Finance Capitalism vs. Industrial Capitalism, by Michael Hudson

Unz Review

Summary[1a] Marx and many of his less radical contemporary reformers saw the historical role of industrial capitalism as being to clear away the legacy of feudalism – the landlords, bankers and monopolists extracting economic rent without producing real value. But that reform movement failed. Today, the Finance, Insurance and Real Estate (FIRE) sector has regained…Read full article at The Unz Review

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