Monday , December 4 2023
Home / Michael Hudson

Michael Hudson



Articles by Michael Hudson

The Dumb Luck of Dollar Hegemony

8 days ago

[unable to retrieve full-text content]Support Michael Hudson’s unique perspective by joining his Patreon group, where we hold these quarterly discussions. Next is Thurs Dec 7th. Karl: Welcome everyone to another quarterly session with Michael. We’ve got to come up with a good nickname with these (sessions). They’re great discussions and we like to have a fireside type conversation with Continue Reading
The post The Dumb Luck of Dollar Hegemony first appeared on Michael Hudson.

Read More »

Economists as Hired Guns

9 days ago

[unable to retrieve full-text content]Nov 13 2023 with Steve Keen Pod version Published Nov 24 How Finance Capitalism Ruined the World – Dr. Michael Hudson & Dr. Steve Keen Dr. Michael Hudson is an American economist, Professor of Economics at the University of Missouri–Kansas City and a researcher at the Levy Economics Institute at Bard College, former Wall Street Continue Reading
The post Economists as Hired Guns first appeared on Michael Hudson.

Read More »

Understanding America’s Post-Industrial Economy

13 days ago

[unable to retrieve full-text content]  GLENN DIESEN: Welcome to today’s program. My name is Glenn Diesen. I’m a professor at the University of Southeastern Norway. With me is my colleague Alexander Mercouris from the very informative and popular Duran. The guest today is none other than the excellent Michael Hudson, a very renowned economist. He’s written brilliant books, which Continue Reading
The post Understanding America’s Post-Industrial Economy first appeared on Michael Hudson.

Read More »

The EU’s Desperate Need for a New Economic Framework

14 days ago

[unable to retrieve full-text content]WAR Against NATO Not Russia | China vs. USA | BRICS | Michael Hudson Dialogue works (Nima): We look at this war in Ukraine, it’s been 18 months in this war in Ukraine and Ukraine got devastated by this war. What was the endgame for the U.S. foreign policy in Ukraine? Michael Hudson: Well, it Continue Reading
The post The EU’s Desperate Need for a New Economic Framework first appeared on Michael Hudson.

Read More »

Were the Biblical Prophets Anti-Semitic?

17 days ago

[unable to retrieve full-text content]If the prophets of ancient Israel such as Isaiah, Jeremiah, Ezekiel, Malachi and Amos were alive today, Benjamin Netanyahu would accuse them of anti-Semitism for daring to describe his government as a travesty of what the Mosaic covenant was all about. A common thread running throughout the Jewish Bible – Christianity’s Old Testament – was Continue Reading
The post Were the Biblical Prophets Anti-Semitic? first appeared on Michael Hudson.

Read More »

Israel as a Landed Aircraft Carrier

21 days ago

[unable to retrieve full-text content]Transcript BEN NORTON: Why does the United States so strongly support Israel? In this video today, I’m going to be explaining the geopolitical and economic reasons why Israel is such an important part of U.S. foreign policy and Washington’s attempt to dominate not only the region of the Middle East, but really the entire world. Continue Reading
The post Israel as a Landed Aircraft Carrier first appeared on Michael Hudson.

Read More »

Multipolarity: China, Russia, Israel, India, and the difficult birth of a new world

October 20, 2023

[unable to retrieve full-text content]“Multipolarity: China, Russia, Israel, India, and the difficult birth of a new world,” Geopolitical Hour, October 19, 2021.   RADHIKA DESAI: Hello and welcome to the 17th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our time. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: And Continue Reading
The post Multipolarity: China, Russia, Israel, India, and the difficult birth of a new world first appeared on Michael Hudson.

Read More »

Twice as Important

October 13, 2023

[unable to retrieve full-text content]IMF showdown with China in Morocco, October 12, 2023 This year’s annual IMF/World Bank meetings in Morocco are the most explicitly confrontational yet by US/NATO diplomacy toward China and its fellow BRICS+ allies. It is not really rivalry, because US neoliberal financial policy is so different from the aims that the BRICS+ countries have been Continue Reading
The post Twice as Important first appeared on Michael Hudson.

Read More »

A BRICS+ Bank: How would it really function?

October 7, 2023

[unable to retrieve full-text content]This first week of October has seen U.S. interest rates soar to the 5% level on long-term Treasury bonds. That has made long-term Treasuries one of most attractive investment vehicles in the world, or even the most attractive. One obvious result is that countries aiming to dedollarize their central-bank reserves would make an untimely decision Continue Reading
The post A BRICS+ Bank: How would it really function? first appeared on Michael Hudson.

Read More »

Reciprocal Ignorance: East-West

September 24, 2023

[unable to retrieve full-text content]Geopolitical Economy Hour, September 23, 2023.  BRICS or NATO? G20 or G77? Summits debate changing world order RADHIKA DESAI: Hello and welcome to the 17th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our times. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: And today we Continue Reading
The post Reciprocal Ignorance: East-West first appeared on Michael Hudson.

Read More »

Financial Conquest So Insidious

September 11, 2023

[unable to retrieve full-text content]On this episode of RT’s Going Underground, we speak to former Wall Street Financial Analyst Michael Hudson, author of ‘The Collapse of Antiquity’. He discusses the origins of debt stemming from the oligarchy-dominated Ancient Greek and Roman ‘democracies’, the tradition of debt cancellation, and how the Roman and Greek oligarchies marked a turning point in Continue Reading
The post Financial Conquest So Insidious first appeared on Michael Hudson.

Read More »

High Finance & Investment Colonialism

August 29, 2023

[unable to retrieve full-text content]“Imperialism: How the struggle of both classes and nations creates our world” Geopolitical Hour 16, August 29, 2023. RADHIKA DESAI: Hello and welcome to the 16th Geopolitical Economy Hour, the fortnightly show in which we discuss the political and geopolitical economy of our times. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: Continue Reading
The post High Finance & Investment Colonialism first appeared on Michael Hudson.

Read More »

BRICS Keep Building

August 29, 2023

[unable to retrieve full-text content]BRICS+ is here. Danny Haiphong interviews Michael Hudson and Pepe Escobar, August 25, 2023. DANNY HAIPHONG: As you can see, it’s your host, Danny Haiphong, and I’m joined by two very special guests, friends of each other and friends of this show. We have the renowned economist Michael Hudson, author of The Collapse of Antiquity, Continue Reading
The post BRICS Keep Building first appeared on Michael Hudson.

Read More »

Creating an Independent World

August 15, 2023

[unable to retrieve full-text content]  Michael Hudson: Debt, Sponsors of the Wars, Future of USD and BRICS AK: Hello everyone.  Welcome back to my channel. I see we are live already, perfectly on time, with a Swiss Precision today, because I have fantastic guest – Mr. Michael Hudson, who has been recommended to me by the one and only Andre Marciano who said, Continue Reading
The post Creating an Independent World first appeared on Michael Hudson.

Read More »

The Destiny of China

August 10, 2023

[unable to retrieve full-text content]Here I present The Destiny of Civilization to a Chinese audience via the Global University of Sustainability. It’s in 4 Parts, originally presented in 2022.   Image by 畅 苏 from Pixabay
The post The Destiny of China first appeared on Michael Hudson.

Read More »

Eleven Objectives of Neoliberalism

August 8, 2023

[unable to retrieve full-text content]A series of lectures will be coming out of my relationship with Hong Kong’s Global University of Sustainability. These have been tiered to a Chinese audience, revealing another layer to my work. Thanks for all your support via Patreon.      Image by Владимир Харитонов from Pixabay
The post Eleven Objectives of Neoliberalism first appeared on Michael Hudson.

Read More »

Towards a Demilitarized Global Currency

August 7, 2023

[unable to retrieve full-text content]War hawks’ drive to expand NATO into Asia may destroy Western military alliance  Geopolitical Hour, August 4, 2023 RADHIKA DESAI: Hello everyone and welcome to the [15th] Geopolitical Economy Hour, a program that discusses the political and geopolitical economy of our time. I’m Radhika Desai.  MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: And today Continue Reading
The post Towards a Demilitarized Global Currency first appeared on Michael Hudson.

Read More »

NATO Moves to Bait China

July 28, 2023

[unable to retrieve full-text content]Geopolitical Economy Report, July 28, 2023   NATO failed in Ukraine against Russia. Now it’s targeting China By Radhika Desai and Michael Hudson. 93.1K subscribers  Political economists Radhika Desai and Michael Hudson are joined by geopolitical analyst Pepe Escobar to discuss how NATO has shifted from its proxy war against Russia in Ukraine to targeting China in Continue Reading
The post NATO Moves to Bait China first appeared on Michael Hudson.

Read More »

Global Economic History in 2.5 Hours

July 27, 2023

[unable to retrieve full-text content]Demystifying Economics, June 30 2023  Youtube: https://youtu.be/XyybzneS0To (part 1) and https://youtu.be/pSBvXCwUQYQ (part 2)   Dr. Michael Hudson is a professor of Economics at the University of Missouri Kansas City, political consultant, commentator, and journalist. His career has focused on the study of debt, both external and internal, with an eye on what happens when the exponentially growing Continue Reading
The post Global Economic History in 2.5 Hours first appeared on Michael Hudson.

Read More »

The Financial Upsweep

July 25, 2023

[unable to retrieve full-text content]A recent presentation to the Global University of Sustainability. Photo by Jason Leung on Unsplash
The post The Financial Upsweep first appeared on Michael Hudson.

Read More »

The Looming War Against China

July 22, 2023

[unable to retrieve full-text content]Economic Logic has been Replaced by National Security Overrides The July NATO summit in Vilnius had the feeling of a funeral, as if they had just lost a family member – Ukraine. To clear away NATO’s failure to drive Russia out of Ukraine and move NATO right up to the Russian border, its members tried Continue Reading
The post The Looming War Against China first appeared on Michael Hudson.

Read More »

Can the US Re-Industrialize?

July 19, 2023

[unable to retrieve full-text content]Ep. 232 Michael Hudson. Transcript Ep 232 Macro N Cheese – Hudson   https://realprogressives.org/podcast_episode/episode-232-is-the-us-a-failed-state-with-michael-hudson/ Michael Hudson [Intro/Music]: America cannot re-industrialize without reversing this whole philosophy of post-industrial society as a class war against labor. You can’t have both. You can’t have a class war against labor and reindustrialization with the labor unionization that goes with Continue Reading
The post Can the US Re-Industrialize? first appeared on Michael Hudson.

Read More »

Economic Interference in the Global South

July 13, 2023

[unable to retrieve full-text content]RADHIKA DESAI: Hi, everyone, and welcome to this 13th Geopolitical Economy Hour, the fortnightly show on the political and geopolitical economy of our times. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: And today, as last time, we are joined by Anne Pettifor to discuss the urgent issue of our time, the Continue Reading
The post Economic Interference in the Global South first appeared on Michael Hudson.

Read More »

ZIRP’s only Exit path is a Crash

July 10, 2023

[unable to retrieve full-text content]The United States’ Financial Quandary: ZIRP’s only Exit path is a Crash Abstract Interest-bearing debt grows exponentially, in an upsweep. The non-financial economy of production and consumption grows more slowly as income is diverted to carry the debt overhead. A crash occurs when a large part of the economy cannot pay its scheduled debt service. Continue Reading
The post ZIRP’s only Exit path is a Crash first appeared on Michael Hudson.

Read More »

Should there really be a Supreme Court? 

July 6, 2023

[unable to retrieve full-text content]Its role always has been anti-democratic. Vested interests create “checks and balances” primarily to make political systems non-responsive to demands for social reform. Historically, therefore, the checks are politically unbalanced in practice. Instead of producing a happy medium, their effect often has been to check the power of the people to assert their interests at Continue Reading
The post Should there really be a Supreme Court?  first appeared on Michael Hudson.

Read More »

America has Just Destroyed a Great Empire

June 29, 2023

[unable to retrieve full-text content]Herodotus (History, Book 1.53) tells the story of Croesus, king of Lydia c. 585-546 BC in what is now Western Turkey and the Ionian shore of the Mediterranean. Croesus conquered Ephesus, Miletus and neighboring Greek-speaking realms, obtaining tribute and booty that made him one of the richest rulers of his time. But these victories and Continue Reading
The post America has Just Destroyed a Great Empire first appeared on Michael Hudson.

Read More »

Third World-Like Debt Crisis

June 26, 2023

[unable to retrieve full-text content]A new Third World debt crisis? The need for system change   RADHIKA DESAI: Hello and welcome to this 12th Geopolitical Economy Hour, the fortnightly show on the political and geopolitical economy of our times. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: And today we are joined by Anne Pettifor to Continue Reading
The post Third World-Like Debt Crisis first appeared on Michael Hudson.

Read More »

Yellen’s Daydream

June 20, 2023

[unable to retrieve full-text content]Discussion by Michael Hudson with Kin Chi Lau, Global University, Hong Kong, June 5, 2023 There’s a big dam on the Dnieper River that supplies all of the water to Crimea and they blow it up. Thousands of homes have been flooded. Naturally, the Ukrainians said the Russians did it. The reason that Crimea was Continue Reading
The post Yellen’s Daydream first appeared on Michael Hudson.

Read More »

A Peculiar Grift

June 20, 2023

[unable to retrieve full-text content]Patrick Lovell Hi, my name is Patrick Lovell, and I want to welcome you to our latest effort in this podcast that I find myself incredibly compelled to do considering the confusion that we’re all in the midst of. I’m a producer of a five part docuseries known as The Con that is currently available Continue Reading
The post A Peculiar Grift first appeared on Michael Hudson.

Read More »

Buying US Debt Subsidizes Imperialism

June 5, 2023

[unable to retrieve full-text content]Michael Hudson | A piece of advice: Buying U.S. debt is to provide ammunition for U.S. military expansion Source: Observer Network 2023-06-01 08:01 The June 5 deadline referred by US Treasury Secretary Janet Yellen has fallen, and the US debt ceiling negotiations have entered the final congressional voting juncture. House Speaker McCarthy, who was eager Continue Reading
The post Buying US Debt Subsidizes Imperialism first appeared on Michael Hudson.

Read More »