with Chris Hedges
RT America on Dec. 6, 2019
Journalist and “On Contact” host Chris Hedges joins Rick Sanchez to discuss Washington’s continuing interference in Latin America. He explains how money, disinformation, false popular movements and even religion are used to keep the countries in the region under the yoke of “corporations and oligarchs.”
This 10-page paper was written for the Economics of Happiness Conference co-sponsored by Local Futures, held in Jeonju, Korea, on October 16-17, where I was the keynote speaker — a wonderful city and great experience!
Satisfaction in the workplace is a major component of the “happiness” index; but it is a satisfaction that young people joining the workforce today are not feeling. In a 2017 book titled Kids These Days: Human Capital and the Making of Millennials, Malcolm Harris asks why the millennial generation – those born between 1981 and 1996 – are so burned out. His answer is, “the economy.” Millennials are bearing the brunt of the economic damage wrought by late 20thcentury capitalism, with economic insecurities throwing them into a state of perpetual panic. Harris argues that if they want to meaningfully improve their lives and the lives of future generations, they will have to overthrow the system and rewrite the social contract.
Conceding that their grip on the economy is slipping, central bankers are proposing a radical economic reset that would shift yet more power from government to themselves.
Central bankers are acknowledging that they are out of ammunition. Mark Carney, the soon-to-be-retiring head of the Bank of England, said in a speech at the annual meeting of central bankers in August in Jackson Hole, Wyoming, “In the longer-term, we need to change the game.” The same point was made by Philipp Hildebrand, former head of the Swiss National Bank, in an August 2019 interview with Bloomberg. “Really there is little if any ammunition left,” he said. “More of the same in terms of monetary policy is unlikely to be an appropriate response if we get into a recession or sharp downturn.”
The US-led NATO alliance this week designated a whole new hemisphere to itself for “security” operations. No longer merely an “Atlantic” organization, it’s assuming the role of policing the Pacific. Quite a self-promotion.
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.
Keynote Paper delivered at the 14th Forum of the World Association for Political Economy, July 21, 2019.
Today’s world is at war on many fronts. The rules of international law and order put in place toward the end of World War II are being broken by U.S. foreign policy escalating its confrontation with countries that refrain from giving its companies control of their economic surpluses. Countries that do not give the United States control of their oil and financial sectors or privatize their key sectors are being isolated by a United States imposing trade sanctions and unilateral tariffs giving special advantages to U.S. producers in violation of free trade agreements with European, Asian and other countries.
With Abby Martin
breakingtheset Jan 18, 2013
Abby Martin interviews John Perkins, economist and author of Confessions of an Economic Hitman, about how corporations are determining the world order, and how assassins take out those who challenge the system.
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?
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.
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.
teleSUR English on Jun 19, 2016
US journalist Max Blumenthal has just published an in-depth look at US interference in Nicaragua – a particularly important development of which has been a recent meeting between Nicaraguan student opposition leaders and right-wing neoconservative figures in Washington.
by Graham Peebles
Writer, Dandelion Salad
June 10, 2018
Year on year the economic divisions and sub-divisions in the world deepen, the associated social ills increase: The rich, comfortable, and the very extremely rich keep getting richer, and the rest, well, whilst some may be raised up out of crippling poverty into relative poverty, the majority of people continue to live under a blanket of economic insecurity and largely remain where they are.