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

[Michel Bauwens]

I was not aware of that, as they don't seem to use the concept in any overt
way in the material I have seen,

Michel

On Thu, Oct 13, 2011 at 5:30 PM, <ideasinc at ee.net> wrote:

> Michael Hudson and Steven Keen (student of Hyman Minsky as was Randall
> Wray) are both MMT economists. Hudson also includes the anti-imperial
> slice and Georgist economics which covers local taxation issues. If you
> listen carefully to the video he re-frames the state banking concept into
> the larger agenda of MMT/FF reforms. In this particular interview he goes
> deeper into the forensic aspect of Wall Street Fraud. The top expert in
> the US on financial sector crime is William Black who is also at UMKC.
> Hudson is the distinguished professor of economics for the UMKC Econ.
> Department which is the strongest academic department in the world for
> MMT/FF economics.
>
>
>
>
>
> On Wed, 12 Oct 2011 14:54:26 -0400, Michel Bauwens
> <michel at p2pfoundation.net> wrote:
>
> > 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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> >
> >
>
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