Publication by Michael Hudson : Sage Journals Abstract Marx and many of his less radical contemporary reformers saw the historical role of industrial capitalism as being to clear away the
Radhika Desai, Michael Hudson at the Valdai Club. Understanding of the dollar’s world role is dominated by the ideas of ‘dollar hegemony’ and ‘US hegemony’. In this paper, based on
The crisis of 2020 has created the greatest wealth gap in history. The middle class, capitalism and democracy are all under threat. What went wrong and what can be done? In a matter of decades, the United States has gone from a largely benign form of capitalism to a neo-feudal form that has created an […]
The Grayzone’s Max Blumenthal and Ben Norton interview world-renowned economist Michael Hudson on his concept of American “super imperialism” and the economics of the new cold war on China and Russia. 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. Transcript Ben Norton 0:03 Hello everyone, I’m […]
By Michael Hudson and posted with special permission Nearly half a millennium ago Niccolo Machiavelli’s The Prince described three options for how a conquering power might treat states that it defeated
Michael Hudson and Pepe Escobar discuss rent and rent-seeking, i.e., unproductive economic activity, in the US and China mainly but including the Russian, Iranian and Brazilian economies. In the first
Dear friends, I have always held Michael Hudson in the greatest esteem. Not only do I consider him my favorite US economist out there, I also know that he is
This morning, Naked Capitalism carried a piece by economist Michael Hudson on the ramifications of the pandemic on the U.S. economy. Hudson explained how to escape from catastrophe by looking at a biblical perspective.
[this interview was made for the Unz Review] Introduction: After posting Michael Hudson’s article “America Escalates its “Democratic” Oil War in the Near East” on the blog, I decided to
by Michael Hudson exclusively for the Saker Blog The mainstream media are carefully sidestepping the method behind America’s seeming madness in assassinating Islamic Revolutionary Guard general Qassim Suleimani to start
