Debt and the Collapse of Antiquity Michael Hudson (pt 1, 2)

We get a first look at the new book by renowned political economist Michael Hudson on the ageold battle between creditors and the real economy. Ancient Rome refused to adopt the practices of debt forgiveness and land redistribution previously understood to be essential. Instead, they instituted a rigid procreditor legal system, assassinating anyone who remotely threatened itincluding Tiberius Gracchus, Julius Caesar, and Jesus. The empire devolved into a rentier economy, ultimately collapsing from within. Today s neoliberal establishment increasingly defends this failed state framework, even as the same disastrous dynamics intensify. To view PART TWO: Please donate at we can t do this without you. To find more interviews with Michael Hudson, here is a link to the series, playlist Come visit us at Sign up for our newsletter: Like us on Facebook: Follow us on: Twitter: Instagram: Linkedin: , PaulJay , theanalysis , history , economy