The main engine of economic exploitation is the financial system's ever increasing extraction of value through interest payments, according to economist Michael Hudson. Paul Craig Roberts finds his analysis all too accurate, as the over-financialized economies of western countries head down a spiral of poverty, decline, injustice and despair.
Journalism in the United States is a dying profession, says Paul Craig Roberts, recipient of the International Award for Excellence in Journalism 2015. Corrupted by corporate wealth and power, and intimidated by a repressive state, the mainstream media have assumed a new role as messengers of fear, hatred and naked aggression that's driving the world to nuclear war.