Geopolitical Economy Hour | Michael Hudson

High Finance & Investment Colonialism

By Michael Tuesday, August 29, 2023 Financial, Interviews Geopolitical Economy Hour Permalink

"Imperialism: How the struggle of both classes and nations creates our world" Geopolitical Hour 16, August 29, 2023. https://www.youtube.com/watch?v=vKVjpKCFd28 RADHIKA DESAI: Hello and welcome to the 16th Geopolitical Economy Hour, the fortnightly show in which we discuss the political and geopolitical economy of our times. I'm Radhika Desai. MICHAEL HUDSON: And I'm Michael Hudson. RADHIKA DESAI: And we are recording this show on the last day of what may well be remembered as a historic BRICS summit, defying no end of gleeful predictions in the Western press about the BRICS' irrelevance, disunity, mendaciousness, authoritarianism, and whatnot. The five major countries that today constitute the BRICS, despite their relative poverty, constitute a larger proportion of the world economy, measured by PPPs, that is to say purchasing power parity. And they have been able to come together and ...

Towards a Demilitarized Global Currency

By Michael Monday, August 7, 2023 Interviews Geopolitical Economy Hour Permalink

War hawks' drive to expand NATO into Asia may destroy Western military alliance Geopolitical Hour, August 4, 2023 RADHIKA DESAI: Hello everyone and welcome to the Geopolitical Economy Hour, a program that discusses the political and geopolitical economy of our time. I'm Radhika Desai. MICHAEL HUDSON: And I'm Michael Hudson. RADHIKA DESAI: And today we have once again Pepe Escobar, roving reporter extraordinaire. Welcome, Pepe. PEPE ESCOBAR: Thank you. It's an enormous pleasure to be with you guys again. RADHIKA DESAI: And today we are going to continue the discussion we started in the last Geopolitical Economy Hour, entitled NATO Out of Bounds, War Against Russia, War Against China. Last time we discussed where the Vilnius Summit had left NATO and the divisions within the alliance that the summit had exposed, how the proxy war on ...

NATO Moves to Bait China

By Michael Friday, July 28, 2023 Interviews Geopolitical Economy Hour Permalink

Geopolitical Economy Report, July 28, 2023 NATO failed in Ukraine against Russia. Now it's targeting China By Radhika Desai and Michael Hudson. 93.1K subscribers Political economists Radhika Desai and Michael Hudson are joined by geopolitical analyst Pepe Escobar to discuss how NATO has shifted from its proxy war against Russia in Ukraine to targeting China in the Pacific. RADHIKA DESAI: Hello, everyone, and welcome to the 15th Geopolitical Economy Hour, the fortnightly show on the political and geopolitical economy of our times. I'm Radhika Desai. MICHAEL HUDSON: And I'm Michael Hudson. RADHIKA DESAI: And today we propose to discuss NATO in the aftermath of its recently concluded Vilnius Summit, exploring a variety of questions about how its assault on Russia is faring and the prospects of extending its sphere of operations to what NATO leaders like to call ...

Economic Interference in the Global South

By Michael Wednesday, July 12, 2023 Interviews Geopolitical Economy Hour Permalink

https://www.youtube.com/watch?v=x13cSy8S8To RADHIKA DESAI: Hi, everyone, and welcome to this 13th Geopolitical Economy Hour, the fortnightly show on the political and geopolitical economy of our times. I'm Radhika Desai. MICHAEL HUDSON: And I'm Michael Hudson. RADHIKA DESAI: And today, as last time, we are joined by Anne Pettifor to discuss the urgent issue of our time, the third world debt crisis. And as I said last time, we couldn't find a more authoritative guest for this show. Anne hardly needs any introduction, but I do feel I should remind everyone of what she's done, particularly in relation to the debt and also the fuller range of her contributions. Anne is a prolific writer on issues of debt, finance and development. And she has also been one of the most important activists on the issue of third ...

Third World-Like Debt Crisis

By Michael Monday, June 26, 2023 Interviews Geopolitical Economy Hour Permalink

A new Third World debt crisis? The need for system change https://www.youtube.com/watch?v=-uxyjIFqi4o RADHIKA DESAI: Hello and welcome to this 12th Geopolitical Economy Hour, the fortnightly show on the political and geopolitical economy of our times. I'm Radhika Desai. MICHAEL HUDSON: And I'm Michael Hudson. RADHIKA DESAI: And today we are joined by Anne Pettifor to discuss an urgent issue of our time, that of the third world debt crisis. As we record this, this is the topic of the Summit on New Global Financing Pact called by Emmanuel Macron in Paris. And we couldn't find a more authoritative guest for this show. Anne Pettifor does not really need any introduction, and I'm only going to give one to remind ourselves of the range of her contributions. She's a prolific writer on issues relating ...

Achieving by Undermining

By Michael Tuesday, May 30, 2023 Financial, Interviews Geopolitical Economy Hour Permalink

RADHIKA DESAI: Hello and welcome to the 10th Geopolitical Economy Hour, the fortnightly show in which we discuss the political and geopolitical economy of our times. I'm Radhika Desai. MICHAEL HUDSON: And I'm Michael Hudson. RADHIKA DESAI: And as last time, we have once again with us today, Professor Mick Dunford, professor emeritus at Sussex University and visiting scholar at the Chinese Academy of Sciences. Mick is based in Beijing and his work focuses on world development, especially in Eurasia and China. And as you know from the last episode, Mick is here to help us discuss the political and geopolitical economy of the conflict over Ukraine. Last time we discussed the political and geopolitical economy of the conflict vis-a-vis Ukraine, Russia, and Europe. And in this episode, we would like to discuss the ...

Neo-Liberal Machine Corners Ukraine, EU

By Michael Tuesday, May 16, 2023 Interviews Geopolitical Economy Hour Permalink

“Ukraine's neoliberalism on steroids, Europe’s economic suicide,” Geopolitical Hour 9, May 15, 2023. https://www.youtube.com/watch?v=6bF3QkHIB7I RADHIKA DESAI: Hello everyone and welcome to this ninth Geopolitical Economy Hour, the fortnightly show on the political and geopolitical economy of our times. I'm Radhika Desai. MICHAEL HUDSON: And I'm Michael Hudson. RADHIKA DESAI: And today we have a special guest, Professor Mick Dunford. Mick is Professor Emeritus at Sussex University and a visiting scholar at the Chinese Academy of Sciences and his work focuses on world development, especially of Eurasia and China. Mick is going to help us discuss the political and geopolitical economy today of the Ukraine conflict. The conflict is dragging on. The much anticipated spring offensive has started and is sputtering. Western propaganda is beginning to portray what we know is in many cases a bloodbath for ...

The QE Quandry

By Michael Monday, May 1, 2023 Interviews de-dollarization, Geopolitical Economy Hour Permalink

In this episode of their program Geopolitical Economy Hour, Radhika Desai and Michael Hudson discuss de-dollarization, the global drive to drop the US dollar, and the transition away from financialized neoliberalism toward a new economic system. You can find more episodes of the Geopolitical Economy Hour here. https://www.youtube.com/watch?v=0Jxl4LRpIpw Podcast Transcript (smoothed) RADHIKA DESAI: Hi everyone, welcome to this eighth Geopolitical Economy Hour, the fortnightly show on the political and geopolitical economy of our times. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: And this will be the fourth and final show on de-dollarization. As you know, we initially decided to do a couple of shows on de-dollarization, but Michael and I have written lots about it, both jointly and individually. And we have lots to say. So it eventually became three programs, and even then ...

Sitting on the Shoulders of Global Fracture

By Michael Sunday, April 16, 2023 Globalism and its Institutions Geopolitical Economy Hour Permalink

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 integration with what it calls the “World Majority” in the Global South. You can find more episodes of Geopolitical Economy Hour here. Transcript RADHIKA DESAI: Hi everyone, welcome to the seventh Geopolitical Economy Hour, a program about the political and geopolitical economy of the fast-changing world of today. ‘m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: And as some of you know I just got back from Russia which is why we are doing this show with a ...

The Treasury Privatized?

By Michael Thursday, March 30, 2023 Articles, Interviews Geopolitical Economy Hour Permalink

Geopolitical Economy Hour #6 https://youtu.be/y1je89h1eIg Posted to youtube 2023.03.25 RADHIKA DESAI: Hello everyone, and welcome to the sixth Geopolitical Economy Hour, the fortnightly show on the political and geopolitical economy of our time. I'm Radhika Desai. MICHAEL HUDSON: And I'm Michael Hudson. RADHIKA DESAI: As you know, the last time when we closed we were scheduled to do our fourth and final show on the subject of dedollarization. However, as you know, the best laid plans can be thrown awry by, as Harold MacMillan said, "Events, my dear boy, events." Since we published the fifth show we've had what looks like the biggest financial crisis since 2008 and 2020 on our hands, with the usual flurries of bailouts and emergency actions, which in other words amounts simply to a socialism for the rich. So of course Michael ...