July, 2025 | Michael Hudson

The MAGA Mirage

By Michael Thursday, July 31, 2025 Interviews Geopolitical Economy Hour Permalink

Michael Hudson and Radhika Desai dissect the economic illusion of Trump’s presidency six months into his second term. From manipulated markets to rising debt, gutted institutions, inflationary tariffs, and vanishing public services, they show how Trump’s policies enrich the top 1% while accelerating decline for everyone else. As MAGA voters begin to feel betrayed, and even allies like Elon Musk break ranks, the cracks widen. This episode unpacks how perception replaces policy—and why the crash may come faster than expected.

From Hammurabi to Hedge Funds

By Michael Wednesday, July 30, 2025 Interviews classical economics Permalink

Michael Hudson traces how ancient rulers like Hammurabi used debt cancellation to sustain economies—contrasting it with today’s refusal to curb rentier power. Drawing from decades of research and Bronze Age records, Hudson reveals how debt, land, and monopoly rent now choke productivity in the West. He draws parallels between bank lending and ponzi schemes, redefines GDP, and calls for a return to classical economics. With financialized economies in slow collapse, Hudson urges a reset: tax unearned income, not labor, or face the same fate as fallen empires.

A Precondition for Economic Sovereignty

By Michael Wednesday, July 23, 2025 Articles economic rent Permalink

An excerpt from Michael’s as yet unreleased book tracking the role of debt and public finance from medieval times to the present.

Isolation Economics

By Michael Monday, July 21, 2025 Articles Nima Permalink

Hudson & Wolff are escorted through the issues of the day, progressive Jews opposing genocide, tariff-esque economic horror when it comes to cars. Listen to two wise heads lament at the state of US political economy.

The Challenge to Dollar Hegemony and Global Debt

By Michael Monday, July 21, 2025 Interviews BRICS Permalink

What happens when the Global South rejects dollar dominance? Michael Hudson explores how BRICS aims to build an alternative to Western debt traps and rent-based economies. With U.S. financial power rooted in global dependency and extraction, Hudson predicts a paradigm shift toward real productivity—and away from the rentier economy that defined the 20th century.

BRICS vs. the Rentier Economy

By Michael Thursday, July 17, 2025 Interviews BRICS, Nima Permalink

As BRICS nations confront U.S. tariffs and global economic instability, economists Michael Hudson and Richard Wolff argue that true independence lies in returning to classical economics—taxing economic rents, reclaiming sovereignty over resources, and rejecting neoliberal debt traps. Can BRICS revive the revolutionary path once charted by 19th-century industrial capitalism?

Why America No Longer Makes Its Own Future

By Michael Monday, July 7, 2025 Interviews Nima, Trump Permalink

Michael Hudson and Richard Wolff argue the U.S. is sabotaging its own economy through reckless tax cuts, rising inequality, and dollar devaluation. As foreign investors flee and domestic wealth concentrates, the era of dollar hegemony may be ending — with global implications.

The End of the Theater: Voters Versus the War Party

By Michael Monday, July 7, 2025 Interviews Nima Permalink

American politics has become theater—staged by billionaires, detached from reality. But as Hudson and Wolff show, voters are waking up. Mamdani’s unexpected win is a backlash against bipartisan war-making, student crackdowns, and media spin. It signals a break with the financialized, militarized status quo. This revolt, rooted in the real lives of workers and students, may spell the end of elite control. New York’s mayoral race wasn’t just a contest—it was an insurrection.

The War Beneath the War

By Michael Tuesday, July 1, 2025 Articles No tags Permalink

In this dynamic interview, economist Michael Hudson unpacks the deeper forces behind the U.S. war on Iran. Far beyond regional tensions, Hudson argues the conflict is part of a broader effort to preserve U.S. unipolar dominance, defend the petrodollar, and prevent the rise of a multipolar world led by BRICS, China, and Russia. With insights into oil, sanctions, and financial colonialism, Hudson reveals how U.S. strategy is less about peace — and more about power. Read or watch the full conversation to understand what’s really at stake.