In his new book, “Killing the Host,” Hudson hones an exquisitely gripping journey from Wall Street’s original role as capital allocator to its present-day parasitism that has replaced U.S. capitalism as an entrenched, politically-enforced economic model across America.What Martens and Hudson and other such critics fail to understand and are concerned about is that we live in a system called capitalism which inevitably results in the accumulation of wealth by a tiny group of capitalists amid billions of poor, and such a system cannot sustain societies or their economies. It's not because of "greed" or parasites--it is endemic to the system of capitalism. It is only now when middle class people (people with retirement plans) are being adversely affected that liberal critics are alarmed.
This book is a must-read for anyone hoping to escape the most corrupt era in American history with a shirt still on his parasite-riddled back.
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Monday, August 31, 2015
Michael Hudson’s New Book: Wall Street Parasites Have Devoured Their Hosts — Your Retirement Plan and the U.S. Economy
Click here to access a book review by Pam Martens from Wall Street on Parade.