    • @carbonduke01
      @carbonduke01 4 месяца назад +17

      ​@@robinsonerhardtmy favorite economist,by far. I search his name,and watch everything I find. Exceptional mind.

    • @laurenz323
      @laurenz323 4 месяца назад +2

      Thats the adrenochrom

    • @allanluis3696
      @allanluis3696 4 месяца назад +4

      @@laurenz323 cite sources

    • @kevintewey1157
      @kevintewey1157 4 месяца назад +2

      Without brain disease or lack of oxygen.
      He'll be just as sharp in ten years but i'm afraid for his heart

  • @marc-1661
    @marc-1661 4 месяца назад +118

    Hudson and Wolf are among the few honest economists

    • @a.randomjack6661
      @a.randomjack6661 4 месяца назад +8

      I like both of them. Hudson is my fav, but I also like Varoufakis. I read (oops listened) a few of his books, not as much as I listened to Hudson's audiobooks.
      I can't get any of them up here. Not such books at my local public library. Maybe because it's French...

    • @canna4532
      @canna4532 4 месяца назад

      wolff is a legit fraud, has contributed absolutely nothing to the field of economics and doesn't ever engage in conversation with economists. a left wing jordan peterson

    • @kevintewey1157
      @kevintewey1157 4 месяца назад

      See infrared on kick
      Neither one of them have a solution but Haz does
      These 2 are die hard capitalist trotskyites
      and they will never say the term land reform

    • @albertdittel8898
      @albertdittel8898 4 месяца назад

      Wolf is about the last person I would call honest. You mean the one who tells his gullible audience that China is socialist? And that "the socialist left" won the elections in Germany talking about the German SPD?

    • @jgalt308
      @jgalt308 4 месяца назад +4

      Really????? Guess you haven't been paying attention.
      xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
      Then we have this from Micael Hudson speaking to Wolff directly on "Dialogue Works" in January of this year. ( two 90-minute joint interviews )
      Michael Hudson: "Fortunately, I’ve written all about this in my book, Killing the Host. What is Capitalism? What we have today is not the capitalism that we had either When Richard and I went to school or in the 19th century, the kind of capitalism that everyone was talking about in the 19th century, both from Adam Smith and Ricardo through Marx and everyone else, was industrial capitalism.
      The whole idea was that when they talked about capital, they were talking about industrial capital. They weren’t talking about land or rent, they weren’t talking about monopolies, they weren’t talking about finance. Discussed this in volume two three. But he ( Marx ) said, I don’t have to talk about rent and monopolies in finance. Industrial capitalism is going to get rid of that in order to become a low-cost economy and in order to compete with other economies."
      Hudson had to repeat a variation of this in the second interview and why what exists is NOT CAPITALISM. Wolff offered no argument or challenge either time but seems to have suffered an immediate memory loss regarding this acknowledgment and went right back to his "It's (undefined ) capitalism's fault," which is downright embarrassing for him and his audience who claim that Hudson and Wolff "are their two favorite economists" which is not possible since their understanding of history and economics is in direct conflict on so many points. Hudson's experience and work in both areas expose Wolff as the "pretender" he is. ( This correction was repeated a third time in July. )
      xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
      This interview also begins with the same explanation again.

  • @vivalaleta
    @vivalaleta 4 месяца назад +120

    "You've said the unspeakable". Thank you, professor, for all you've tried to achieve for mankind.

  • @AJ-gc5mp
    @AJ-gc5mp 4 месяца назад +32

    Professor Michael Hudson is a national treasure. Truly an inspiration.

  • @ProudProle
    @ProudProle 4 месяца назад +69

    Michael Hudson looks great in this interview, so relaxed and vibrant. I love his breakdown that really paints the economy developed by Western civilization as an outlier in the world.

    • @robinsonerhardt
      @robinsonerhardt  4 месяца назад +8

      i love the suspenders

    • @ProudProle
      @ProudProle 4 месяца назад +2

      Ha! Me, too! ​@@robinsonerhardt

  • @sylviarogier1
    @sylviarogier1 4 месяца назад +62

    During the 2007-2008 financial crisis I listened to Prof Hudson all the time. Very insightful.

    • @Niagaradream
      @Niagaradream 4 месяца назад +2

      I feel deeply deprived since I didnt know him then 🤦

  • @aliciaczechowski3281
    @aliciaczechowski3281 4 месяца назад +90

    Michael Hudson cheerfully tells us how humans historically keep repeating their mistakes.

    • @robinsonerhardt
      @robinsonerhardt  4 месяца назад +5

      hahaha

    • @SaveEarthPlsBeKind
      @SaveEarthPlsBeKind 4 месяца назад

      Not mistakes as such just tells us how greedy, nasty and controlling a minority of humans have been and are to the detriment of the people and the planet.

  • @1o1s1s1i1e
    @1o1s1s1i1e 4 месяца назад +57

    Proud owner of all of Professor Hudson's books, and go back and reread sections every now and then. When looking back at the human species we have not changed chemically since the days of Greece and Rome, and those chemicals drive us. Go BRICS!

  • @cheri238
    @cheri238 4 месяца назад +20

    Thank you, Robinson, for this discourse with Professor Michael Hudson. It was especially refreshing to hear him hear him sitting on this patio relaxed speaking with you. One of our best , no doubt. Geinus!!! I have some of his books, but it is amazing to hear him speak as I have been following him for years.
    With my deepest appreciation and respect to both of you.
    (Beautiful flowers)

  • @musokofe
    @musokofe 4 месяца назад +14

    Under what rock have I been living? I've never heard of Michael Hudson before... This is great! Thank you.

  • @D4NK1
    @D4NK1 4 месяца назад +19

    Ive listened to Michael hudson heaps and there was so much info that he never was able to get around to discussing because of his interviewers interrupting him.
    Great work on being able to ask the right questions to get all this information out of him

  • @TheGreenestGreen99
    @TheGreenestGreen99 4 месяца назад +22

    Well explained. God Bless Michael Hudson. Free Humanity from oligarchy

  • @the_furthest_reaches
    @the_furthest_reaches 4 месяца назад +71

    Hudson is such an unassuming guy, yet were his ideas to gain wide currency, revolution would be in the air. I wonder how many people listening to this realize how radical he is.

    • @ey67
      @ey67 4 месяца назад

      Revolution is in the air all over the world. Inevitable. Too many have nots are getting a clue

    • @robinsonerhardt
      @robinsonerhardt  4 месяца назад +5

      it strikes me as radical from the get-go

    • @Breakfast_of_Champions
      @Breakfast_of_Champions 4 месяца назад +9

      Radical meaning going to the root/radix of the problem, indeed. Marx was only able to see a much smaller window of history than this guy.

    • @Niagaradream
      @Niagaradream 4 месяца назад +9

      Common sense feels radical these days 🤦 Or maybe always has...

    • @fyreflower
      @fyreflower 4 месяца назад +2

      Bang on!​@@Niagaradream

  • @claudenobles779
    @claudenobles779 4 месяца назад +42

    The young people love and respect Michael Hudson ...

    • @robinsonerhardt
      @robinsonerhardt  4 месяца назад

      :)

    • @klauskinski5969
      @klauskinski5969 4 месяца назад

      becaue they dont have any education at all.

    • @jerrellholder8382
      @jerrellholder8382 4 месяца назад +3

      ​@klauskinski5969 educate us then come on the show and give your point of view

    • @klauskinski5969
      @klauskinski5969 4 месяца назад

      @@jerrellholder8382 or you pick up a book yourself

    • @claudenobles779
      @claudenobles779 4 месяца назад +4

      @@jerrellholder8382 so obviously ... give me another link to a contrary economist? milton freedman?

  • @lisacollins3304
    @lisacollins3304 4 месяца назад +15

    This is why I like Michael Hudson. He is an intelligent man who speaks in understandable terms about the rich,and the poor.

  • @leonardkellum6984
    @leonardkellum6984 4 месяца назад +18

    Drinking out of a mason jar, my kind of economist. Such a good honest man in a world saturated with lies. Blessed are the peacemakers.

  • @gatoquisquilloso
    @gatoquisquilloso 4 месяца назад +25

    This is vintage Michael Hudson, a national resource which is priceless, and irreplaceable... and he's doing us such a huge favor by leaving this knowledge to us.

    • @rdallas81
      @rdallas81 4 месяца назад +3

      Words.
      Without people willing to stand up to the direction our supposed "leaders" are taking us (down a long dark corridor), it's no different than any other speech, analysis, video, propaganda, or pamphlet.
      Words, without action- the very reason the US will be surpassed by the growing strength of the Russian, Chinese, and in general eastern nations because they communicate amongst themselves instead of like the US which dominates.
      This will have a irreversible and devastating effect on the whole of the US.
      But few can understand the situation-
      Which within a few years will be thrown into catastrophe from climate, social, economic, and environmental issues not yet seen in recent years or ever.

    • @idepartasair
      @idepartasair 3 месяца назад +2

      ​@@rdallas81 ​ Absolutely correct. My husband and I are out on the streets of our area every weekend, attempting to get people to discuss the current situation and what to do about it in person, and they all treat us like crazy people. They wave us off, duck their heads down in fear and shame, and either stay silent or state that they don't discuss politics. Even law enforcement and politicians want nothing to do with real action. People are so afraid to speak about anything other than the weather, their vacations, and their profits. How did we reach a point at which openly discussing the state of our nation is taboo? I'm surprised that your comment is even still here.

    • @NoDrizzy630
      @NoDrizzy630 Месяц назад +1

      @@idepartasairI think many people have the feeling that seismic shift is about to occur but don’t want to acknowledge it. The world as they have known it is about to disappear and societies indifference to the warning signs. The arrogance of Americans is one of the major factors for its downfall. Mixed with this societies greed and ignorance, it should really be no surprise to anyone when the inevitable happens.

  • @Peace-for-the-world
    @Peace-for-the-world 4 месяца назад +28

    Outstanding dissertation from professor Hudson, as he is usual amazing ❤❤❤

  • @user-fq1xh7bg7gJoe_Frisina
    @user-fq1xh7bg7gJoe_Frisina 4 месяца назад +20

    Ive read most every book by Prof. Hudson and I highly recommend them. In one respect," we dont need no stinkin' billionaires!"

  • @michaelwiebeck3
    @michaelwiebeck3 Месяц назад +511

    Housing crisis, health crisis, financial crisis, cost of living crisis, debt crisis, inflation crisis, Middle East crisis. How many crises can we endure? As I approach retirement with a solid financial cushion, I'm anxious about a potential banking crisis. Is private equity a good option to grow my money securely?

    • @Pconradsmith
      @Pconradsmith Месяц назад +6

      Diversify… T bills, CDs, Gold, Stocks, Municipal bonds, Bitcoin, Real estate, etc assets speak when cash has no value.

    • @Olsontim21
      @Olsontim21 Месяц назад +5

      @@Pconradsmith I would advise the counsel of a seasoned financial pro. It may be expensive, but as the old saying goes "You get what you pay for." "Expert solutions require Expert providers" - my mantra

    • @Aarrenrhonda3
      @Aarrenrhonda3 Месяц назад +4

      Agreed, investing with the help of an advisor set me up for life. Retired with about $1.6m in stock portfolio only. I worked hard everyday as a teacher for 32 years, and my salary was over 100k annually. Supplementing my income with stocks and alternative investments helped me by far beat the retirement age before 65.

    • @CindyValenti
      @CindyValenti Месяц назад +4

      Can you share details of your advis0r? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.

    • @Aarrenrhonda3
      @Aarrenrhonda3 Месяц назад +3

      ‘’Annette Christine Conte’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

  • @Breakfast_of_Champions
    @Breakfast_of_Champions 4 месяца назад +8

    Nice to see you got Mr.Hudson a bit of fresh air. I've been reading his books and the gain is enormous.

  • @appluverapk
    @appluverapk 3 месяца назад +6

    One of the Best Gifts You can give Yourself if You don't already understand everything Michael Hudson is saying is to do the work needed for You to understand it. All of the Work Michael Hudson has done, His Honesty and All the Videos He has been in, is a Great Gift from Michael Hudson that You can't put a Value on. It's not just an Education into Real Economic thinking. It's an understanding of the Real Economic System We're living in and it's actually the Real Honest and Truthful Reality that We are All really live in...

  • @PCMcGee1
    @PCMcGee1 4 месяца назад +8

    I absolutely love listening to Prof. Hudson impart his knowledge. I always learn so much and his way of speaking keeps me spellbound. Thank you for being intelligent enough to see that allowing him to speak freely was the best option in this interview.

  • @nawfalal-asadi5140
    @nawfalal-asadi5140 4 месяца назад +17

    I love Michael and his insights, thanks for making this possible, great journalism.

  • @edwardlarkin4279
    @edwardlarkin4279 4 месяца назад +16

    Michael Hudson is the best professor any one could possibly have as your teacher. I have one of his bks, but I'll get whatever he has written. Thank you that you have this wonderful man

  • @TimZM
    @TimZM 4 месяца назад +32

    Love Michael!

  • @Baobabaloo
    @Baobabaloo 4 месяца назад +4

    I discovered Michael Hudson and Richard Wolff recently. I am so glad I did! 🙂🇿🇦🙂🇿🇦

  • @pecan11
    @pecan11 4 месяца назад +23

    I love Hudson he is an incredible man! ❤❤❤

  • @lynnwood7205
    @lynnwood7205 4 месяца назад +21

    @22:15 Michael replied that he realized that everything that had been taught in college about
    what money is was from propaganda from the 19th century by the predecessors of Milton
    Friedman, representatives of the landlord class, the monopoly class, the financial class...

    • @kevintewey1157
      @kevintewey1157 4 месяца назад +1

      And not a word from Karl Marx or others

    • @jgalt308
      @jgalt308 4 месяца назад

      @@kevintewey1157 Marx knew....
      Money is a commodity...people seeking to acquire money are capitalists as money is capital.
      Das Kapital v1 p27, p63, p 104-107
      But money is no longer a commodity and hasn't been ( de facto ) since 1934.

    • @kevintewey1157
      @kevintewey1157 4 месяца назад

      @@jgalt308 The representation of money is still a commodity even if it's fiat Currency.
      You don't have a solution

    • @jgalt308
      @jgalt308 4 месяца назад

      Still DISMISSED...in the U.S. they even changed the symbol.

    • @mikehayne538
      @mikehayne538 4 месяца назад +3

      Good point. Richard Wolff also says that. The MBA degree is worthless. Our political debates are like Jr High School kids.

  • @themanicmechanics496
    @themanicmechanics496 3 месяца назад +5

    The late David Graeber, anthropologist, built upon this work. The idea of academics working together, especially economists listening to other disciplines, is essential for our survival. And very rare.

  • @AngusRockford
    @AngusRockford 4 месяца назад +8

    One of the best-ever discussions on this channel. A ton of knowledge compressed into 1.5 hours that went by in a flash.
    Thanks!

  • @hunterventures2101
    @hunterventures2101 4 месяца назад +4

    Mr Hudson has done so much work and research to give us the message we all need to hear but most foolishly will not choose to hear. He is still rocking it. Who knows how long this hero will be with us, Bravo on the interview.

    • @jgalt308
      @jgalt308 4 месяца назад

      So what is it that you heard that you believe you needed to hear?
      Can you name 3 things?

  • @Peace-for-the-world
    @Peace-for-the-world 4 месяца назад +23

    Thank you Robinson for your magnificent guest, Mr Huddson❤

  • @34rn357
    @34rn357 22 дня назад +1

    What an eye-opener! Excellent, important conversation!

  • @mrtsko88
    @mrtsko88 4 месяца назад +4

    What a treat. A face to face discussion with the goat. And MH has impeccable style as well. Those suspenders 🤌🏻 Thank you Robinson

  • @S.Aliona
    @S.Aliona 4 месяца назад +15

    Interestingly, in 1995 in Russia, we were told this in 5th grade at school in history lessons - this is for children 10-11 years old.

    • @AshleyMcIntosh-zz7kr
      @AshleyMcIntosh-zz7kr 4 месяца назад

      Yes but you seem to forget western education levels are the poorest in the world. The elites have deliberately made the people so thick to keep them in power.its worked for 100yrs and is still working.

    • @mark_2
      @mark_2 4 месяца назад

      Then still privatized everything so 5 million russians died from the consequences.

    • @nykareem2001
      @nykareem2001 4 месяца назад +1

      Russia and China are the two most advanced civilizations in terms of education, history and politics. Please be patient while the rest of us.catch up

  • @williamcampbell9323
    @williamcampbell9323 4 месяца назад +20

    Michael Hudson blows my mind…I wonder what can be done to spread this message besides sharing on social media and with friends…is there economic activism?

    • @robinsonerhardt
      @robinsonerhardt  4 месяца назад +5

      good question...

    • @kevintewey1157
      @kevintewey1157 4 месяца назад +5

      Absolutely.It's called land refrom anything else is meaningless.
      Live in ignorance or realize this

    • @kevintewey1157
      @kevintewey1157 4 месяца назад +4

      Economic activism
      Maduro: " nationalize it !"

  • @tetramorphy
    @tetramorphy 4 месяца назад +11

    GOD BLESS MICHAEL HUDSON

  • @MsDarylM
    @MsDarylM 3 месяца назад +2

    The best interview I’ve watched in ages. It is the underpinning of a better future world.

  • @paulohenriquearaujofaria7306
    @paulohenriquearaujofaria7306 4 месяца назад +12

    I am from Brazil. Love the idea of debt cancelation.

    • @rdallas81
      @rdallas81 4 месяца назад

      So, if a few people owed you money- say a few thousand dollars- would you forgive their debt?
      Exactly.
      People should pay their debts..
      That's what keeps things moving forward.

    • @jgalt308
      @jgalt308 4 месяца назад

      Then you should be able to explain why it was used and who it applied to?

    • @belladonnatook8851
      @belladonnatook8851 Месяц назад

      Ancient concept - The Year of Jubilee

  • @SaveEarthPlsBeKind
    @SaveEarthPlsBeKind 4 месяца назад +20

    Wow I will have to watch this again, fascinating, history we were definitely denied in 'school'. Thanks. Hetty Scotland

    • @robinsonerhardt
      @robinsonerhardt  4 месяца назад +1

      thank you hetty!

    • @SaveEarthPlsBeKind
      @SaveEarthPlsBeKind 4 месяца назад +1

      I'll share on twitter...👍

    • @Papawcanner
      @Papawcanner 4 месяца назад

      I review everything Huson does many times . ( A man must know his limitations. )

  • @n8works
    @n8works 4 месяца назад +27

    Let me get this straight? This podcast is two guys talking math after margaritas?!
    My favorite! I'm in!

    • @robinsonerhardt
      @robinsonerhardt  4 месяца назад +2

      niche content

    • @aakashjohari8158
      @aakashjohari8158 4 месяца назад +2

      Not sure why this guy seems to think it was two guys talking, when really it was basically Michael Hudson talking to himself for an hour and a half. Maybe the most insightful comment you had the entire time was a small laugh at his joke about Freud and sex. Other than that you just asked almost exactly the same questions as you did on one of your previous episodes with him. I really have no idea why he keeps coming on to your show, other than because he must realize you have a remedial understanding of his work and Capital.

    • @thisprojectisretired1055
      @thisprojectisretired1055 4 месяца назад

      @@aakashjohari8158me when a podcast host knows less about the economy than an economist who's been doing it for 60 years

    • @kevintewey1157
      @kevintewey1157 4 месяца назад

      It's bad math.Capitalism only works great until you run out of other countries.Money and resources.
      Unfortunately, as much as he and professor wolf are called communists, neither one of them are

  • @UTubeISphere
    @UTubeISphere 4 месяца назад +3

    Wow, just three or four short questions & great listening skills by the host, and the guest lecturing and sharing his sixty plus years of knowledge over the course of ninety minutes!

  • @julians472
    @julians472 4 месяца назад +6

    The genius Michael Hudson!

  • @davidwilkie9551
    @davidwilkie9551 4 месяца назад +13

    Always the best analysis.

  • @lets_discuss5352
    @lets_discuss5352 4 месяца назад +4

    Truly an enlightening and eye-opening conversation with @ProfHudson. Thank you @RobinsonErhardt for this talk. Please continue to bring such enlightening topics to the fore to enable us to know the malaise that afflicts us today, and if we don't course-correct then where we are headed as a country and society. Thank you!

    • @robinsonerhardt
      @robinsonerhardt  4 месяца назад +1

      thank you so much for watching!

    • @lets_discuss5352
      @lets_discuss5352 4 месяца назад

      @@robinsonerhardt Btw, you're a good host allowing the guest to formulate their entire thought and lay it out from the cause to the effect without interruptions. Thank you and keep it up! 🙏

  • @_jamesdphillips
    @_jamesdphillips 4 месяца назад +10

    Great episode. You’re killing it dude!

  • @vusimdudu9033
    @vusimdudu9033 4 месяца назад +5

    I really love listening to the Prof. He makes clear some very difficult concepts, but most of all, he makes it interesting.

    • @jgalt308
      @jgalt308 4 месяца назад

      Which concepts would those be?

  • @borispetrovchich3141
    @borispetrovchich3141 4 месяца назад +2

    Thanks!

  • @zoranpovijac3816
    @zoranpovijac3816 4 месяца назад +18

    What Hudson says at the end is close to Zizek's views on government policies of public well being and reducing the cost of living.

    • @robinsonerhardt
      @robinsonerhardt  4 месяца назад +1

      the colab we've been waiting for

    • @laman012
      @laman012 4 месяца назад

      ​@@robinsonerhardtplease!!!

  • @enriquemartino1986
    @enriquemartino1986 Месяц назад +1

    Thanks

  • @ActiveTravelWestUSA
    @ActiveTravelWestUSA 4 месяца назад +31

    Hudson is so honest and real! What a fresh breeze of air in this world of lies! It’s obvious we could have a planet of peace and happiness but the evil is so real!

  • @vonfloryanzia138
    @vonfloryanzia138 4 месяца назад +2

    Mr. Hudson that was an awesome summation. Much respect to you. You are a diamond in the rough in my view. Keep doing what you're doing.❤

  • @cuttalkradio
    @cuttalkradio 4 месяца назад +22

    10 minutes in, this man is getting straight to the point! Very similar to chomsky's critique of neoliberalism so far, from what I can tell, good stuff robinson!

  • @giovannisposito9846
    @giovannisposito9846 3 месяца назад +1

    Great Hudson!! The greatest honest economist on earth!! Only two of his works have been translated into Italian but that was enough for me to understand who he was!!

  • @WilhelmDrake
    @WilhelmDrake 4 месяца назад +2

    Michael Hudson is, hands down, the world's greatest living economist.

  • @omarei
    @omarei 4 месяца назад +19

    Mr Hudson is a gentleman and a scholar. I usually dont like before watching. But I am probably justified in doing so.

  • @alexissercho
    @alexissercho 4 месяца назад +7

    Great job Robinson.@ your work on formulating the questions.

  • @DHMarepoto
    @DHMarepoto 4 месяца назад +10

    This brilliant man worth his weight in Gold.

  • @truthseeker4841
    @truthseeker4841 2 месяца назад +1

    Great interview. Always something to learn from the deeply knowledgeable Michael Hudson.

  • @CarolPrice4p
    @CarolPrice4p 4 месяца назад +6

    Thanks for this, brilliant jewels of knowledge and learning from Michael, as ever.✔

  • @alexisboucher523
    @alexisboucher523 4 месяца назад +2

    It's refreshing to hear somebody speak about the truth.

  • @user-gl9iz1bp1r
    @user-gl9iz1bp1r 4 месяца назад +5

    War, conflict, and debt are constructs for wealth transfer. Who benefits? Hint - the Bank of England was founded in 1694. Thank you Michael Hudson for your insight, understanding, and objective truthful awareness.

  • @evaldasd2907
    @evaldasd2907 23 дня назад +1

    Takk!

  • @freepeace9067
    @freepeace9067 3 месяца назад +1

    We’re in a space age renaissance. What a time to be alive and here to hear Dr Hudson!

  • @jcf8
    @jcf8 2 месяца назад

    Amazing interview, thank you for having Michael Hudson on the podcast.

  • @evilryutaropro
    @evilryutaropro 4 месяца назад +12

    I’ve been saying this for a long time: if we had a single payer healthcare system we would have a more competitive labor force that has better health and no medical bankruptcies.

    • @a.randomjack6661
      @a.randomjack6661 4 месяца назад +2

      It was the major argument when Quebec got it's single payer healthcare.
      But it slowly turned into a big whatsname for corp. profits

    • @kevintewey1157
      @kevintewey1157 4 месяца назад +1

      Then just go further in support of land reform

    • @deborahdean8867
      @deborahdean8867 4 месяца назад

      I dont see it working. Already today its resulting in coporate run healthcare .

    • @jgalt308
      @jgalt308 4 месяца назад

      First you would need an actual healthcare system...what exists now is the "leading cause of death"...
      and you want everyone to have access to it?

  • @leyniaLip
    @leyniaLip 2 месяца назад

    A free excellent education! Probably available nowhere else. Thank you, Professor Hudson and Mr.Erhardt.

  • @JJ-gp3bo
    @JJ-gp3bo 3 месяца назад +1

    Great Michael Hudson! Thanks Robinson

  • @jaywatanabe4706
    @jaywatanabe4706 Месяц назад

    Millenial American-Canadian here who studied Politics and Economics on the West Coast. I would love to hear about Professor Hudson’s work with what I assume was the Pierre Elliot Trudeau government in the 70’s and early 80’s sometime. An interesting era in Canadian economic history! I’m loving this podcast! Wish I was on Apple podcasts to give you that 5 star rating champ!

  • @DamenJoost
    @DamenJoost 2 месяца назад

    Hudson is amazing. I recommend his website which contains transcripts of a lot of podcasts he does. Rough transcriptions sometimes but usually very informative.

  • @anthonynicoli
    @anthonynicoli 4 месяца назад +3

    So good.
    Thanks for this interview (lecture).

  • @pancakeflux
    @pancakeflux 4 месяца назад

    This was great! Thank you for hosting and sharing with everyone

  • @gingerkilkus
    @gingerkilkus 3 месяца назад +192

    I think we are too obsessed about the economy crashing. In the right sense, the economy never crashes. It just undergoes cycles, and almost always recovers. So I really don't care what the predictions are. I just want to grow my portfolio. I read that people are pulling in massive profits despite the downturn. Any tips on how they do it?

    • @CharlesArthur-fq5sx
      @CharlesArthur-fq5sx 3 месяца назад +6

      I think it's the professionals and those who use their services that are really pulling in the big money right now. There are really advisors that can help you achieve very consistent growth. I have a friend who pulled in more than $94k profit within three months. So you just have to make some research and get one who fits your fin-goal.

    • @AlfredWilliams-ki6ri
      @AlfredWilliams-ki6ri 3 месяца назад +4

      The market will always recover. The goal is to find quality stocks with long term potential. It's hard for the average Joe to do this, because it involves following a lot of industry news, following up with earnings, etc. It's easier to invest through an advisor who knows how stuff works, and make rocket returns.

    • @williamDonaldson432
      @williamDonaldson432 3 месяца назад +3

      Investing in quality stocks with long-term potential is a good strategy, but it can be challenging for the average person to do this on their own. Keeping up with industry news and earnings can be time-consuming and difficult. That's why it's easier to work with an advisor who can help you make informed decisions and potentially achieve high returns.

    • @foreverlaura-fq4eu
      @foreverlaura-fq4eu 3 месяца назад

      @@williamDonaldson432 Impressive can you share more info?

    • @foreverlaura-fq4eu
      @foreverlaura-fq4eu 3 месяца назад +1

      Impressive can you share more info?

  • @soberthinking2102
    @soberthinking2102 4 месяца назад +3

    Economist Michael Hudson is a parragon of wisdom.
    "Wonder leaves enlightened minds, when ignorance no longer blinds." Bk 4: Section V, and Song V: Wonder and Ignorance The Consolation of Philosophy by Anicius Manlius Severinus Boethius (c. 480 - 525)
    "If Plato's teaching errest not, we learn but that we have forgot." Bk 3: Section XI, and Song XI: Reminiscence The Consolation of Philosophy by Anicius Manlius Severinus Boethius (c. 480 - 525)

  • @kamilla1960
    @kamilla1960 4 месяца назад

    Thank you! Nice to see Professor Hudson relaxing with a cool drink!

  • @NoDrizzy630
    @NoDrizzy630 Месяц назад

    I could listen to Michael Hudson all day.

  • @Crytoma
    @Crytoma 4 месяца назад

    Shocked you wormed him out of his room! Thank you for facilitating this interview.

  • @3j-gems
    @3j-gems 3 месяца назад

    What is money? 8th grade teacher gave lesson that it is simply the transfer of value and unless you are an economics major it is not taught in public education.
    Thanks for this Hudson is awesome. I learned something new for a change. So insightful this needs more exposure and media coverage.

  • @josear23
    @josear23 4 месяца назад +9

    His interpretation of history is interesting. He uses the example of the scythe to talk about egalitarianism and limiting the power of the 1%. Aristotle uses that same example to talk about how tyrants (who are the most powerful members of the 1%) can keep power against democratic or oligarchic insurrections.

  • @ByakkoKatana
    @ByakkoKatana 3 месяца назад

    Great interview! Absolutely amazing! Thank you!

  • @joseminesco4245
    @joseminesco4245 4 месяца назад

    Very, very interesting!! Thanks for interviewing this man!

  • @alandoane9168
    @alandoane9168 4 месяца назад

    Wonderful discussion! Imagine if the education system and media were as interested in educating people as the two of you.

  • @judithstapleton74
    @judithstapleton74 4 месяца назад

    Brilliantly helpful! Love Michael. He's an International Treasure❤

  • @AcaveAtiger
    @AcaveAtiger 2 месяца назад

    Big love, Mr. Robinson Erhardt.

  • @lady-bug939
    @lady-bug939 4 месяца назад

    I love listening to Michael Hudson. He is an Amazing person.

  • @JekyllHyde967
    @JekyllHyde967 4 месяца назад

    Always fascinating listening to Michael Hudson.

  • @JonnyD000
    @JonnyD000 4 месяца назад +7

    I've been trying to understand economics the last couple years, and I really like Michael Hudsons work. Also reading David Graeber's Debt: The First 5,000 Years. And lots of marxist things showing so many holes in the mainstream economics/pro capitalism explanations of how an economy works. And one major theme I'm seeing in my reading, is that a lot of the foundations of economics are non-scientific Just-So Stories like what you'd see from a the bad kind of evolutionary biologist. And they're justified by cherry picking the occasions where they work on in favor of the theory and ignore all the situations where the explanations don't match reality.

    • @robinsonerhardt
      @robinsonerhardt  4 месяца назад

      I'm glad you found this!

    • @mikehayne538
      @mikehayne538 4 месяца назад

      Good point. Something shocking I saw was Hitler speech translated by AI. Insane to ever agree with Hitler, but.... People should never be told the anti social concept of hoarding money which causes inflation.

  • @answersquestioned
    @answersquestioned 4 месяца назад

    Well done Robinson, greatly appreciated!

  • @juanvillagomes
    @juanvillagomes 4 месяца назад

    Thank you for such an interesting brief history of economic systems and debt. Please don’t stop, what you do is very important in a society that has such a lack of knowledge, of history, of foundation. And I agree what the world is facing is a civilizational change. For a multipolar, pluricentric, pluri civilizational world

  • @rasmushemse
    @rasmushemse 4 месяца назад

    Great and thought-provoking feature. Thank you.

  • @madelinedelisle5314
    @madelinedelisle5314 3 месяца назад

    FIRST TIME TO SEE THIS SHOW! MY FRIEND WAS RIGHT AND THIS SHOW IS GREAT! WILL BE WATCHING IT NOW!

  • @Gabby-er1sr
    @Gabby-er1sr 4 месяца назад +2

    Freedom's just another word for nothing left to lose . Janice Joplin .

  • @alanchriston6806
    @alanchriston6806 Месяц назад

    This is outstanding
    Michael is a Genius
    Refreshing to listen too
    😊🏴‍☠️

  • @PaulaHawk99
    @PaulaHawk99 3 месяца назад +1

    Caesar would be impressed.
    We're using his Playbook.
    Thank you.

  • @danielfaben5838
    @danielfaben5838 4 месяца назад

    As always, this man is a treasure: experience, wisdom, humor, and integrity all rolled into one package. Given the state of debt and the people who think they will benefit from its continuance, there doesn't seem to be a way out. The obligations can only skyrocket. Any wobble, to say nothing of collapse, at this point will show the folly of our ways as populism and totalitarianism try to hold things together. As the natural world, the source of all wealth, fights back against our predations, be ready to see the shit really hit the fan.