Michael Hudson: Dangerous US Financial Imperialism

Capitalism = economic terrorism

Image by duncan c via Flickr

by Michael Hudson
Writer, Dandelion Salad
February 15, 2019

An interview on Sputnik News – January 23rd.

Professor Hudson, in January you warned in Berlin at the Rosa Luxemburg Conference, about the still “dangerous” US financial imperialism. The US uses “financial weapons”, you said. Can you explain that briefly?

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The Siege of Venezuela and The Travails of Empire by Jim Kavanagh (must-read)

Eva Golinger: Venezuela is in the Center of a Geopolitical Battlefield

Screenshot by Dandelion Salad via Flickr
Watch the video below

by Jim Kavanagh
Writer, Dandelion Salad
The Polemicist
February 14, 2019

Here’s the bullet-point version:

  • It’s imperialism.
  • It’s American imperialism, a bipartisan national project.
  • American imperialism is the global management of capitalist class power.
  • It’s a binary situation in which one side or the other will win via the use and threat of armed force.
  • It’s trouble for Venezuela and for imperialism.
  • There’s no such thing as Progressive Except Imperialism.

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The Venezuelan Myth by Ellen Brown

Hugo Chávez saludando al pueblo

Image by Globovisión via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
February 10, 2019

Modern Monetary Theory (MMT) is getting significant media attention these days, after Alexandria Ocasio-Cortez said in an interview that it should “be a larger part of our conversation” when it comes to funding the Green New Deal. According to MMT, the government can spend what it needs without worrying about deficits. MMT expert and Bernie Sanders advisor Prof. Stephanie Kelton says the government actually creates money when it spends. The real limit on spending is not an artificially imposed debt ceiling but a lack of labor and materials to do the work, leading to generalized price inflation. Only when that real ceiling is hit does the money need to be taxed back, and then not to fund government spending but to shrink the money supply in an economy that has run out of resources to put the extra money to work.

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Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony by Michael Hudson (must-read)

State of the Union

Image by Josh Bartok via Flickr

by Michael Hudson
Writer, Dandelion Salad
February 3, 2019

The end of America’s unchallenged global economic dominance has arrived sooner than expected, thanks to the very same Neocons who gave the world the Iraq, Syria and the dirty wars in Latin America. Just as the Vietnam War drove the United States off gold by 1971, its sponsorship and funding of violent regime change wars against Venezuela and Syria – and threatening other countries with sanctions if they do not join this crusade – is now driving European and other nations to create their alternative financial institutions.

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Eva Golinger: Venezuela is in the Center of a Geopolitical Battlefield

Eva Golinger: Venezuela is in the Center of a Geopolitical Battlefield

Screenshot by Dandelion Salad via Flickr
Watch the video below

Dandelion Salad

goingundergroundRT on Jan 28, 2019

Afshin Rattansi speaks to Eva Golinger about the US’ ongoing attempts at regime change in Venezuela to replace President Nicolas Maduro with Juan Guaido. She discusses the history of US regime change in Veneuela and Latin America, the Maduro premiership and attitudes in Venezuela.

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Why Germany Leads in Renewables: It Has Its Own Green Bank by Ellen Brown

Solar Farm, Brockville Ontario 2014

Image by Jonathan Potts via Flickr

Updated: Feb. 10, 2019 and Feb. 12, 2019

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
January 27, 2019

The Green New Deal endorsed by Alexandria Ocasio-Cortez and more than 40 other US Representatives has been criticized as imposing a too-heavy burden on the rich and upper-middle-class taxpayers who will have to pay for it, but taxing the rich is not what the Green New Deal resolution proposes. It says funding will come primarily from certain public agencies, including the Federal Reserve and “a new public bank or system of regional and specialized public banks.”

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Venezuela Coup Attempt + The US Strategy for Regime Change in Venezuela

Venezuela Coup Attempt + The US Strategy for Regime Change in Venezuela

Screenshot by Dandelion Salad via Flickr
Watch the videos below

with Caleb Maupin
Writer, Dandelion Salad
Caleb Maupin (website)
Caleb Maupin (Facebook Page)
January 24, 2019

Venezuela coup attempt: Trump won’t rule out military response

RT on Jan 24, 2019

Donald Trump officially recognised the opposition leader, Juan Guaido, as Venezuela’s interim president. Venezuela’s president, Nicolas Maduro, has severed diplomatic ties with the U.S., accusing it of trying to stage a coup in his country.

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Ending Capitalism Is Not Enough by Eric Schechter

San Francisco - Telegraph Hill: Coit Tower - Industries of California

Image by Wally Gobetz via Flickr

by Eric Schechter aka LeftyMathProf
Writer, Dandelion Salad
Eric’s Rants and Videos blog
January 22, 2019

leftymathprof on Jan 21, 2019

The world is falling apart, and reforms won’t suffice. “End capitalism” is a good start, but ultimately too simple an explanation. We need to end authoritarianism, hierarchy, property, competition, productivism, and separateness, by seeing them more clearly and talking about them. Replace hierarchy with horizontalism, property with sharing, competition with cooperation, productivism with ecological awareness, separateness with empathy.

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Chris Hedges and Charlie LeDuff: Shitshow: The Country’s Collapsing and the Ratings Are Great

#occupyboston

Image by Chase Elliott Clark via Flickr

Dandelion Salad

with Chris Hedges

RT America on Jan 12, 2019

Societies are held together by a web of social bonds that give individuals a sense of being part of a collective and engaged in a project larger than the self. The shattering of these bonds plunges individuals into deep psychological distress that leads ultimately to acts of self-annihilation, according to sociologist Emile Durkheim. Few reporters have examined this anomie better than Charlie LeDuff, first in his book Detroit, and now in his latest book Shitshow: The Country’s Collapsing and the Ratings Are Great. LeDuff joins Chris Hedges in the studio.

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Chris Hedges: America, the Land of the Desperate and Doomed, interviewed by Greg Palast

capitalism

Image by Mary Crandall via Flickr

with Greg Palast
Writer, Dandelion Salad
Greg Palast’s website
January 5, 2019

with Chris Hedges

from KPFK on October 18, 2018

KPFK Speaker Series featured one of the most sought-after speakers of our time! Chris Hedges who spoke about his new book, America: The Farewell Tour, where he argues that neither political party, now captured by corporate power, addresses the systemic problem. A bitter cry reported from communities across the country, America: The Farewell Tour seeks to jolt us out of our complacency while there is still time.

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How We Pay For Medicare For All

Medicare for All Rally

Image by Molly Adams via Flickr

Dandelion Salad

TheRealNews on Dec 29, 2018

Prof. Robert Pollin and Michael Lighty discuss the findings of a new study by the Political Economy Research Institute at UMass Amherst. The study finds Medicare for All could reduce total healthcare spending by 10 percent, while creating stable access to good care and improving the health of all U.S. residents.
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Why A Universal Basic Income Need Not Be Inflationary by Ellen Brown

Demonstration BGE

Image by Generation Grundeinkommen via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
December 29, 2018

Calls for a Universal Basic Income have been increasing, most recently as part of the Green New Deal introduced by Rep. Alexandria Ocasio-Cortez (D-NY) and supported in the last month by at least 40 members of Congress. A Universal Basic Income (UBI) is a monthly payment to all adults with no strings attached, similar to Social Security. Critics say the Green New Deal asks too much of the rich and upper-middle-class taxpayers who will have to pay for it, but taxing the rich is not what the resolution proposes. It says funding would primarily come from the federal government, “using a combination of the Federal Reserve, a new public bank or system of regional and specialized public banks,” and other vehicles.

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Peter Phillips: The Global Power Elite: A Transnational Class

Capitalism Kills

Image by Infinite Ache via Flickr

Dandelion Salad

TheRealNews on Dec 26, 2018

Peter Phillips, the author of the book, “Giants: The Global Power Elite,” examines the roles and networks of the world’s richest and most powerful. This class is no longer bound to national concerns, only to the expansion of its own power, says Phillips.

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The Yellow Vests and the Left by Jim Kavanagh + Yellow Vests Shift to the Left

Paris, 08/12/18 - Gilets jaunes "acte 4"

Image by Olivier Ortelpa via Flickr

by Jim Kavanagh
Writer, Dandelion Salad
The Polemicist, Dec. 19, 2018
December 21, 2018

Something’s happening here…

Class Act

The “yellow vest” (gilets jaunes) movement has upended French politics, at least.

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