Michael Hudson and Steve Keen: The Federal Reserve, the Constitution, and the End of US Hegemony

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Yves here. Readers are likely to very much enjoy this talk among Michael Hudson, Steve Keen, and their host at Class Unity. This discussion takes big historical sweep and includes how the Constitution’s defects, which were not entirely accidental, produced and reinforced the elite-favoring system now, despite its advocacy of democracy. Per Animal Farm, “All animals are equal, but some are more equal than others.” This conversation also highlighes the very destructive legacy of Alan Greenspan, with some telling insider detail on his less-than-stellar reputation before he landed his Fed post. I hate to feel compelled to quibble, but YouTube…

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