Michael Hudson: Global Financial Empire, Parts 1-3

Ways of Thinking - Feudalism is very much alive

Image by Judite B via Flickr

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.

Continue reading

Biden Forfeits his Afghan Victory by Defending his Deep State Advisors, by Michael Hudson

Economic Warfare

Image by Truthout.org via Flickr

by Michael Hudson
Writer, Dandelion Salad
August 22, 2021

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.

Continue reading

Michael Hudson: Surprise: Corporate Junk Before Students?

Indentured Student - Cartoon

Image by DonkeyHotey via Flickr

by Michael Hudson
Writer, Dandelion Salad
May 25, 2021

theAnalysis-news on May 24, 2021

Why is the Fed buying corporate junk bonds and debt but won’t buy out student debt? Michael Hudson on theAnalysis.news with Paul Jay.

Continue reading

Michael Hudson: The World’s Absentee Landlord

Barry

Image by cool revolution via Flickr

by Michael Hudson
Writer, Dandelion Salad
May 17, 2021

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.

Continue reading

America’s Neoliberal Financialization Policy vs. China’s Industrial Socialism, by Michael Hudson

China Industry

Image by AK Rockefeller via Flickr

by Michael Hudson
Writer, Dandelion Salad
April 25, 2021

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.”[1]

Continue reading

Michael Hudson: Changes in Superimperialism: The Position of the USA and China in our Global Economic System

China Industry

Image by AK Rockefeller via Flickr

by Michael Hudson
Writer, Dandelion Salad
February 10, 2021

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?

Continue reading

Michael Hudson: Polarization, Then a Crash

Collapse text on calculator screen on the hundred dollar bills

Image by Jernej Furman via Flickr

by Michael Hudson
Writer, Dandelion Salad
December 27, 2020

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.

Continue reading

Michael Hudson: Financialization and Deindustrialization

kill capitalism

Image by doubichlou14 via Flickr

by Michael Hudson
Writer, Dandelion Salad
November 10, 2020

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.

Continue reading

Michael Hudson and Steve Keen: Permanent Inequality?

Death to Capitalism

Image by lisbokt via Flickr

by Michael Hudson
Writer, Dandelion Salad
October 15, 2020

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!

Continue reading

How a Pandemic is Destroying the West, by Michael Hudson

Where's My Bailout? 700 Billion For Wall Street, $hr for me?

Image by Anna Hanks via Flickr

by Michael Hudson
Writer, Dandelion Salad
September 14, 2020

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.

Continue reading

Michael Hudson: Dollar Recycling and Military Encirclement

Smash US Empire

Image by Eric B. via Flickr

by Michael Hudson
Writer, Dandelion Salad
May 21, 2020

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.

Continue reading

Michael Hudson: US Coronavirus Bailout Scam is $6 Trillion Giveaway to Wall Street + How The US Makes Countries Pay For Its Wars: Economics of American Imperialism

Education Collage

Image by Jacob Anikulapo via Flickr

by Michael Hudson
Writer, Dandelion Salad
April 26, 2020

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.

Continue reading

In a Struggle Between Oligarchy and Democracy, Something Must Give by Michael Hudson

99% over 1%

Image by Todd Blaisdell via Flickr

by Michael Hudson
Writer, Dandelion Salad
February 27, 2020

The Democrats’ Quandary

To hear the candidates debate, you would think that their fight was over who could best beat Trump. But when Trump’s billionaire twin Mike Bloomberg throws a quarter-billion dollars into an ad campaign to bypass the candidates actually running for votes in Iowa, New Hampshire and Nevada, it’s obvious that what really is at issue is the future of the Democrat Party. Bloomberg is banking on a brokered convention held by the Democratic National Committee (DNC) in which money votes. (If “corporations are people,” so is money in today’s political world.)

Continue reading

Michael Hudson: The Beginning of the End of Super Imperialism in 2020?

Michael Hudson: The Beginning of the End of Super Imperialism in 2020?

Screenshot by Dandelion Salad via Flickr
Watch the video below

with Michael Hudson
Writer, Dandelion Salad
January 2, 2020

RT on Jan 2, 2020

Continuing with their New Year’s Eve celebrations, the Keiser Report is joined by Dr. Michael Hudson, author of Super Imperialism: The Origin and Fundamentals of US World Dominance. Will 2020 see further decline in that super imperialism about which he first wrote all those decades ago? They discuss this and then turn to the upcoming elections in the US and whether or not he believes the stock market numbers will aid Trump. Finally, the discussion takes in Hudson’s views on uprisings globally and whether they herald the end of the age of neoliberalism.

Continue reading

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