CounterPunch: Michael Hudson and Chris Hedges Discuss the Great Ponzi Scheme of the US and Global Economies

The Great Ponzi Scheme of the Global Economy So we’ve turned the post-war economy that made America prosperous and rich inside out. Somehow most people believed they could get rich by going into debt to borrow assets that were going to rise in price. But you can’t get rich, ultimately, by going into debt. In …

Chris Hedges: Karl Marx Was Right

Karl Marx Was Right On Saturday at the Left Forum in New York City, Chris Hedges joined professors Richard Wolff and Gail Dines to discuss why Karl Marx is essential at a time when global capitalism is collapsing. These are the remarks Hedges made to open the discussion.