Michael Hudson on Land, Banking and Socialism

[AuBull]

Luther Blissett said:

Relevant video
https://renegadeinc.com/j-is-for-junk-economics/

Interesting. Should we be surprised? When you strip away the left/right bullst, you arrive at destination : yes please, yes thanks....

[edh]

Luther Blissett said:

Relevant video
https://renegadeinc.com/j-is-for-junk-economics/

Very good - a touch hyperbolic though.. Like all economists he's very certain he's right..

I liked his comments on "free markets" and how this has been distorted over time.

[nikaiyo2]

Isn't taxation the biggest rent seeking we are subjected to?

[edh]

nikaiyo2 said:

Isn't taxation the biggest rent seeking we are subjected to?

No

Could you explain why you think taxation is economic rent? (perhaps after watching Michael Hudson who explains it quite clearly)