Prof. Hudson speaks on the nature of US financial dominance, the role of World Bank in developing countries, USA’s ability to run a huge balance of payment deficit, changes in Russia after the fall of the Soviet Union, the problems of US economy with post-industrialization, and the role of neoclassical economics in all this.
In 2022, when it’s often difficult to get people to pay attention to anything for more than a few minutes, when the country faces an economic crisis unprecedented in our lifetimes, and the spectre of total environmental collapse looms ever closer, it seems to be extraordinarily anachronistic for the British establishment to insist that there must a ten-day period of national mourning following the death of Queen Elizabeth II last Thursday, at the age of 96, after 70 years on the throne.
The Chicago-based Crown Family might be known for their philanthropic efforts around the country, donating millions of dollars to universities, art institutions and a variety of other causes. Where did all that wealth come from? James Crown is the current director of General Dynamics (GD), the 5th largest weapons producer in the country and has their hands dirty in the Saudi-led war in Yemen, in Palestine and even at the Mexico border. His father, Lester Crown, was a previous president and chair of GD. His grandfather, Henry Crown, created the Material Service Corporation which eventually merged with GD, and gained controlling interest in GD in 1959, also becoming its director and chair.
In LA for Biden’s ‘Summit of the Americas,’ Secretary of State Antony Blinken spoke about press freedom at a journalism forum. Abby Martin confronted him over US hypocrisy. Featuring commentary from Abby after the event.
“But when you get into the details of it, it’s pretty goddamn mind-blowing. I mean, not that most people watching us right now, you were like, yeah, I knew Saudi Arabia was involved in shit but for you to see the evidence, to see the proof, to see literally drawings of planes hitting buildings is still mind-blowing.” — Lee Camp
Rulers divide the world into ‘worthy’ and ‘unworthy’ victims; those we are allowed to pity, such as Ukrainians enduring the hell of modern warfare, and those whose suffering is minimized, dismissed, or ignored. This bifurcation of the world into worthy and unworthy victims is a key component of propaganda, especially in war.
President Biden put a popular flag-waving wrapping for America’s forced withdrawal from Afghanistan in his 4 PM speech on Monday. It was as if all this was following Biden’s own intentions, not a demonstration of the totally incompetent assurances by the CIA and State Department as recently as last Friday that the Taliban was over a month away from being able to enter Kabul. Instead of saying that the massive public support for the Taliban replacing the United States showed the incompetent hubris of U.S. intelligence agencies – which itself would have justified Biden’s agreement to complete the withdrawal with all haste – he doubled down on his defense of the Deep State and its mythology.
Col. Lawrence Wilkerson argues that American one-sided support for Israel is a danger to the region and U.S. interests. He says the U.S. should withdraw militarily from the Middle East and end support for Israel and Saudi Arabia. Doing so would encourage regional compromise, not war. Larry Wilkerson on theAnalysis.news with Paul Jay.
Progressive Americans hoped Biden would quickly restore the Iran deal and relations with Cuba. Instead, the administration seems firmly entrenched behind Trump’s walls of hostility. Medea Benjamin joins Paul Jay on theAnalysis.news.
Abby Martin’s Empire Update wraps up the last week in US imperialism: Biden breaks major campaign promise to punish Saudi Arabia for Khashoggi murder; US & France extend war in Africa; Bolivia and Venezuela defy US Empire; major bloodshed on the horizon in Afghanistan.