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Michael Hudson: Finance Capitalism vs. Industrial Capitalism – The Rentier Resurgence and Takeover

Yves here. This is another tour de force from Michael Hudson, derived from a paper he presented in early January at the UPRE session during the annual ASSA meeting. This time he turns from his recent focus on the economically destructive but oligarchy-advancing practice of sanctifying debt to another favorite topic, the evolution of capitalism. Hudson looks from the early Industrial Revolution onward and demonstrates that the dominance of financial capital over industrial capital was neither th...
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These two Black designers designed US Vice President Kamala Harris' inauguration dress

These two Black designers designed US Vice President Kamala Harris inauguration dress Kamala Harris made history on January 20 by becoming the first woman, the first Indian-American, and the first Black Vice-President of the US. Kamala Harris chose to wear a dress designed by two Black designers. (Image: Reuters) Share Updated: Jan 21, 2021, 12:06 PM IST The newly minted Vice-President of the United States chose to wear a dress designed by two Black designers for h...
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