Michael Hudson: A Philosophy for a Fair Society

Economic Warfare

Image by Truthout.org via Flickr

by Michael Hudson
Writer, Dandelion Salad
June 28, 2022

Shepheard-Walwyn Publishers on Jun 16, 2022

Welcome to the Shepheard Walwyn podcast and a two part interview with Michael Hudson, perhaps to the world’s most influential (but rarely acknowledged) economist. Michael has had a remarkable career starting off as a practical or reality-based economist working for a variety of institutions looking and how banks really behave.

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The Continuing Damages from Corporate-Managed so-called Free Trade, by Ralph Nader

Greed!

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Dandelion Salad

by Ralph Nader
The Nader Page, June 24, 2022
June 26, 2022

The great progressive Harvard economist and prolific best-selling author, John Kenneth Galbraith, wrote that “Ideas may be superior to vested interest. They are also very often the children of vested interest.” I wished he had written that assertion before I took Economic 101 at Princeton. One of the vested ideas taught as dogma then was the comparative advantage theory developed by the early 19th-century British economist, David Ricardo. He gave the example of trading Portuguese wine for British textiles with both countries coming out winners due to their superior efficiencies in producing their native products.

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The Fed’s Austerity Program to Reduce Wages, by Michael Hudson

class warfare

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by Michael Hudson
Writer, Dandelion Salad
June 20, 2022

To Wall Street and its backers, the solution to any price inflation is to reduce wages and public social spending. The orthodox way to do this is to push the economy into recession in order to reduce hiring. Rising unemployment will oblige labor to compete for jobs that pay less and less as the economy slows.

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Capitalism Is Working As Intended: The Madness of Capitalist Inequality, by Pete Dolack

"Smash Capitalism" - Student protests - Parliament Square, London 2010

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by Pete Dolack
Writer, Dandelion Salad
Systemic Disorder, June 15, 2022
June 19, 2022

Many well-meaning people lament that our economic system is “not working.” But that isn’t true if we apply some historical context. What has capitalism wrought since its earliest days?

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The Chris Hedges Report: The Rise of Authoritarianism in the US and Around the Globe, with Vijay Prashad

Graffiti on the wall with the message "Fight Fascism"

Image by Ivan Radic via Flickr

Dandelion Salad

with Chris Hedges and Vijay Prashad

TheRealNews on Jun 17, 2022

Chris Hedges speaks with historian Vijay Prashad on the rise of authoritarianism in the US and around the globe and what we must do to fight back.

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Will Griffin: 4 Characteristics of the Current Phase of Imperialism

Smash Imperialism!

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by Will Griffin
Writer, Dandelion Salad
June 14, 2022

The Peace Report on Jun 8, 2022

In the previous video, we discussed how the capitalist-imperialist system developed over the past century. Today, in the current phase, we will discuss its 4 main characteristics, as laid out by Pao-Yu Ching in the highly recommended book, Lenin’s Imperialism in the 21st Century published by the Institute of Political Economy.

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Will Griffin: Imperialism After Lenin

Lenin's Statue in Star City, Russia

Image by Stephanie Stoll/NASA Johnson via Flickr

by Will Griffin
Writer, Dandelion Salad
April 12, 2022

“Studying the contemporary expressions of monopoly-capitalism’s key features shows that the logic and dynamic of the monopoly capitalist system remains fundamentally unchanged from Lenin’s time. However, it shows that the forms and means of exploitation and oppression that characterize imperialism have evolved and intensified.” — Paul Quintos

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Corporate Media Ignores Senate Hearing on Corporate Greed and Inflation, by Ralph Nader

Protest Sign06

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Dandelion Salad

by Ralph Nader
The Nader Page, April 8, 2022
April 9, 2022

It is exceedingly rare for a major congressional committee to hold hearings on “corporate greed” leading to corporate profiteering and surging prices on consumer goods. On April 5, 2022, Senate Budget Chairman, Senator Bernie Sanders (I-VT) chartered uncensored territory on corporate avarice with a lead witness, former Secretary of Labor, Robert Reich, now a professor at the University of California, Berkeley.

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Commercial Defrauding of Uncle Sam—Biggest Booming Business, by Ralph Nader

Protest Sign06

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Dandelion Salad

by Ralph Nader
The Nader Page, Mar. 18, 2022
March 31, 2022

The biggest business in America is stealing and defrauding the federal government, Uncle Sam and you the taxpayers. In terms of sheer stolen dollars, the total amount is greater than the annual sales of Amazon and Walmart over the past two years.

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Michael Hudson and Patrick Bond: Is China Socialist or State Capitalist? + Is China’s Trade Predatory or for Mutual Benefit?

China Industry

Image by AK Rockefeller via Flickr

by Michael Hudson
Writer, Dandelion Salad
March 29, 2022

theAnalysis-news on Mar 14, 2022

Will China resist financialization and lead the way on climate policy, or is it a form of capitalism that will not reduce inequalities much further and isn’t serious about phasing out fossil fuel? Michael Hudson and Patrick Bond in a discussion about what we can expect from the CCP.

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U.S. Spends Billions on War in Ukraine and the Working Class Pays the Price, by Natalia Marques

WAR IS GREED

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Dandelion Salad

by Natalia Marques
Struggle ★ La Lucha
March 28, 2022

The largest national defense budget in the world just got larger. Earlier this month, the United States Congress passed $728.5 billion in discretionary funding for the Department of Defense for the 2022 fiscal year, a sharp 5% increase from the previous year. The budget contains a plan for $13.6 billion in aid to Ukraine for the Russia–Ukraine war.

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Russia’s Role in the Ukraine Conflict, by Yanis Iqbal

22-02-05 08 Say No War

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by Yanis Iqbal
Writer, Dandelion Salad
Aligarh, India
March 27, 2022

On March 21, 2022, Gilbert Achcar – a Professor at SOAS University of London – published a note on the Russia-Ukraine conflict, openly wishing for a North Atlantic Treaty Organization (NATO) victory. He enthusiastically expressed his support for Western arms deliveries to Ukraine and Western sanctions against Russia, which not only impact the well-being of the Russian people by blocking access to imported items but also plunder economic resources via the seizure of assets belonging to the sanctioned country. Achcar explained his full-blown pro-NATO advocacy by making vague references to “Russian imperialism”, which he considers to be worse than Western imperialism. Again, this judgement, too, is left unexplained; it is only garnished with a useless analogy pompously proclaiming the West’s “vassalization” of Ukraine to be “incomparably preferable” to Russia’s “enserfment” of the country.

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Will Griffin: Understanding Imperialism: One Divides Into Two

Will Griffin: Understanding Imperialism: One Divides Into Two

Screenshot by Dandelion Salad via Flickr

by Will Griffin
Writer, Dandelion Salad
March 24, 2022

“So what is imperialism? On the surface it may seem relatively easy to understand: a big powerful evil nation dominates a small weak innocent nation. But when we dig deeper imperialism becomes a complex system to understand. A wide variety of concepts frameworks and philosophies are used by different groups of people to understand this system of domination.

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Michael Hudson: Sanctions: The Blowback

Economic Warfare

Image by Truthout.org via Flickr

by Michael Hudson
Writer, Dandelion Salad
March 23, 2022

Ross [00:00:29] Welcome to Renegade Inc. Whatever the outcome in Ukraine, one thing is for sure the economic reverberations will be felt by everyone for years to come as the world divides between the West and a rapidly reshaping Eurasia.

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The American Empire Self-destructs, by Michael Hudson

Smash US Empire

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by Michael Hudson
Writer, Dandelion Salad
March 8, 2022

But nobody thought that it would happen this fast.

Empires often follow the course of a Greek tragedy, bringing about precisely the fate that they sought to avoid. That certainly is the case with the American Empire as it dismantles itself in not-so-slow motion.

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