[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 »Will Artificial Intelligence replace us? – The Article Interview
July 19, 2024 This essay falls into three parts. First, I discuss the question of what it is which makes humans unique — that is, irreplaceable. Second, I consider whether machines on balance enhance or diminish humanness. This has become an issue of the moment with the growth of machine intelligence. Finally, I try to answer two questions: how can we secure our survival as human beings? Is it worth trying to do so? A quick preview of my answer to the first question. Some...
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...
Read More »Why the War in Ukraine is Meant to Drag On: Strategic Goals, European Discontent, and NATO’s Role
[unable to retrieve full-text content]This episode of the Global Economy Hour discusses that the U.S., under the guise of promoting "freedom," is enforcing policies that undermine European sovereignty, especially in relation to energy dependence and trade with Russia and China. The irony of Western sanctions and coercion, which have not only failed to weaken targeted countries but have also fostered stronger alliances between nations like Russia, China, and members of BRICS, has countered...
Read More »A World Pushed to Resist: U.S. Policies and the Rise of Global Alliances
[unable to retrieve full-text content]The decline of U.S. global dominance is reshaping international alliances. As U.S. neoliberal policies and military actions continue to alienate nations, countries like China, Russia, and Iran are forming strategic coalitions. Driven by economic self-interest, these nations are pushing back against the U.S. hegemony, creating a new global order. The U.S. has underestimated this retaliation, failing to recognize the shifting power dynamics. This Dialogue...
Read More »U.S. Foreign Policy and Economic Shifts: Trump vs. Harris Debate Analysis
[unable to retrieve full-text content]Michael Hudson and Richard Wolff critique the lack of substantive policy debate in the Trump-Harris exchange, noting that key issues like U.S.-China relations and the economic decline of the U.S. were largely ignored. Both highlight that the debate focused on personality over policy, avoiding critical topics such as de-industrialization, foreign policy in Ukraine, and the shifting global economic landscape. Hudson points out the bipartisan reluctance to...
Read More »Debunking U.S. Bankruptcy Myths
[unable to retrieve full-text content]In this discussion, Michael Hudson argues that the real financial threat to the U.S. isn't government debt but rather private debt, especially the student debt crisis, which is exacerbated by policies that prevent bankruptcy relief. He explains that government debt, particularly U.S. Treasury securities, is actually a highly sought-after asset globally, held by foreign central banks and wealthy investors, and is unlikely ever to be fully repaid. Hudson...
Read More »Reshaping Christianity and the Modern State: A Journey from Usury to Fiscal Power
[unable to retrieve full-text content]Explore how the papacy’s war financing and the transformation of usury into interest reshaped Christianity and led to the rise of modern fiscal states and powerful banking families. The post Reshaping Christianity and the Modern State: A Journey from Usury to Fiscal Power first appeared on Michael Hudson.
Read More »How Rome Reversed Christianity: from Compassion to Control
[unable to retrieve full-text content]Brian: All right, Nate, we’ve done it. This is the System Failure Podcast number 50, and it’s an exciting one. Nathan: Yeah, number 50. Yeah, that’s impressive, Brian. That means we’ve been at this for more or less a year now, which is pretty exciting. And I love the idea that for episode number 50, Continue Reading The post How Rome Reversed Christianity: from Compassion to Control first appeared on Michael Hudson.
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