pp 418-419
Dr. Michael Hudson, KILLING THE HOST: HOW FINANCIAL PARASITES AND DEBT BONDAGE DESTROY THE GLOBAL ECONOMY, Islet 2015
“There are essentially two types of society: mixed economies with public checks and balances, and oligarchies that dismantle and privatize the state, taking over its monetary and credit system, the land and basic infrastructure to enrich themselves but choking the economy, not helping it grow.”
Source: The Destiny of Civilization https://michael-hudson.com/2022/05/the-destiny-of-civilization/, May 15, 2022
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Michael Hudson (economist) 13
American economist 1939Related quotes
“The international monetary system is the glue that binds national economies together.”
Source: Globalizing Capital (2008), Chapter 1. Introduction
Source: Global Shift (2003) (Fourth Edition), Chapter 13, The Financial Services Industries, p. 437
“What does it matter if China’s economy grows when there are no basic protections for its citizens?”
2000-09, An Artist’s Ordeal. 2009
[2009-12-18, Backlash boots Palin from hospital fundraising, Toronto Sun, http://www.torontosun.com/news/world/2009/12/18/12204771-qmi.html]
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After the Revolution? (1970; 1990), Ch. 4 : From Principles to Problems
“the commitment needs to be a commitment to grow the economy and the budget will balance itself”
a week before 18 February 2014 https://www.macleans.ca/politics/justin-trudeaus-sunny-ways/ per Aaron Wherry of Macleans
Source: Capitalism and Modern Social Theory (1971), p. 14 (Quote is from Marx, Early Writings (1964), p. 148).
In the Alliance magazine (December/January 1982–3).