Prof Michael Hudson provides insight on the waning US power structure as short termism bites. He explains how Labor internationally has become even more right wing than the conservatives. Another fascinating discussion.
The Secret of the Long March
https://www.youtube.com/watch?v=QuKG___qK-8 RADHIKA DESAI: Hello and welcome to the 36th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our world. I'm your host, Radhika Desai. MICHAEL HUDSON: And I'm Michael Hudson. RADHIKA DESAI: And working behind the scenes to bring you our show every fortnight are our host Ben Norton, our videographer Paul Graham, and our transcriber Zach Weisser. Thanks to many conferences I've been to, our usually fortnightly show has become a monthly show, that is, it's been a month since our last show. And what a month it's been. The historic U.S. election results came in while I was at the Valdai Discussion Club conference. Traditionally, it ends with a speech, usually a landmark speech, by President Putin. This time was no different. Two days after the U.S. ...
Weaponizing the US Dollar
Trump has promoted a number of plans to make America strong – at other countries’ expense. Given his “we win; you lose” motto, some of his plans would produce the opposite effect of what he imagines. That would not be much of a change in U.S. policy. But I suggest that Hudson’s Law may be peaking under Trump: Every U.S. action attacking other countries tends to backfire and end up costing American policy at least twice as much. We have seen it become normal for foreign countries to be the beneficiaries of U.S. policy aggression. This is most obviously the case for America’s trade sanctions against Russia. If the United States is not itself the loser (as in cutting the Nord Stream pipeline led to its soaring LNG exports), then its allies ...
As Good As It Gets
The current global economic and political landscape is increasingly unstable, driven by U.S. policies aimed at maintaining dominance through chaos. Key issues include energy crises, such as Europe’s dependence on Russian gas, and rising geopolitical tensions involving BRICS nations and NATO. The U.S. sanctions strategy strains global energy markets and destabilizes debtor nations, while nationalist movements gain traction in Europe. With challenges like fracking decline, rising energy costs, and policy conflicts, the world faces economic disarray and uncertain paths forward.
The Irony of Calling the Opponents of Nazism Nazis
Hudson & Wolff on the geo-political pressures emanating through South Korea, Ukraine, Europe. Its through wide lense discussions like this that we recognise how inter-connected the world is!
The U.S. Strategy of Controlled Anarchy: Syria, Ukraine, and Beyond
An analysis of geopolitical dynamics with Prof Michael Hudson & Dr Richard Wolff, particularly focusing on the U.S.’s strategic involvement in the Middle East, the ongoing conflict in Ukraine, and the broader implications for global power structures, including NATO, BRICS, and the decline of American global dominance.
Contesting the Corontation of the Rentier
Prof Michael Hudson discusses with his Patreon supporters the issues of the day. We traverse through rentier commissions, Ponzi schemes, the isolation of Israel and America,
A Civilizational Split
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.
Petrodollar Deal or No Deal
Richard D. Wolff & Michael Hudson: ICC Arrest Warrants Issued for Netanyahu,Ukraine escalations, G20 Dialogue Works • 1:14:45 • https://www.youtube.com/live/jQkNAQQoTxw NIMA ALKHORSHID: Hi, everybody. Today is Thursday, November 21st, and we have Michael Hudson and Richard Wolff with us here. Welcome back. RICHARD WOLFF: Thank you, Nima. Glad to be here. MICHAEL HUDSON: Yep! NIMA ALKHORSHID: And let's get started with the breaking news about Netanyahu and Gallant. We've learned that ICC, we've learned about the ICC arrest warrant on Netanyahu and Gallant, the former defense minister of Israel. And here is what we heard from CNN. CNN NEWS CLIP: “The criminal court has just issued arrest warrants for Israeli prime minister Benjamin Netanyahu and former Israeli defense minister Yoav Gallant, accusing them of war crimes in Gaza, and also for a top Hamas commander, also known ...
A Concept of a Plan … for the National Interest
This discussion highlights the structural challenges facing America’s economic and political system, emphasizing how vested interests manipulate markets, language, and policy to sustain inequality. The U.S. operates in a “stacked marketplace,” favoring creditors and employers over wage earners, with little public debate or university-level economic critique. While populist narratives resonate, substantive solutions remain elusive.
Richard Wolff suggests reframing immigration as an economic growth tool, historically integral to U.S. prosperity. By crafting a bold, inclusive narrative—such as guaranteeing jobs for all citizens and immigrants—he argues for uniting communities rather than pitting them against each other. Michael Hudson supports a historical approach to understanding economic issues, advocating for storytelling that explains policies’ real-world impacts to inspire systemic change.
