Challenging the Model of the North
Where is the World Economy Headed?By MICHAEL HUDSON
Last Thursday Michael Hudson addressed the Council of Economic Advisors to the President of Brazil (CDES) . He offered an unsparing description of how the global economy is being shaped and exploited by Northern bankers. Then he outlined the ways in which Brazil and other major “BRIC” economies – Russia, Chinas, India – can steer an independent path and thus preserve and improve their nations’ condition . CounterPunch is delighted to feature here Dr Hudson’s very striking address. AC/JSC
Toward what goal is the world economy steering?
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