American Diplomacy as a Tragic Drama, by Michael Hudson

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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.

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

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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.

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

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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.

Will Griffin: 4 Characteristics of the Current Phase of 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.

Michael Parenti: Globalization, the New Imperialism

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with Michael Parenti
Writer, Dandelion Salad
May 23, 2022

“You can’t have rich corporate conglomerates unless you have wage and salary workers who will work a whole lifetime and at the end of that lifetime not know any kind of economic security of any sort, own nothing but maybe a mortgage on the house or whatever, if that. So the secret to getting rich, ladies and gentlemen, is not to work hard but to get others to work hard for you.” — Michael Parenti

Corporate Greed Keeps The Pandemic Alive, by Pete Dolack

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by Pete Dolack
Writer, Dandelion Salad
Systemic Disorder, April 12, 2022
April 13, 2022

More than two years on, it is hard to imagine there could be someone who is not sick of the pandemic. Although we can point to multiple reasons for the inability to bring Covid-19 under control, a prominent factor is corporate greed.

Will Griffin: Imperialism After Lenin

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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

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

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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.

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

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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.

Michael Hudson: Sanctions: The Blowback

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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.

The American Empire Self-destructs, by Michael Hudson

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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.

Chris Hedges and Richard Wolff: The Precarious State of the US Economy

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Dandelion Salad

with Chris Hedges

Originally on RT America on Feb 13, 2022

The Chris Hedges YouTube Channel on Jun 29, 2022

On the show, Chris Hedges interviews economist Richard Wolff on the precarious state of the US economy and its consequences.

America’s Real Adversaries are its European and other Allies, by Michael Hudson

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by Michael Hudson
Writer, Dandelion Salad
February 11, 2022

The U.S. aim is to keep them from trading with China and Russia

The Iron Curtain of the 1940s and ‘50s was ostensibly designed to isolate Russia from Western Europe – to keep out Communist ideology and military penetration. Today’s sanctions regime is aimed inward, to prevent America’s NATO and other Western allies from opening up more trade and investment with Russia and China. The aim is not so much to isolate Russia and China as to hold these allies firmly within America’s own economic orbit. Allies are to forego the benefits of importing Russian gas and Chinese products, buying much higher-priced U.S. LNG and other exports, capped by more U.S. arms.

China Should Call US Bluff On Taiwan, by Finian Cunningham

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by Finian Cunningham
Writer, Dandelion Salad
Ireland
Crossposted from Sputnik, Oct. 9, 2021
October 10, 2021

Washington’s “strategic ambiguity” towards China and its breakaway territory of Taiwan seems to be more mercurial and menacing. Ironically, that mixed signalling from the US is only making China more determined to take control of Taiwan – by force if necessary.

Michael Hudson: Global Financial Empire, Parts 1-3

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by Michael Hudson
Writer, Dandelion Salad
September 1, 2021

Prof Michael Hudson on Aug 19, 2021

A 3-part lecture series for the Global University for Sustainability, Hong Kong.