[unable to retrieve full-text content]Michael Hudson critiques the feasibility of Western economic strategies in war, emphasizing that without invasion and military occupation, victory is unattainable. He highlights the impracticality of modern democracies engaging in large-scale warfare due to public resistance to military drafts and social spending cuts. Western sanctions and resource mismanagement, he argues, strain domestic economies, while BRICS nations, particularly China, display...
Read More »Petrodollar Deal or No Deal
[unable to retrieve full-text content]Richard D. Wolff & Michael Hudson: ICC Arrest Warrants Issued for Netanyahu,Ukraine escalations, G20 Dialogue Works • 1:14:45 • NIMA ALKHORSHID: Hi, everybody. Today is Thursday, November 21st, and we have Michael Hudson and Richard Wolff with us here. Welcome back. RICHARD WOLFF: Thank you, Nima. Glad to be here. MICHAEL HUDSON: Yep! NIMA ALKHORSHID: Continue Reading The post Petrodollar Deal or No Deal first appeared on Michael Hudson.
Read More »A Concept of a Plan … for the National Interest
[unable to retrieve full-text content]This discussion highlights the structural challenges facing America’s economic and political system, emphasizing how vested interests manipulate markets, language, and policy to sustain inequality. The U.S. operates in a "stacked marketplace," favoring creditors and employers over wage earners, with little public debate or university-level economic critique. While populist narratives resonate, substantive solutions remain elusive. Richard Wolff...
Read More »Beyond Surface Economics: The Case for Structural Reform
[unable to retrieve full-text content]Michael Hudson discusses the evolving disconnect between modern economics and practical economic realities, using the example of American capitalism and its global influence. He critiques the shift towards finance capitalism and deregulation, comparing it to Thatcher-era England’s libertarian model, which minimized state intervention in the economy. This trajectory, according to Hudson, has led to a situation where government influence is overridden...
Read More »The Revolt of the Working Class: What Trump’s 2024 Win Reveals About American Discontent
[unable to retrieve full-text content]In a recent economic roundtable, economists Richard Wolff and Prof Michael Hudson analyzed the surprising factors behind Donald Trump’s 2024 election victory. Wolff attributed Trump’s win to a deep, growing resentment among the American working class, disillusioned by four decades of neoliberal globalization. This shift hollowed out U.S. manufacturing, devastated cities like Detroit, and stripped jobs from communities, creating a longing for a...
Read More »US Election: The Illusion of Choice
[unable to retrieve full-text content]Explore Richard Wolff and Michael Hudson's analysis on the state of U.S. politics, revealing the bipartisan silence on global power shifts, economic priorities, and the illusion of choice in upcoming elections. From U.S. foreign policy to the influence of corporate interests, they discuss the challenges America faces in an era of declining empire and rising global alliances. The post US Election: The Illusion of Choice first appeared on Michael Hudson.
Read More »BRICS Summit in Kazan: Setting the Stage for a New World Order
[unable to retrieve full-text content]Both Richard D Wolff & Michael Hudson emphasized that this summit, while not conclusive, sets the stage for potential long-term transformation in international power dynamics, with BRICS working to shape an order that may increasingly diverge from Western influence. The post BRICS Summit in Kazan: Setting the Stage for a New World Order first appeared on Michael Hudson.
Read More »Genocide’s Moral Wall
[unable to retrieve full-text content]In this interview, economists Michael Hudson and Richard Wolff discuss the U.S.'s influence on Israel and the broader Middle East, arguing that America's actions undermine the sovereignty of other nations. They assert that the U.S. uses Israel as a tool to maintain control over the region, particularly its oil resources, and prevent countries like Iraq and Libya from achieving true independence. They also highlight the selective use of "sovereignty" in...
Read More »Sovereignty in Crisis: Israel, Palestine, and America’s Global Agenda
[unable to retrieve full-text content]Explore how U.S. influence shapes Israel’s role in the Middle East conflict, challenging notions of sovereignty in a broader global war involving NATO, Palestine, and BRICS nations like China and Russia. The post Sovereignty in Crisis: Israel, Palestine, and America’s Global Agenda first appeared on Michael Hudson.
Read More »Zionists the USA’s Trouble Makers
[unable to retrieve full-text content]"I don't think there were any non-Jewish Americans that had that visceral hatred of Islam that the Zionists had, or also the visceral hatred of Russia, specifically for anti-Semitism of past centuries, most of which was in Ukraine and Kiev, by the way. Well, that was 50 years ago, and these sanctions that Jackson introduced, the U.S. Trade, became the prototypes for today's sanctions against all the countries that the neo-cons viewed as adversaries." The...
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