A Quote by Michael Hudson
So the political choice today is much like the 1930s, when the global economy also broke down. The choice is between nationalism and populism on the right, or socialism reviving what used to be left-wing politics.
Related Quotes
There are two forms of populism, left-wing populism and right-wing populism. Right-wing populism requires the denigration of an "Other." Left-wing populism tends to be about the haves and have-nots.
I call both the left and right wings socialism. And today, the right-wingers love to think that they're capitalists, or free enterprisers, or what not. No they're not! The correct name for this is left-wing socialism or right-wing socialism - and both wings are on the same bird.
There'll be a growing disparity between economics and politics. An economy that grows so rapidly is intractably global. On the other hand, the current political system is intractably national. So there is a growing dichotomy between a global economy and locally based politics.
We mustn't fear to adopt the advanced management methods applied in capitalist countries. The very essence of socialism is the liberation and development of the productive systems. Socialism and market economy are not incompatible. We should be concerned about right-wing deviations, but most of all, we must be concerned about left-wing deviations.
The old 20th-century political model of Left vs. Right is now basically irrelevant, and the real divide today is between global and national, global or local. All over the world, this is not the main struggle.
I wouldn't want the country to be faced with a choice in 2024 between a discredited Conservative party that has inflicted unnecessary destruction on our economy versus a semi-Marxist Labour party. People would be left with such a terrible choice.
This Budget reflects a choice - not an easy choice, but the right choice. And when you think about it, the only choice. The choice to take the responsible, prudent path to fiscal stability, economic growth and opportunity.
Donald Trump is using an age-old trick of right wing populism, much like George Wallace, much like Joe McCarthy, Pitchfork Ben Tillman who in the 1880s and `90s was a rabid hateful racists who whipped up hate and hysteria for his own political benefit.
In politics we face the choice between warmongering, nation-state loving, big-business agents on one hand; and risk-blind, top-down, epistemic arrogant big servants of large employers on the other. But we have a choice.
It's ironic that socialism and similar left-wing ideas appeal to people who fashion themselves as 'anti-establishment,' when you can't have socialism without political repression.
I made the choice to have the double mastectomy, and for me it felt like the right choice, and it turned out to be the right choice.
Retirement shouldn't be making the choice between buying much-needed medication or putting food on the table; making the choice between heating an apartment in the cold winter months or paying rent; making the choice between paying a phone bill or seeing a doctor.
I had been a radical, a left-wing politico, and meeting the Indian people made me realize that the politics of the left and the right were so much less important than the politics of the heart and the spirit.
The trouble with politics and political coverage today is that there's too much liberal bias.... There's too much tilt toward the left-wing agenda. Too much apology for liberal policy failures. Too much pandering to liberal candidates and causes.
You get these insurgent movements of populism, left and right. An insurgent movement of populism took my political party over in the UK for example.
It is hard to imagine a choice more stark than the choice between Reince Priebus, the chairman of the Republican Party, a clear establishment figure, and Stephen Bannon, a leader of the right-wing, the guy - Breitbart News Network, somebody who spent most of the time beating up on the Republican establishment.
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