Richard Wolff: The Economics of the War and the Crisis Ahead

"SMASH CAPITALISM"

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Dandelion Salad

“We have, after World War II, systematically destroyed the Left: Communists, Socialists, Marxists, Anarchists, Labor Union activists, all of it. It is logical and not a surprise that an angry American working class goes to the right, it looks to the right to give them the explanation.” — Richard Wolff

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Michael Hudson and Ralph Nader: The Real Purpose of The Federal Reserve

Capitalism Kills

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by Michael Hudson
Writer, Dandelion Salad
September 29, 2022

Ralph Nader Radio Hour on Sep 17, 2022

Ralph does a deep dive into the real purpose of the Federal Reserve and other aspects of the American economy with progressive economist, Michael Hudson.

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Michael Hudson: A Short History of Inflation in Modern Times

For All Debts...

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by Michael Hudson
Writer, Dandelion Salad
September 14, 2022

Multipolarista on Sep 8, 2022

Economist Michael Hudson discusses partial student debt relief in the US, inflation and the Fed, disaster capitalism in Ukraine, and China’s challenge to the petrodollar.

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Yes, Gorbachev Was A Failure But Other Hands Helped Bring Down The Soviet Union, by Pete Dolack

Михаи́л Серге́евич

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by Pete Dolack
Writer, Dandelion Salad
Systemic Disorder, Sept. 7, 2022
September 8, 2022

The reasons for the fall of the Soviet Union are myriad and can’t be laid solely at the feet of one person. Mikhail Gorbachev is widely despised by Russians as well as by activists and partisans of the Left. There are good reasons for that. It is impossible to imagine the collapse of a superpower and the catastrophic effects of imposing capitalism via “shock therapy” that immiserated a vast country without him.

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Capitalism Is Destroying Us

Bollards To Everything

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Dandelion Salad

Second Thought on Aug 26, 2022

It’s never good to hear the words “total societal collapse” from a scholarly paper, but that’s exactly the phrasing used in the new UN climate report.

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Labor Day: The Unknown Holiday, by Walter Brasch

January 19, 1909 LC-DIG-nclc-01581

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by Walter Brasch
Writer, Dandelion Salad
Originally published Sept. 7, 2009
September 5, 2022

It’s Labor Day, and that means millions of Americans are celebrating. Most Americans have no idea what Labor Day is, other than self-serving political speeches, hot dogs, burgers, a pool party, and the last day of a three-day holiday. Few even know that Labor Day exists to allow people to remember and honor the struggles for respect, dignity, and acceptable wages and working conditions for the rank-and-file employees.

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The Financial Industry Is A Lot Bigger Than A Giant Vampire Squid, by Pete Dolack

Vampire Squid

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by Pete Dolack
Writer, Dandelion Salad
Systemic Disorder, Aug. 31, 2022
September 1, 2022

The size of the financial industry bears no relation to the economy. Self-mythological panegyrics aside, the finance industry confiscates money; it doesn’t create it. How much? Get out your calculators, and maybe you’ll have to find a way to add a couple of digits to what your screen can hold.

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William I. Robinson: Capitalism’s Structural Crisis and the Global Revolt

DC George Floyd Protest (II)

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Dandelion Salad

theAnalysis-news on Aug 22, 2022

According to William I. Robinson, the COVID pandemic has further intensified the structural crisis of global capitalism and has caused numerous uprisings and revolts around the world, which global elites are trying to suppress via militarization, police repression, and surveillance.

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PSL Editorial: The ‘Inflation Reduction Act’ Doesn’t Even Come Close

Washington DC - Capitol Building

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Dandelion Salad

by Liberation Staff
LiberationNews.org, Aug. 16, 2022
August 17, 2022

Joe Biden signed into law today the “Inflation Reduction Act” — a package of environmental, health care and tax measures that the administration is trumpeting as one of its crowning legislative achievements. But in reality, it represents a drop in the bucket compared to the scale of social crises workers are facing on multiple fronts.

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Michael Hudson: The Nature of Financialization and Neoliberalism, Interviewed by Eric Draitser

Barry

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by Michael Hudson
Writer, Dandelion Salad
August 8, 2022

This time Eric welcomes back author and economist Michael Hudson to discuss his new book The Destiny of Civilization: Finance Capitalism, Industrial Capitalism, or Socialism available from CounterPunch.

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American Diplomacy as a Tragic Drama, by Michael Hudson

World War 3 - XV

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by Michael Hudson
Writer, Dandelion Salad
August 1, 2022

As in a Greek tragedy whose protagonist brings about precisely the fate that he has sought to avoid, the US/NATO confrontation with Russia in Ukraine is achieving just the opposite of America’s aim of preventing China, Russia and their allies from acting independently of U.S. control over their trade and investment policy. Naming China as America’s main long-term adversary, the Biden Administration’s plan was to split Russia away from China and then cripple China’s own military and economic viability. But the effect of American diplomacy has been to drive Russia and China together, joining with Iran, India and other allies. For the first time since the Bandung Conference of Non-Aligned Nations in 1955, a critical mass is able to be mutually self-sufficient to start the process of achieving independence from Dollar Diplomacy.

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Michael Hudson: Finance Capitalism’s Self-Destructive Nature

Capitalism = economic terrorism

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by Michael Hudson
Writer, Dandelion Salad
July 21, 2022

Empire of Inflation: Economist Michael Hudson on U.S. Economic Warfare and Super Imperialism

The Left Lens on May 25, 2022

Economist Michael Hudson joins the Left Lens to discuss the rise of inflation, the weakening of the U.S. dollar, and the consequences of U.S. economic warfare in the Ukraine crisis.

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The End of Western Civilization, by Michael Hudson

The way of the civilizations

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by Michael Hudson
Writer, Dandelion Salad
July 16, 2022

Why it lacks resilience, and What will take its place

Paper presented on July 11, 2022 to The Ninth South-South Forum on Sustainability.

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U.S. China Policy: A Perilous Arms Race Instead of Waging Critical Cooperation, by Ralph Nader

China Industry

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Dandelion Salad

by Ralph Nader
The Nader Page, July 11, 2022
July 13, 2022

Did the Biden officials know what they were doing when they announced a broad expansion of export controls on China? China is the world’s second-largest economy, which is intricately intertwined with the economy of the U.S. and other nations. This is mainly due to U.S. multinational companies exporting huge slices of our manufacturing economy to China for its cheap labor.

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The Chris Hedges Report: Splinterlands’ Climate Dystopia, with John Feffer

Abandoned Factory

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with Chris Hedges

TheRealNews on Jul 8, 2022

In his dystopian novel Splinterlands, John Feffer looks ahead to life on planet earth in the year 2050. The signs of societal breakdown in the not-so-distant future, if we look, are already apparent in our world today. Feffer follows them to their logical conclusion.

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