Michael Hudson and Radhika Desai: The Rise and Failure of the US Dollar Imperialism

Barry - IMF & World Bank Economic Terrorists

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by Michael Hudson
Writer, Dandelion Salad
February 28, 2023

Geopolitical Economy Report on Feb 24, 2023

Economists Radhika Desai and Michael Hudson explain the end of the British empire’s sterling area with the rise of the US dollar system, its central role in imperialism, and why it ultimately failed to accomplish Washington’s hegemonic goals.

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Michael Hudson and Radhika Desai: Since Money is Political

For All Debts...

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by Michael Hudson
Writer, Dandelion Salad
February 20, 2023

Geopolitical Economy Report on Feb 10, 2023

Economists Radhika Desai and Michael Hudson explain the relations between money and debt, their role in imperialism, and the rise of the US dollar system.

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The World Bank — Underneath The Rhetoric, The Usual Right-Wing Prescriptions, by Pete Dolack

Resist Austerity

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by Pete Dolack
Writer, Dandelion Salad
Systemic Disorder, Feb. 1, 2023
February 4, 2023

Every so often, the World Bank puts out a paper that calls for better social protection or at least a somewhat better deal for working people. The public relations people there evidently believe we have very short memories.

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Michael Hudson: The World Bank Has Always Been An Arm Of The U.S Military

Barry - IMF & World Bank Economic Terrorists

Image by cool revolution via Flickr

by Michael Hudson
Writer, Dandelion Salad
November 5, 2022

India & Global Left on Nov 4, 2022

Prof. Hudson speaks on the nature of US financial dominance, the role of World Bank in developing countries, USA’s ability to run a huge balance of payment deficit, changes in Russia after the fall of the Soviet Union, the problems of US economy with post-industrialization, and the role of neoclassical economics in all this.

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

Barry - IMF & World Bank Economic Terrorists

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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.

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American Diplomacy as a Tragic Drama, by Michael Hudson

World War 3 - XV

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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.

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Michael Hudson: Finance Capitalism’s Self-Destructive Nature

Capitalism = economic terrorism

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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.

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Banks Fueling Global Warming Is Business As Usual, by Pete Dolack

Financing Climate Change

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by Pete Dolack
Writer, Dandelion Salad
Systemic Disorder, Apr. 27, 2022
April 28, 2022

The gap between what needs to be done to save the Earth from the environmental disaster of unchecked global warming and what is actually being done continues to widen. Yet another exemplar of this gap is the funding practices of the world’s biggest banks.

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Michael Hudson: The Neoliberal Exploitation Under a Super-Imperialism Lens

Smash US Empire

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with Michael Hudson
Writer, Dandelion Salad
November 8, 2021

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.

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Michael Hudson: Super Imperialism: The Economic Strategy of American Empire

Barry

Image by cool revolution via Flickr

with Michael Hudson
Writer, Dandelion Salad
October 24, 2021

The Grayzone on Oct 19, 2021

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.

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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?

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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

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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.

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

China Industry

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.

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John Pilger: The New Rulers of The World

Barry

Image by cool revolution via Flickr

Dandelion Salad

Previously posted July 5, 2008

With John Pilger

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.

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Breaking the Dam for Western Debt Slavery by Finian Cunningham

Barry

Image by cool revolution via Flickr

by Finian Cunningham
Writer, Dandelion Salad
East Africa
Crossposted from Strategic Culture Foundation, Sep. 2, 2018
September 6, 2018

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”.

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