Killing The Host by Michael Hudson
How Financial Parasites and Debt Bondage Destroy the Global Economy
A critical examination of how the modern finance sector has become a parasitic force that extracts income through interest, fees and rents, transforming productive activity into debt servitude and concentrating wealth in the hands of creditors. The book traces historical shifts toward rentier capitalism, explains how predatory lending, financial engineering and tax policies encourage speculation and debt bubbles, and shows how this dynamic undermines investment, wages and democratic governance. It argues for policy remedies such as debt relief, taxing unearned financial and land rents rather than labor, tighter banking regulation and measures to restore a more productive, equitable economy.
- Published
- 2015
- Nationality
- American
- Length
- Unknown
- Pages
- Unknown
- Original Language
- English
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- Alternate Titles
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