Michael Hudson and Richard Wolff dissect the United States’ new National Security Strategy, arguing that America’s pursuit of security through global control is accelerating de dollarisation, fragmenting Europe, and exposing the contradictions of finance capitalism in a multipolar world.
Zohran Mamdani’s New York victory lands as a national warning shot: young voters abandoning establishment Democrats, donor politics exposed, and a new fault line opening around oligarchy, war, and party control. Hudson and Wolff argue the backlash is less about policy details than power, with municipal socialism becoming a staging ground for wider battles over money in politics, empire decline, and what a credible alternative must deliver.
Europe’s economic crisis is increasingly driven by political decisions rather than market forces. This analysis examines EU energy policy, frozen Russian assets, deindustrialisation, and growing dependence on the United States, with insights from economists Michael Hudson and Richard Wolff on why Europe’s current trajectory is economically unsustainable.
An analysis of why the so-called US–NATO ceasefire proposal functions as a political narrative rather than a genuine peace initiative. Michael Hudson argues the plan is designed to shape public opinion, manage blame, and secure postwar leverage over assets, accountability, and history, rather than to end the war in Ukraine.
https://www.youtube.com/live/wJ50LFtjtnA?si=CDp8aqAYMehKYt7Y
NIMA ALKHORSHID: Hi, everybody. Today is Thursday, December 11, 2025, and our dear friends, Richard Wolff and Michael Hudson, are here with us. Welcome back, Richard and Michael.
MICHAEL HUDSON: Good to be back.
RICHARD WOLFF: Good to be here.
NIMA ALKHORSHID: Please subscribe and hit the like button and follow Richard and Michael. You see their names on the picture, you see democracyatwork.info. You can go to the website or to the YouTube channel. Michael Hudson is at michael-hudson.com. You can go there and find the transcripts of these interviews that we're doing here on this podcast and a lot of other articles that Michael usually publishes on his website.
Let me start, Michael, with you and with the new national security strategy of the United States. The new doctrine indicates or targets ...