Scott
Verified User
Your Bernie love shows you might be missing the memo on why systems like socialism have tanked throughout history over and over with piles of bodies to prove it.
Socialism is a pretty broad term. From what I've seen, the U.S. has decided to be socialist with the rich in the form of things like bailouts and capitalist for the poor. I made a thread here recently that I think gets into this, as well as the fact that some of the original capitalists were a lot more socialist then people today think they were. It can be seen here:
Just finished reading the article that shares the name of this thread by Michael Hudson, I thought it was very good. It can be seen here:
www.geopoliticaleconomy.report
For those who'd like to know a bit more about the author before reading what he has to say, here's what's at the end of his article:
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Michael Hudson is president of the Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street financial analyst, and distinguished research professor of economics at the University of Missouri...

Michael Hudson: How the Global Majority can free itself from US financial colonialism
Economist Michael Hudson describes how China created an alternative to the Western neoliberal order, and how the Global South can challenge the rent extraction of US-centered financial colonialism.

For those who'd like to know a bit more about the author before reading what he has to say, here's what's at the end of his article:
**
Michael Hudson is president of the Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street financial analyst, and distinguished research professor of economics at the University of Missouri...
- Scott
- europe free trade geopolitical economy report global majority michael hudson natural monopolies rental income united states
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