Killing the Host — Crisis in Perception Deep Dive
Welcome to Crisis in Perception.In this Deep Dive, we explore Killing the Host by economist Michael Hudson — a systemic critique of how modern finance extracts wealth from the productive economy through debt, rent-seeking, and financialization.Hudson uses a parasite–host analogy to explain how banks, bondholders, and the broader FIRE sector (finance, insurance, and real estate) increasingly extract income without contributing to productive growth. He contrasts this with classical economic theory, which treated rent extraction as a cost to be minimized, not a virtue to be maximized.Topics…
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