Tag Archives: Nima

[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...

[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.

[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.

[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...

[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.

[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...

[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...

[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...