Starve Out the DNC– Boycott The Democratic Party! by Michael Hudson

Starve Out the DNC-- Boycott The Democratic Party! by Michael Hudson

Screenshot by Dandelion Salad via Flickr

by Michael Hudson
Writer, Dandelion Salad
September 15, 2019

Why we need to abolish the Democratic National Committee, even if that means breaking up the Democratic Party

Thursday’s debate on Walt Disney’s ABC channel is shaping up as yet another shameless charade. The pretense is that we are to select who the Democratic presidential candidate will be. But the limited airing of their personalities reflects the fact that most Americans, as the Irish say, vote with their backsides, belonging to the informal but dominant party of non-voters who choose not to be sucked into legitimizing the bad choices put before them.

Continue reading

The True Roots of Money & Banking and How to Pull Off a Modern Debt Jubilee by Ellen Brown

cancel the debt

Image by Friends of the Earth International via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
September 1, 2019

We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total cannot be paid. Student debt, credit card debt, auto loans, business debt and sovereign debt are all higher than they have ever been. As economist Michael Hudson writes in his provocative 2018 book, “…and forgive them their debts,” debts that can’t be paid won’t be paid. The question, he says, is how they won’t be paid.

Continue reading

Global Warming and U.S. National Security Diplomacy by Michael Hudson

The Burning of the Sky

Image by Justin Vidamo via Flickr

by Michael Hudson
Writer, Dandelion Salad
August 12, 2019

Control of oil has long been a key aim of U.S. foreign policy. The Paris climate agreements and any other Green programs to reduce the pace of global warming are viewed as threatening the aim of dominating world energy markets by keeping economies dependent on oil under U.S. control. Also blocking U.S. willingness to help stem global warming is the oil industry’s economic and hence political power. Its product is not only energy but also global warming, along with plastic pollution.

Continue reading

The Instrument of Empire by Michael Hudson + Hudson: Even He Can’t Get Away With It

China Indusry

Image by AK Rockefeller via Flickr

by Michael Hudson
Writer, Dandelion Salad
August 4, 2019

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.

Continue reading

The Coming Savings Meltdown by Michael Hudson

cancel the debt

Image by Friends of the Earth International via Flickr

by Michael Hudson
Writer, Dandelion Salad
July 30, 2019

Debts that can’t be paid, won’t be. That point inevitably arrives on the liabilities side of the economy’s balance sheet.

Continue reading

U.S. Economic Warfare and Likely Foreign Defenses by Michael Hudson

Smash US Empire

Image by Eric B. via Flickr

by Michael Hudson
Writer, Dandelion Salad
July 22, 2019

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.

Continue reading

David Harvey, Michael Hudson, David Kotz and Alexander Buzgalin: The End of the “End of History” (Left Forum 2019)

long live socialism Occupy May Day 2012

Image by brent granby via Flickr

with Michael Hudson
Writer, Dandelion Salad
July 9, 2019

Left Forum 2019

At the panel, speakers will argue that the decline of neo-liberalism and the growth of a new conservative wave are objectively conditioned. The prevailing model of late capitalism that has led to the domination of the market of simulacra, financialization and stagnation, called the ‘new normality’, cannot ensure the progress of the productive forces that are on the verge of not just another technological revolution, but a qualitative change – the genesis of the economy in which a decisive role will be played not by reproductive, but by creative work.

Continue reading

Michael Hudson, David Harvey and Bertell Ollman: Three Marxist Takes On Climate Change, Left Forum 2019

End Capitalism Before It Ends Us & the Planet-CleanEnergyMarch-4-1470292

Image by Mark Dixon via Flickr

with Michael Hudson
Writer, Dandelion Salad
July 3, 2019

Left Forum 2019

Essential Dissent on Jun 30, 2019

Panelists: David Harvey, Bertell Ollman, Michael Hudson

Continue reading

Trump’s Trade Threats Are Really Cold War 2.0 by Michael Hudson + The American Dream Is Alive and Well—in China by Ellen Brown

China Indusry

Image by AK Rockefeller via Flickr

by Michael Hudson
Writer, Dandelion Salad
June 16, 2019

President Trump has threatened China’s President Xi that if they don’t meet and talk at the upcoming G20 meetings in Japan, June 29-30, the United States will not soften its tariff war and economic sanctions against Chinese exports and technology.

Continue reading

Michael Hudson: Dangerous US Financial Imperialism

Capitalism = economic terrorism

Image by duncan c via Flickr

by Michael Hudson
Writer, Dandelion Salad
February 15, 2019

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?

Continue reading

Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony by Michael Hudson (must-read)

State of the Union

Image by Josh Bartok via Flickr

by Michael Hudson
Writer, Dandelion Salad
February 3, 2019

The end of America’s unchallenged global economic dominance has arrived sooner than expected, thanks to the very same Neocons who gave the world the Iraq, Syria and the dirty wars in Latin America. Just as the Vietnam War drove the United States off gold by 1971, its sponsorship and funding of violent regime change wars against Venezuela and Syria – and threatening other countries with sanctions if they do not join this crusade – is now driving European and other nations to create their alternative financial institutions.

Continue reading

Chris Hedges and Michael Hudson: Putting the Interests of the 1% over the 99%, the Economies are Committing Financial Suicide

cancel the debt

Image by Friends of the Earth International via Flickr

with Michael Hudson and Chris Hedges
Writer, Dandelion Salad
December 15, 2018

RT America on Dec 15, 2018

Economist and author, Michael Hudson, in his new book “…And Forgive Them Their Debts: Lending, Foreclosure and Redemption From Bronze Age Finance to the Jubilee Year,” shares with journalist Chris Hedges how Ancient cultures forgave debt cyclically to prevent debt peonage and the rise of an oligarch elite.

Continue reading

Michael Hudson: Banking Deep Dive + Ellen Brown and Abby Martin on Public Banking in LA

Class War

Image by killabodhi via Flickr

by Michael Hudson
Writer, Dandelion Salad
November 4, 2018

An interview with one of the best in the business, Bonnie Faulkner (Guns and Butter).

Continue reading

Michael Hudson: Deciphering Geo-Political Games

Why Is War A Permanent Feature of Capitalism?

Image by Zhu via Flickr

by Michael Hudson
Writer, Dandelion Salad
October 1, 2018

“Professor Michael Hudson discusses the globalisation fallout as new trading blocs distance themselves from US dollar denominated trade. Will the US be able to maintain its imperialist tendencies in light of these trends? How much further can the rentiers push their free-for-all? The show finishes with an overview of Michael’s new book And forgive them our debts.

Continue reading

What is Socialism? A Historical and Modern Perspective

Caleb Maupin: The American Socialist Awakening

Screenshot by Dandelion Salad via Flickr
Watch the video below

by
Writer, Dandelion Salad
September 24, 2018

Reach Out on Sep 18, 2018

On last Thursday’s (9.13.18) special edition of Reach Out, we asked, “What is socialism?” In a discussion ranging from the juxtaposition of socialism and religion, cooperation vs. competition in humanity’s origins, and how class is what primarily divides people, Bill and I, along with special guest Matt Reedy, barely scratched the surface of answering that question but realized its enormity and complexity.

Continue reading