[P2P-F] Michael Hudson video *****

Wed Oct 12 20:54:26 CEST 2011

big differences between ron paul and ralph nader/ kucinich on the other
hand, but glad to hear they have found common ground that brings us forward
...

together with steven keen, michael hudson is probably my favourite
economist,

I would characterise the latter as a left libertarian, and he has certainly
nothing to do with anarcho-capitalism; I think he calls himself a 'Georgist
economist' .. I would think people like him are for a progressive
smallholder-based market system, with very strong egalitarian impuses ...

Please don't see this as a mere exercise in labelling, worldviews and
perspectives are important, to find common ground it also helps when you
know where the other is coming from

Kevin, you probably know more about  this?

Martin, is a public utility necessarily centralized (or undemocratic ), I
don't think so; of course, even if it were, we should not automatically
fetishize distributed structures ... it's a question of balance or
'subsidiarity' ...

Michel

On Wed, Oct 12, 2011 at 8:36 PM, Natalie Golovin <10natalie at cox.net> wrote:

> Hello Peers-I've been following Michael Hudson for a long time. Libertarian
> economic ideas are shunned by mainstream candidates & progressives won't
> listen with open minds. If you like Hudson & Yves Smith- maybe P2P could
> listen more carefully to details put forth by Ron Paul, Ralph Nader, Dennis
> Kucinich. Not the panacea you imagine, but much closer to freedom then the
> criminals in charge now. Hope you've read "Reckless Endangerment" and
> learned how conniving businessmen used affordable housing and were
> protected
> by an aura of political correctness-to build the Fannie/Freddie scheme.
> Often regulatory capture is used by the Left to promote equality but the
> $$$
> ends up in the pockets of the liars-posing as liberals.
>
> -----Original Message-----
> From: ideasinc at ee.net
> Sent: Wednesday, October 12, 2011 5:46 AM
> To: P2P Foundation mailing list ; toeslist.yahoogroups.com
> Subject: [P2P-F] Michael Hudson video *****
>
> In this Real New Network interview Michael Hudson has put forth the best
> reasoning that I've heard favoring state banking. It is to treat the
> entire banking sector as a public utility function only. This brings the
> MMT and FF principles for fiscal policy reform into prominence by having
> the rest of the necessary reform agenda. Reiteration, a major part of the
> problem is the banking culture itself. Shifting that sector primarily
> toward functioning as a regulated, public utility. Eliminating the
> fractional reserve franchise is another line on a reform agenda.
> Re-establishing the debt free supply of currency is another agenda line.
> Countercyclical intervention to create jobs is another slice of functional
> finance fiscal policies. Repairing, building, and expanding public
> infrastructure is another entry.
>
>
> Tadit
>
>
>
>
>
>
> http://ampedstatus.org/michael-hudson-on-occupywallstreet-wall-street-is-a-crime-gang-a-criminal-organization-ows-video/
>
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