this post was submitted on 05 Apr 2024
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chapotraphouse
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The capitalist class drank their own neoliberal Kool Aid, and now the country is deindustrialized and debt-ridden due to the financialization of everything.
Michael Hudson: Killing the Host: How Financial Parasites and Debt Destroy the Global Economy (PDF)
CounterPunch book review: How Wall Street Parasites Have Devoured Their Hosts, Your Retirement Plan and the U.S. Economy