A Civilizational Split

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Michael Hudson critiques the feasibility of Western economic strategies in war, emphasizing that without invasion and military occupation, victory is unattainable. He highlights the impracticality of modern democracies engaging in large-scale warfare due to public resistance to military drafts and social spending cuts. Western sanctions and resource mismanagement, he argues, strain domestic economies, while BRICS nations, particularly China, display resilience and strategic foresight. The rise of BRICS signals a global economic shift, challenging U.S. dominance established post-WWII. Hudson underscores the importance of understanding history over neoliberal economics to address contemporary challenges effectively, advocating for alternative frameworks to navigate global conflicts and economic transformations.

Twice as Important

IMF showdown with China in Morocco, October 12, 2023 This year’s annual IMF/World Bank meetings in Morocco are the most explicitly confrontational yet by US/NATO diplomacy toward China and its fellow BRICS+ allies. It is not really rivalry, because US neoliberal financial policy is so different from the aims that the BRICS+ countries have been developing ...

The Destiny of China

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Here I present The Destiny of Civilization to a Chinese audience via the Global University of Sustainability. It's in 4 Parts, originally presented in 2022. https://www.youtube.com/watch?v=HAC4gGRAJ3Q https://www.youtube.com/watch?v=3hzYUE_VV-Y https://www.youtube.com/watch?v=UBgUIUgGZsg https://www.youtube.com/watch?v=CCMaxnmxaxw   Image by 畅 苏 from Pixabay

Krugman Clings to Currency Tropes

In this conversation with Geopolitical Economy Report editor Ben Norton, economist Michael Hudson responds to the misleading arguments against de-dollarization that New York Times columnist Paul Krugman made in his attempt to defend US hegemony and the dollar system. Hudson also discussed the ongoing US banking crisis and collapse of four banks in two months in another ...

Sitting on the Shoulders of Global Fracture

Economists Radhika Desai and Michael Hudson discuss Russia’s economic transition away from the neoliberal West and integration with what it calls the “World Majority” in the Global South. By Radhika Desai and Michael Hudson. In this episode of their program Geopolitical Economy Hour, economists Radhika Desai and Michael Hudson discuss Russia’s economic transition away from the neoliberal West and ...

Mid 2022 Geo-Political Levers at Play

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  Economist Michael Hudson on inflation and Fed plan to cut wages: A depression is coming Economist Michael Hudson explains the inflation crisis and US Federal Reserve’s “austerity program to reduce wages” and boost unemployment. He warns a “long depression” is coming, due to the new cold war on Russia and China. https://www.youtube.com/watch?v=-AJwMvCxwm0   Economist Michael Hudson explains the inflation ...

China – a Sub-Imperial Ally of the West?

Hudson Bond debate PART II March 28, 2022 Is China’s Belt and Road initiative a socialist or capitalist approach to trade? Michael Hudson and Patrick Bond discuss and debate on theAnalysis.news with Paul Jay. https://www.youtube.com/watch?v=khzqxwBJ0js&feature=emb_logo TRANSCRIPT Paul Jay Hi and welcome back to theAnalysis.news, I’m Paul Jay. We’re going to continue our conversation with Patrick Bond and Michael Hudson about ...

The World’s Absentee Landlord

In this wide-ranging discussion on the Moderate Rebels podcast, Hudson addresses US sanctions on Venezuela and Iran, the policies of the Joe Biden administration, Beijing’s economic model, cryptocurrencies, and dedollarization – the potential end to the dollar as the global reserve currency. Transcript Ben Norton 0:03 Hello everyone, I’m Ben Norton. You’re watching Moderate Rebels. And there will ...

Food Blackmail, the Washington Consensus and Freedom

  Michael Hudson discusses his seminal work of 1972, Super Imperialism: The Economic Strategy of American Empire, a critique of how the US exploits foreign economies through IMF and World bank debt; difference between the IMF and World Bank; World Bank dysfunctional from the outset; loans made in foreign currency only; policy to provide loans for ...

Cold War 2.0

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Trump’s Trade Threats are really Cold War 2.0 President Trump has threatened China’s President Xi that if they don’t meet and talk at the upcoming G20 meetings in Japan, June 29-30, the United States will not soften its tariff war and economic sanctions against Chinese exports and technology. Some meeting between Chinese and U.S. leaders will indeed ...

European Care for the Elderly 2016

Michael Hudson, Speech to SANICADEMIA, May 10, 2016 in Villach, Austria for the 5th International Congress on Geriatrics and Gerontology = 59th Austrian Convention for Hospital Management, “We’re Living Longer: The healthcare challenges for today and tomorrow.” The most obvious approach to look at how European care for the elderly will evolve is to project technological ...