[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 resilience and strategic foresight. The rise of BRICS signals a global economic shift, challenging U.S. dominance established post-WWII. Hudson underscores the importance of understanding history over neoliberal economics to address contemporary challenges effectively, advocating for alternative frameworks
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Michael Hudson considers the following as important: Globalism and its Institutions, Interviews
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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 resilience and strategic foresight. The rise of BRICS signals a global economic shift, challenging U.S. dominance established post-WWII. Hudson underscores the importance of understanding history over neoliberal economics to address contemporary challenges effectively, advocating for alternative frameworks to navigate global conflicts and economic transformations.
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