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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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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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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Daniel Ellsberg: The Doomsday Machine, Parts 1-13

Daniel Ellsberg: The Doomsday Machine, Parts 1-13

Screenshot by Dandelion Salad via Flickr
Watch the videos below

Dandelion Salad

The Real News Network

“In this series, Daniel Ellsberg and Paul Jay explore Ellsberg’s latest book, The Doomsday Machine: Confessions of a Nuclear War Planner. In the introduction to the book, Ellsberg writes:

“No policies in human history have more deserved to be recognized as immoral or insane. The story of how this calamitous predicament came about and how and why it has persisted over a half a century is a chronicle of human madness. Whether Americans, Russians, and other humans can rise to the challenge of reversing these policies and eliminating the danger of near-term extinction caused by their own inventions and proclivities remains to be seen. I choose to join with others in acting as if that is still possible.””

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Max Blumenthal: Scaremongering Over Russia And China Is Being Exploited To Silence Dissent On Social Media

"FREE SPEECH*"

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Dandelion Salad

Part 1: Facebook Purge of Alternative Media Is ‘Just the Beginning,’ Boasts DC Neocon Operative

on Oct 26, 2018

As Facebook and Twitter are purging alternative media outlets, a neoconservative operative at a US government-funded think tank says more censorship is on its way. Max Blumenthal and Jeb Sprague discuss how scaremongering over Russia and China is being exploited to silence dissent on social media.

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Wilkerson: Trump To Abandon The Intermediate-Range Nuclear Forces Treaty + Peter Kuznick: It Looks Like Trump Is Trying To Dismantle What Is Left Of The Nuclear Regime That Greatly Reduced The Threat Of Nuclear War

Nuclear Nightmare - Open Your Eyes And Awake !

Image by Daniel Arrhakis via Flickr

Dandelion Salad

Updated: Oct. 25, 2018

on Oct 23, 2018

Col. Lawrence Wilkerson says that the main reason for Trump to abandon the Intermediate-Range Nuclear Forces treaty has to do with interests in the administration that would like to see a restarting of the nuclear arms race.

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Pope Francis and Beijing: The Geopolitics of the Vatican by Caleb Maupin

Pope Francis rips capitalism and trickle-down economics

Image by Devendra Makkar via Flickr

by Caleb Maupin
Writer, Dandelion Salad
Caleb Maupin (website)
Caleb Maupin (Facebook Page)
New Eastern Outlook, Sept. 18, 2018
September 27, 2018

The Roman Catholic Church and the Peoples Republic of China are set to sign an agreement, which would formally end the hostilities between these two entities. The Chinese government will formally acknowledge the Pope as the leader of the Catholic Church in China. In exchange, the Pope will reinstate ex-communicated Bishops selected by the Communist Party to lead Catholics on the Chinese mainland. In this context, it is worth reviewing the shifts and evolutions of Catholicism in global politics.

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Michael Hudson: Jesus Would Have Cancelled The Debt But Obama Bailed Out Wall Street

cancel the debt

Image by Friends of the Earth International via Flickr

by Michael Hudson
Writer, Dandelion Salad
September 14, 2018

With Max Keiser on the history of debt from the Bronze Age onwards. Max poses the question, has a historical precedent been set with the bailing out of creditors, not debtors in 2008?

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Max Blumenthal on the Merger of the National Security State and Silicon Valley + Russiagate Frenzy Targets Leftist Sites + US Policy Toward Global Internet Governance Is Misguided

Net Neutrality

Image by M3Li55@ via Flickr

Dandelion Salad

Updated: Aug. 15, 2018

Facebook Taps Militarist Think Tank Atlantic Council to Police its Content (Pt 1/2)

TheRealNews on Aug 11, 2018

From Alex Jones to alleged Russian trolls, major internet companies are increasingly policing content on their platforms. Max Blumenthal of the Grayzone Project says the partnership between Facebook and the Atlantic Council highlights “the merger of the national security state and Silicon Valley.”

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Geopolitics Shadow Ethiopia’s Foul Murder by Finian Cunningham

Geopolitics Shadow Ethiopia’s Foul Murder by Finian Cunningham

Screenshot by Dandelion Salad via Flickr
Watch the video below

by Finian Cunningham
Writer, Dandelion Salad
East Africa
Crossposted from Strategic Culture Foundation, Aug. 2, 2018
August 6, 2018

The apparent assassination of a highly regarded public figure has rocked Ethiopia to its core. Simegnew Bekele, the architect overseeing a prestigious hydroelectric project in Ethiopia, was shot dead last week in the capital Addis Ababa by an unknown attacker. Many people in the Horn of Africa country are now suspecting a foreign hand behind his brutal slaying.

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Stephen F. Cohen: The Russia “National Security Crisis” is a U.S. Creation + Debunking the Putin Panic + Trump: A Symptom of a System in Decay

World War 3 - XV

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Dandelion Salad

Part 1: The Russia “National Security Crisis” is a U.S. Creation

TheRealNews on Jul 19, 2018

President Trump’s warm words for Vladimir Putin and his failure to endorse U.S. intelligence community claims about alleged Russian meddling have been called “treasonous” and the cause of a “national security crisis.” There is a crisis, says Prof. Stephen F. Cohen, but one of our own making.

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Michael Hudson: China’s Export Competitiveness = Underpaying Women + Trump’s Trade Wars: An Opportunity to Refashion the Intellectual Property Regime?

China Indusry

Image by AK Rockefeller via Flickr

by Michael Hudson
Writer, Dandelion Salad
June 15, 2018

Max Keiser probes away on my recent visit to China. We delve into the Chinese development model.

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Chris Hedges and David Harvey: Enough is Enough of This Capitalist Fraud

Dear Capitalism...

Image by Anirvan via Flickr

Dandelion Salad

with Chris Hedges

RT America on June 9, 2018

David Harvey, author of Marx, Capital, and the Madness of Economic Reason, discusses the future of global capitalism.

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“Creating Wealth” through Debt: The West’s Finance-Capitalist Road by Michael Hudson

Swimming With the Debt Sharks

Image by Truthout.org via Flickr

by Michael Hudson
Writer, Dandelion Salad
Michael Hudson, May 2, 2018
May 7, 2018

Peking University, School of Marxist Studies
May 5-6, 2018

Volumes II and III of Marx’s Capital describe how debt grows exponentially, burdening the economy with carrying charges. This overhead is subjecting today’s Western finance-capitalist economies to austerity, shrinking living standards and capital investment while increasing their cost of living and doing business. That is the main reason why they are losing their export markets and becoming de-industrialized.

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A Travesty of Protectionism by Michael Hudson

Midvale Company mechanic Larson, medium grinding on Noton Machine roll for Thomas Steel, July 1932

Image by Kheel Center via Flickr

by Michael Hudson
Writer, Dandelion Salad
Michael Hudson
March 10, 2018

Trump’s series of threats this week was a one-two punch. First, he threatened to impose national security tariffs on steel and aluminum, primarily against Canada and Mexico (along with Korea and Japan). Then, he suggested an alternative: He would exempt these countries IF they agree to certain U.S. demands.

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