Truthdig - Tag - Rentier Class

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Tag: Rentier Class

walknboston (CC BY 2.0)

How the Rentier Class Cannibalizes the Economy

By Michael Hudson, ISLET —

Rather than mobilizing savings to fund new industries, the banking system that comprises the financial, insurance and real estate sectors merely loads the economy down with debt.

Posted on Jan 11, 2013 READ MORE

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