The Future of Capitalism: Neo Feudalism? Panel 4: Radhika Desai and Michael Hudson 

My favorite geopolitical economic nerds!

Why couldn't high-school be this interesting?

*BOTH PEOPLE WERE FASCINATING* utterly brilliant.

Insightful

Sadly so many progressive events are marred by technical issues. Often wondered why this is. Great content however

Prof. Desai makes an important point that Marx saw capitalism as progressive because, however crudely, it was socializing labor i.e. building a world of collective production and labor empowerment as opposed to feudal production for individual subsistence and aristocratic aggrandizement. This is the sense in which to understand "socialism" at its historical origins. Socialism is a project based on the socialization of labor and collective ownership based on political recognition of this ideology of industrial labor. I would argue from this premise that socialism's historical failure was a failure of industrial ideology, but that doesn't mean the socialization of labor cannot take new non-industrial forms, even semi-market forms based on reforms in how property rights function, opening up private property to public claims without having to abolish private property rights altogether.

“Today is already the tomorrow which the bad economist yesterday urged us to ignore” -Henry Hazlitt. This lady is out of her mind and emotional. What is her interest? the greater universe? No. Is it for the community? Doubt it. Is it for herself? Maybe. Is it from envy, hatred, and irrationality? Yes.

Does Radhika Desai offer any analysis of China's growing billionaire class? Growing class divide? If not why?

The amount of books she must have read

Very interesting

26:00 Wierguild

undying love for the sound of her own voice