Tag Archives: China

from Dean Baker Donald Trump is the world’s leading expert in getting things wrong and one thing he gets wrong bigly is the value of the U.S. domestic market. Trump seems to believe that our domestic market is incredibly valuable to the rest of the world and that access to it should allow him to extort large concessions from the rest of the world. This is a seriously wrong understanding of the world economy. The basic point is a simple one, when other countries sell us things, they are...

Peak Babies was in 2012. At this moment, we´re back to the level of forty years ago (and the most recent data may well be an overestimate). For the first time in centuries, cohorts entering the global labour market will soon be smaller than the cohorts preceding them. Even when there are significant differences in levels between countries, the years around 1970 were a turning point everywhere. In 1965, the relentless movement towards below-replacement human reproduction started....

21st of October 2024 I am so happy to have been asked to contribute to this round table in honour of David. We were close friends for over fifty years. All who knew him well could sense the extraordinary unity between his life and work. His life bore testimony to his ideals. There were no obvious tensions, loose pieces. I want to capture something of what we got from him because his thinking remains an indispensable fount of wisdom in an increasingly deranged world. Let me start...

Watch the interview here

[unable to retrieve full-text content]RADHIKA DESAI: Hello and welcome to the 24th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our time. I’m Radhika Desai. MICHAEL HUDSON: I’m Michael Hudson. RADHIKA DESAI: And working behind the scenes to bring you our show every fortnight are our host, Ben Norton; our videographer, Paul Graham; Continue Reading The post China: Local Flowers Bloom first appeared on Michael Hudson.

Europe’s foreign policy has been hacked and captured by US Neocon interests. That capture poses a dire threat to both European democracy and global security. The threat to global security is because Europe is now captive in the US Neocon war on China and Russia. The threat to democracy comes from European voters gradually intuiting […]

Below are three brilliant articles and one interview that help understand geopolitics at the beginning of 2024. In my view, they should be read by anyone interested in the geopolitical situation & should be required reading for students of international relations and international political economy: US Foreign Policy is a Scam Built on Corruption, Jeffrey […]

[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...

The collective volume THE GREEK CAPITALISM IN CRISIS – MARXIST ANALYSES has been translated Chinese and published in China. The book was edited by Stavros Mavroudeas and includes contributions of several Greek Marxist political economists. It was originally written in English and published by Routledge. The Chinese edition was translated in the NorthWest University (in X’ian) and published by China Economics Publishers. Several presentations of the book in Chinese...

[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...