Black Agenda Report
Black Agenda Report
News, commentary and analysis from the black left.

  • Home
  • Africa
  • African America
  • Education
  • Environment
  • International
  • Media and Culture
  • Political Economy
  • Radio
  • US Politics
  • War and Empire

Michael Hudson on Fictictious Capital, Interviewed by Max Keiser
Michael Hudson
01 Aug 2012
🖨️ Print Article

by Michael Hudson

When crooked bankers make loans against non-existent assets there are two names for the practice. One is "investment banking". The other is the f-word, "fraud".

Do you need and appreciate Black Agenda Report articles? Please click on the DONATE icon, and help us out, if you can.


More Stories


  • BAR Book Forum: Derrick White’s “Blood, Sweat, and Tears”
    Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: Derrick White’s “Blood, Sweat, and Tears”
    30 Oct 2019
    The inequitable power relations, in terms of race, in college sports is a byproduct of weakening of HBCU sports through desegregation.
  • Surviving Until the Revolution Comes
    Mark P. Fancher
    Surviving Until the Revolution Comes
    30 Oct 2019
    The non-profit industrial complex makes it possible for the capitalist class to not only contain the revolution, but to shut down revolution altogether.
  • Striking Chicago Teachers Refused to Give in, Condemn Mayor’s Austerity Budget
    Peoples Dispatch Staff
    Striking Chicago Teachers Refused to Give in, Condemn Mayor’s Austerity Budget
    30 Oct 2019
    Chicago’s teachers are demanding the city fund social supports for communities, as well as teachers, but the mayor is crying broke.
  • GM Workers Ratify Contract Though "Mixed at Best"
    by Chris Brooks, Jane Slaughter
    GM Workers Ratify Contract Though "Mixed at Best"
    30 Oct 2019
    The strike failed to dismantle GM’s multi-“tiered” labor system, or to forestall plant closings.
  • Unpacking The Super Exploitation of Black Women
    Erica Caines
    Unpacking The Super Exploitation of Black Women
    30 Oct 2019
    The liberal misinterpretation of identity politics, that favors progressive neoliberals, has dismissed the innate radicalism of a workers centered Black feminism.
  • Load More
Subscribe
connect with us
about us
contact us