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 age-old 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 pro-creditor legal system, assassinating anyone who remotely threatened it--including 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 #