Michael Hudson: Changes in Superimperialism: The Position of the USA and China in our Global Economic System

China Industry

Image by AK Rockefeller via Flickr

by Michael Hudson
Writer, Dandelion Salad
February 10, 2021

Oxford Economics Society on Jan 23, 2021

Nearly 50 years after the original publication of “Superimperialism”, Michael Hudson revisits how the lucrative dollar-based economic system that the US set up after WWII has evolved with the rise of China and the Covid-19 pandemic. What financial weapons is the US likely to use, and does China’s de-dollarisation protect it from such attacks?

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