An interview on The Zero Hour to discuss the newly-released third edition of the 1971 book, Super-Imperialism: The Economic Strategy of American Empire.
Economist Michael Hudson discusses the update of his book Super Imperialism: The Economic Strategy of American Empire and the financial motivations behind the US new cold war on China and Russia.
Oxford Economics Society on Jan 23, 2021
Nearly 50 years after the original publication of “Superimperialism”, Michael Hudson revisits how the lucrative dollar-based economic system that the US set up after WWII has evolved with the rise of China and the Covid-19 pandemic. What financial weapons is the US likely to use, and does China’s de-dollarisation protect it from such attacks?
Moderate Rebels on Apr 20, 2020
Facing the Covid-19 pandemic, the US Congress rammed through the CARES Act — which economist Michael Hudson explains is not a “bailout” but a massive, $6 trillion giveaway to Wall Street, banks, large corporations, and stockholders.
So, Canada, the Canadian people unfortunately are deprived of honest representation of provincial desires, provincial needs, by the fact that the financial sector, the banks, are pretty much running the country.” – Michael Hudson
On the weekend of July 19-21st, 2019, the University of Manitoba became the venue for the 14th Forum of the World Association for Political Economy (WAPE). This annual event represents a gathering of Marxist economists from around the globe, and aims to utilize current understandings on the subject to analyze and study the world economy, reveal its laws of development, and offer policies to promote economic and social progress on national and global levels.
Previously posted July 5, 2008
With John Pilger
‘The New Rulers Of The World (2001) analyses the new global economy and reveals that the divisions between the rich and poor have never been greater – two thirds of the world’s children live in poverty – and the gulf is widening like never before.
Ethiopia’s new Prime Minister Abiy Ahmed is moving quickly to open up the strategic Horn of Africa country to Western capital. But far from the move being seen as a progressive reform, many Ethiopians and observers are concerned that the new direction is leading the nation into “debt slavery”.
with Chris Hedges
RT America on Aug 25, 2018
Author, Lee Wengraf talks to journalist Chris Hedges, host of On Contact, about her new book Extracting Profit: Imperialism, Neoliberalism, and the New Scramble of Africa.
There is a “mystery” we must explain: How is it that as corporate investments and foreign aid and international loans to poor countries have increased dramatically throughout the world over the last half century, so has poverty? The number of people living in poverty is growing at a faster rate than the world’s population. What do we make of this?
with Chris Hedges
RT America on Sept 24, 2017
President of the Republic of Namibia, Dr. Hage Geingob, discusses how his country, which achieved independence from neighboring apartheid South Africa in 1990, is now fighting for justice and economic emancipation from global banks, corporations and foreign governments seeking to extract the developing country’s natural resources.
The Debate – 1% (Greater than) 99%
PressTV on Jan 19, 2016
The financial inequality across the globe has reached new extremes. The international charity -Oxfam- in its latest report “An Economy for the 1%” has a shocking revelation: “Runaway inequality has created a world where 62 people own as much wealth as the poorest half of the world’s population.” Imagine that. Only five years earlier it took 388 of the world’s richest to reach that mark. Extreme inequality: that is the topic for this edition of the debate.
Updated: Oct. 1, 2018
A nightmare scenario of U.S. geopolitical strategists is coming true: foreign independence from U.S.-centered financial and diplomatic control. China and Russia are investing in neighboring economies on terms that cement Eurasian integration on the basis of financing in their own currencies and favoring their own exports. They also have created the Shanghai Cooperation Organization (SCO) as an alternative military alliance to NATO. And the Asian Infrastructure Investment Bank (AIIB) threatens to replace the IMF and World Bank tandem in which the United States holds unique veto power.
TheRealNews on Mar 21, 2015
Economist Michael Hudson says China’s new international bank will be exempt from a US-veto, empowering other countries to lead development and perhaps challenge the use of the dollar as the currency of global capital.