Listen live 8 to 10 pm Fridays on Revolution.Radio later archived HERE
First hour: CUNY philosophy professor Peter Simpson, author of “Theocracy’s Challenge” and Political Illiberalism, continues last week’s conversation on “debt traps” and discusses the impending fall of the Western neoliberal empire. Is neoliberalism’s achilles heel its financial system, which rewards rent-extracting parasites (like Wall Street) and discourages investment in real infrastructure and goods and services? Is China eclipsing the West because its public banking system rewards real production? As Michael Hudson writes:
“So the question is what kind of financial system are you going to have to back up a central banking system and credit creation? Is credit going to be a public infrastructure enterprise as it is in China, where the banks of China are able to decide who is going to get the loans? A public bank is not going to make corporate takeover loans or loans to corporate raiders. It’s going to make loans to actually increase the tangible economy, not to take it over and turn public infrastructure – the education system, healthcare, transportation and communications – into rent extraction.”
Second hour: Mr. Rho hosts the Crypto Corner and Rho’s Corner shows Mondays and Tuesdays 4 to 5 pm Eastern on Revolution.Radio. We’ll discuss Bitcoin’s surge and other challenges to the mainstream economic paradigm. Halfway though the hour, Wisconsin-based author, lumberjack, and scourge of human sacrifice cultists Homer Van Meter—who just finished my book Truth Jihad—will call in. He just wrote:
“I wouldn’t mind talking about 9/11 and how it relates in the progression of the big lies right up to our current plague of Covid-19. After all, it is patently obvious to the more observant of us that these events unfold in a very carefully planned progression to lead us toward the New World Order’s vision of world domination.”