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


  • Letters from Our Readers 
    Jahan Choudhry BAR Comments Editor
    Letters from Our Readers 
    28 Aug 2019
    This week’s letters discuss African-Americans and immigration, Bernie Sanders and the criminal justice system, and Jay-Z’s relationship to the NFL and Colin Kaepernick.  We share your let
  • BAR Book Forum: Zhun Xu’s “From Commune to Capitalism”
    Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: Zhun Xu’s “From Commune to Capitalism”
    28 Aug 2019
    The author argues that decollectivization served as the political basis for the capitalist transition in China.
  • BAR Book Forum: Cheryl R. Rodriguez, Dzodzi Tsikata, and Akosua Adomako Ampofo’s “Transatlantic Feminisms”
    Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: Cheryl R. Rodriguez, Dzodzi Tsikata, and Akosua Adomako Ampofo’s “Transatlantic Feminisms”
    28 Aug 2019
    It is critical for Black feminists to be passionately involved in creating a global community of voices.
  • Neoliberal Capitalism at a Dead End
    Utsa Patnaik and Prabhat Patnaik
    Neoliberal Capitalism at a Dead End
    28 Aug 2019
    Donald Trump’s resort to protectionism is recognition of having reached this cul-de-sac. 
  • The Quiet Death of the “White Bernie Bro” Attack
    Carl Beijer
    The Quiet Death of the “White Bernie Bro” Attack
    28 Aug 2019
    A majority of Sanders supporters are non-white, in contrast to all the other top tier candidates, including Kamala Harris.
  • Load More
Subscribe
connect with us
about us
contact us