Comments by "L.W. Paradis" (@l.w.paradis2108) on "Left Out: Michael Hudson on Junk Economics" video.

  1. Adam Smith warned about rents: i.e., unearned income. (!!!) (How did we fall so far?) (Never mind.)
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  2. Adam Smith also warned about privatization of the commons, and about the nature of neo-feudalism. Smith said that only the dishonest machinations of the neo-feudal class could prevent the Invisible Hand from operating to create optimal markets. He never said nothing could interfere with "magic" of the Invisible Hand. We are so far below Smith, much less Marx.
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