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 ...<br><br>together with steven keen, michael hudson is probably my favourite economist,<br>
<br>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 ...<br>
<br>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<br><br>Kevin, you probably know more about� this?<br>
<br>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' ...<br>
<br>Michel<br><br><br><br><div class="gmail_quote">On Wed, Oct 12, 2011 at 8:36 PM, Natalie Golovin <span dir="ltr"><<a href="mailto:10natalie@cox.net">10natalie@cox.net</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt 0.8ex; border-left: 1px solid rgb(204, 204, 204); padding-left: 1ex;">
Hello Peers-I've been following Michael Hudson for a long time. Libertarian<br>
economic ideas are shunned by mainstream candidates & progressives won't<br>
listen with open minds. If you like Hudson & Yves Smith- maybe P2P could<br>
listen more carefully to details put forth by Ron Paul, Ralph Nader, Dennis<br>
Kucinich. Not the panacea you imagine, but much closer to freedom then the<br>
criminals in charge now. Hope you've read "Reckless Endangerment" and<br>
learned how conniving businessmen used affordable housing and were protected<br>
by an aura of political correctness-to build the Fannie/Freddie scheme.<br>
Often regulatory capture is used by the Left to promote equality but the $$$<br>
ends up in the pockets of the liars-posing as liberals.<br>
<div><div></div><div class="h5"><br>
-----Original Message-----<br>
From: <a href="mailto:ideasinc@ee.net">ideasinc@ee.net</a><br>
Sent: Wednesday, October 12, 2011 5:46 AM<br>
To: P2P Foundation mailing list ; <a href="http://toeslist.yahoogroups.com" target="_blank">toeslist.yahoogroups.com</a><br>
Subject: [P2P-F] Michael Hudson video *****<br>
<br>
In this Real New Network interview Michael Hudson has put forth the best<br>
reasoning that I've heard favoring state banking. It is to treat the<br>
entire banking sector as a public utility function only. This brings the<br>
MMT and FF principles for fiscal policy reform into prominence by having<br>
the rest of the necessary reform agenda. Reiteration, a major part of the<br>
problem is the banking culture itself. Shifting that sector primarily<br>
toward functioning as a regulated, public utility. Eliminating the<br>
fractional reserve franchise is another line on a reform agenda.<br>
Re-establishing the debt free supply of currency is another agenda line.<br>
Countercyclical intervention to create jobs is another slice of functional<br>
finance fiscal policies. Repairing, building, and expanding public<br>
infrastructure is another entry.<br>
<br>
<br>
Tadit<br>
<br>
<br>
<br>
<br>
<br>
�<a href="http://ampedstatus.org/michael-hudson-on-occupywallstreet-wall-street-is-a-crime-gang-a-criminal-organization-ows-video/" target="_blank">http://ampedstatus.org/michael-hudson-on-occupywallstreet-wall-street-is-a-crime-gang-a-criminal-organization-ows-video/</a><br>
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