Resumen de Neofeudalism: Comments on Radhika Desai’s “What’s in a Name?”

Michael Hudson

• Radhika Desai and I have worked together for more than a decade tracing the long detour of Western economies away from how Marx and his contemporary economists expected the industrial capitalism to evolve. Something obviously has gone wrong with today’s capitalism. What should we call it? We each have our own views on what terminology best characterizes the economic dy- namics at work.