Moderate Rebels on Jan 8, 2022
Economist Michael Hudson explains the inflation crisis and the Fed’s secretive $4.5 trillion bank bailout.
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.
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.
In this wide-ranging discussion on the Moderate Rebels podcast, Hudson addresses US sanctions on Venezuela and Iran, the policies of the Joe Biden administration, Beijing’s economic model, cryptocurrencies, and dedollarization – the potential end to the dollar as the global reserve currency.
Nearly half a millennium ago Niccolo Machiavelli’s The Prince described three options for how a conquering power might treat states that it defeated in war but that “have been accustomed to live under their own laws and in freedom: … the first is to ruin them, the next is to reside there in person, the third is to permit them to live under their own laws, drawing a tribute, and establishing within it an oligarchy which will keep it friendly to you.”
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?
theAnalysis-news on Dec 23, 2020
Allied with landlords and monopolists, the finance sector is extracting economic rents from the economy that’s impoverishing US government, industry and labor says Michael Hudson discussing the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.
theAnalysis-news on Nov 2, 2020
Trump’s economic policies have not addressed the fundamental forces that have gutted industrial jobs under the administrations of both parties, says economist Michael Hudson on theAnalysis.news podcast with Paul Jay.
RT on Oct 7, 2020
It remains unclear who will be the occupant of the White House next January. What can be easily predicted is the state of the economy for tens of millions of citizens. It appears what is called a K-shaped recovery is permanently dividing the country into the haves and have-nots. And this seems to be acceptable for those who are the haves!
The U.S. is Saving the Financial Sector, not the Economy
Before juxtaposing the U.S. and alternative responses to the coronavirus’ economic effects, I would like to step back in time to show how the pandemic has revealed a deep underlying problem. We are seeing the consequences of Western societies painting themselves into a debt corner by their creditor-oriented philosophy of law. Neoliberal anti-government (or more accurately, anti-democratic) ideology has centralized social planning and state power in “the market,” meaning specifically the financial market on Wall Street and in other financial centers.
Global University for Sustainability on Apr 24, 2020
On 22-24 November 2019, International Seminar on Land, Finance, and De-dollarization was held in Macau, China, which was co-organized by Global University for Sustainability, Lingnan University, Southwest University, and the Federal University of Espirito Santo.