Michael Hudson: A Short History of Inflation in Modern Times

For All Debts...

Image by AK Rockefeller via Flickr

by Michael Hudson
Writer, Dandelion Salad
September 14, 2022

Multipolarista on Sep 8, 2022

Economist Michael Hudson discusses partial student debt relief in the US, inflation and the Fed, disaster capitalism in Ukraine, and China’s challenge to the petrodollar.

Continue reading

The Chris Hedges Report: The Bankrupt Liberalism and Gilded Absurdities of the Democratic Party, with Paul Street

Graffiti on the wall with the message "Fight Fascism"

Image by Ivan Radic via Flickr

Dandelion Salad

with Chris Hedges and Paul Street

TheRealNews on Sep 9, 2022

What are we to make of a Democratic Party that has embraces an election strategy that includes demobilizing the majority working-class non-Republican electorate; legitimizing right-wing agendas and narratives; seeks bipartisan cooperation with right-wing politicians such as Liz Cheney; refuses to attack archaic minority rule institutions including the Electoral College and the Senate filibuster; repeatedly backs down from hauling Donald Trump into court and funds far-right Republican candidates in this year’s primary elections, repeating the disastrous Hillary Clinton campaign’s “Pied Piper” ploy of promoting the supposedly “more beatable” Trump in the 2016 Republican presidential primaries?

Continue reading

Chris Hedges and Robert Scheer: Gorbachev, Russia and Ukraine

Please No More War, Love

Image by txindoki via Flickr

Dandelion Salad

with Chris Hedges

Katie Halper on Sep 1, 2022

Journalists Chris Hedges and Robert Scheer discuss Mikhail Gorbachev, his life, his role in the end of the Cold War and his legacy today. How does he relate to Vladimir Putin, the state of Russia today and the war in Ukraine.

Continue reading

The Financial Industry Is A Lot Bigger Than A Giant Vampire Squid, by Pete Dolack

Vampire Squid

Image by DonkeyHotey via Flickr

by Pete Dolack
Writer, Dandelion Salad
Systemic Disorder, Aug. 31, 2022
September 1, 2022

The size of the financial industry bears no relation to the economy. Self-mythological panegyrics aside, the finance industry confiscates money; it doesn’t create it. How much? Get out your calculators, and maybe you’ll have to find a way to add a couple of digits to what your screen can hold.

Continue reading

Michael Hudson: The Nature of Financialization and Neoliberalism, Interviewed by Eric Draitser

Barry - IMF & World Bank Economic Terrorists

Image by cool revolution via Flickr

by Michael Hudson
Writer, Dandelion Salad
August 8, 2022

This time Eric welcomes back author and economist Michael Hudson to discuss his new book The Destiny of Civilization: Finance Capitalism, Industrial Capitalism, or Socialism available from CounterPunch.

Continue reading

American Diplomacy as a Tragic Drama, by Michael Hudson

World War 3 - XV

Image by r2hox via Flickr

by Michael Hudson
Writer, Dandelion Salad
August 1, 2022

As in a Greek tragedy whose protagonist brings about precisely the fate that he has sought to avoid, the US/NATO confrontation with Russia in Ukraine is achieving just the opposite of America’s aim of preventing China, Russia and their allies from acting independently of U.S. control over their trade and investment policy. Naming China as America’s main long-term adversary, the Biden Administration’s plan was to split Russia away from China and then cripple China’s own military and economic viability. But the effect of American diplomacy has been to drive Russia and China together, joining with Iran, India and other allies. For the first time since the Bandung Conference of Non-Aligned Nations in 1955, a critical mass is able to be mutually self-sufficient to start the process of achieving independence from Dollar Diplomacy.

Continue reading

Michael Hudson: Finance Capitalism’s Self-Destructive Nature

Capitalism = economic terrorism

Image by duncan c via Flickr

by Michael Hudson
Writer, Dandelion Salad
July 21, 2022

Empire of Inflation: Economist Michael Hudson on U.S. Economic Warfare and Super Imperialism

The Left Lens on May 25, 2022

Economist Michael Hudson joins the Left Lens to discuss the rise of inflation, the weakening of the U.S. dollar, and the consequences of U.S. economic warfare in the Ukraine crisis.

Continue reading

The End of Western Civilization, by Michael Hudson

The way of the civilizations

Image by Alexander Shchukin via Flickr

by Michael Hudson
Writer, Dandelion Salad
July 16, 2022

Why it lacks resilience, and What will take its place

Paper presented on July 11, 2022 to The Ninth South-South Forum on Sustainability.

Continue reading

Michael Hudson: A Philosophy for a Fair Society

Economic Warfare

Image by Truthout.org via Flickr

by Michael Hudson
Writer, Dandelion Salad
June 28, 2022

Shepheard-Walwyn Publishers on Jun 16, 2022

Welcome to the Shepheard Walwyn podcast and a two part interview with Michael Hudson, perhaps to the world’s most influential (but rarely acknowledged) economist. Michael has had a remarkable career starting off as a practical or reality-based economist working for a variety of institutions looking and how banks really behave.

Continue reading

The Fed’s Austerity Program to Reduce Wages, by Michael Hudson

class warfare

Image by Hollywata via Flickr

by Michael Hudson
Writer, Dandelion Salad
June 20, 2022

To Wall Street and its backers, the solution to any price inflation is to reduce wages and public social spending. The orthodox way to do this is to push the economy into recession in order to reduce hiring. Rising unemployment will oblige labor to compete for jobs that pay less and less as the economy slows.

Continue reading

Capitalism Is Working As Intended: The Madness of Capitalist Inequality, by Pete Dolack

"Smash Capitalism" - Student protests - Parliament Square, London 2010

Image by Bob Bob via Flickr

by Pete Dolack
Writer, Dandelion Salad
Systemic Disorder, June 15, 2022
June 19, 2022

Many well-meaning people lament that our economic system is “not working.” But that isn’t true if we apply some historical context. What has capitalism wrought since its earliest days?

Continue reading

The Chris Hedges Report: The Rise of Authoritarianism in the US and Around the Globe, with Vijay Prashad

Graffiti on the wall with the message "Fight Fascism"

Image by Ivan Radic via Flickr

Dandelion Salad

with Chris Hedges and Vijay Prashad

TheRealNews on Jun 17, 2022

Chris Hedges speaks with historian Vijay Prashad on the rise of authoritarianism in the US and around the globe and what we must do to fight back.

Continue reading

Will Griffin: 4 Characteristics of the Current Phase of Imperialism

Smash Imperialism!

Image by Benjamin Solah via Flickr

by Will Griffin
Writer, Dandelion Salad
June 14, 2022

The Peace Report on Jun 8, 2022

In the previous video, we discussed how the capitalist-imperialist system developed over the past century. Today, in the current phase, we will discuss its 4 main characteristics, as laid out by Pao-Yu Ching in the highly recommended book, Lenin’s Imperialism in the 21st Century published by the Institute of Political Economy.

Continue reading

Eat the Rich! by Yanis Iqbal

Eat The Rich

Image by Paul Sableman via Flickr

by Yanis Iqbal
Writer, Dandelion Salad
Aligarh, India
May 15, 2022

The contemporary neoliberal system is fundamentally unjust. It is filled with blood-sucking billionaires whose entire existence of grotesque opulence is structurally predicated on the continual exploitation of the working class – a powerful force in whose hands lie the productive powers of humanity.

Continue reading

21st Century Fascism: The Bid For Survival By A Dying Capitalist Order, by Rainer Shea

American Jesus

Image by Chris Barker via Flickr

by Rainer Shea
Writer, Dandelion Salad
Rainer Shea’s Newsletter
May 7, 2022

In the midst of the threat of Roe V. Wade being overturned, and abortion being automatically banned in 13 states within the next two months, the calls from liberals to vote come across as totally vapid. This is because over the last several decades, we’ve seen dozens of times what happens whenever Democrats become the dominant party: they fail both due to their own lack of principles, and due to the reactionary nature of America’s political structures. Because of this, the paradigm is pushed further towards fascism regardless of which party is in charge. In the present moment, where U.S. hegemony is in decline and capitalism is the most unstable it’s ever been, this dynamic is intensifying.

Continue reading