
newsAug 5, 20241:11:12pending
Debt is political: Why wealth flows from poor to rich
About this episode
How does the structure of the international financial system cause a drain of wealth from the poor to the rich? Political economists Radhika Desai and Michael Hudson discuss the politics of debt.
VIDEO (with the charts): https://www.youtube.com/watch?v=9Bu9dHGRpmE
Read the transcript (with the charts) here: https://geopoliticaleconomy.com/debt-politics-wealth-flow-poor-rich
This is part of the show Geopolitical Economy Hour. You can watch other episodes of the program here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
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