I had never heard of Prof Hudson until a couple of months ago， when his Super Imperialism The Origin and Fundamentals of US World Dominance came my way。 It blew my mind and I am currently reading The Destiny of civilisation。 Its the most important book on political economy that I've ever read。。。（I'm not an expert） 。。in that it throws light on how the 。001% are leeching the surplus created by productivity。。。the manufacture of widgets and creation of services。。。。by rentierism / the financialisatio I had never heard of Prof Hudson until a couple of months ago， when his Super Imperialism The Origin and Fundamentals of US World Dominance came my way。 It blew my mind and I am currently reading The Destiny of civilisation。 Its the most important book on political economy that I've ever read。。。（I'm not an expert） 。。in that it throws light on how the 。001% are leeching the surplus created by productivity。。。the manufacture of widgets and creation of services。。。。by rentierism / the financialisation of the economy 。 For example In March 2021 the average UK house price was 65 times higher than the average house price in 1970， whereas average wages are only 35。8 times higher。 This has come about because of asset inflation。。。which Piketty brought to public notice a few years back。。。assets， such as land， housing， shares， etc increase far faster than wages， so those who have wealth have greater wealth bestowed on them。Getting my head around the issues raised by Hudson needs a degree of mental gymnastics。 He points out that economic history has mostly been removed from the academic curriculum， so that we are mostly blind as to the road we've travelled to today's economic consensus。 Prof Hudson equates today's rentiers， the 。001% （he refers to the 1%） with the landed gentry and church of pre-revolutionary France， where all surplus created by the peasantry was sequestered as taxation for so that the upper class and clerics could indulge in what was then the equivelent of today's private jets and yachts。 That was the status quo prior to 1789 but the Physiocracy undermined the supporting scaffolding， before the whole shebang collapsed with the revolution。 Hudson is a modern day physiocrat and we need to get his work more widely read。 If anyone would be interested in setting up an zoom discussion group on the issues he raises， how we are all being screwed by the 。001 %， please get in touch with me seanonwye@gmail。com 。。。more