Chronicles - Sovereign Global Majority

Archives

Economics

  • What is China’s Economic Future?

    Political economists Radhika Desai and Michael Hudson are joined by Beijing-based scholar Mick Dunford to discuss what is actually happening in China’s economy, explaining its technological development and transition toward a new industrial revolution.

    Radhika Desai and Michael Hudson at The Geopolitical Economy Hour.

    Video:

    Podcast:

    Transcript:

    RADHIKA DESAI: Hello and welcome to the 24th Geopolitical Economy Hour, the show that examines… Continue reading

    5
  • The Rocky Road to Dedollarization

    An Interview with Sergei Glazyev, guru extraordinaire of multipolar geoeconomics… ‘the dogs bark — the Caravan of the Global Juggernaut moves on‘

    By Pepe Escobar at Sputnik.
    Very few people in Russia and across the Global South are as qualified as Sergei Glazyev, an academic with a prominent role within the Eurasia Economic Union (EAEU), to speak… Continue reading

    3
  • The Reality of Bidenomics

    Political economists Radhika Desai and Michael Hudson discuss the rhetoric and reality of Bidenomics, and how good US President Joe Biden really was for the economy.

    Radhika Desai and Michael Hudson at The Geopolitical Economy Hour
    “what is Bidenomics? It’s a slogan for a war economy, financed by a financial bubble.”
    Video:

    Podcast:

    Transcript:
    RADHIKA DESAI: Hello and welcome to the 23rd Geopolitical… Continue reading

    1
  • eCONomics Part III: Banking 2.0

    A New Global Trade Currency Paradigm and the End of the Era of Dominant Western-based Fiat Currencies

    With thanks to our own Colin Maxwell of New Zealand.

    Please read in order: Part 1 ; Part 2
    Preamble
    My apologies in advance to the vibrant GS community for Part III being so wordy. I have really struggled with this task,… Continue reading

    13
  • Defusing the Derivatives Time Bomb

    The “protected class” is granted “safe harbor” only because their bets are so risky that to let them fail could crash the economy. But why let them bet at all?

    by Ellen Brown at the ScheerPost.
    This is a sequel to a Jan. 15 article titled “Casino Capitalism and the Derivatives Market: Time for Another ‘Lehman Moment’?”,… Continue reading

    7
  • Real-Life Economic Solutions

    Political economists Radhika Desai and Michael Hudson discuss realistic alternatives to the neoliberal model of financialization, and tangible policies to build a productive, sustainable economy.

    Radhika Desai and Michael Hudson at The Geopolitical Economy Hour

    Video:

    Podcast:

    Transcript:

    RADHIKA DESAI: Hello, and welcome to the 22nd Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our times.… Continue reading

    3
  • eCONomics Part I: The Western Train Wreck

    For GlobalSouth.co by our Col from New Zealand

    Western eCONomists and the train wreck they cheerlead

    If eCONomists took the time to read and understand the allegory within Baum’s book “The Wonderful Wizard of Oz”, then IMO they would learn more about fixing the broken Western financial system than from all of the current neo-classical textbook tripe… Continue reading

    13
  • Simon Patten on Public Infrastructure and Economic Rent Capture

    As published in American Journal of Economics and Sociology, Vol. 70, No. 4 (October, 2011).
    *The author acknowledges funding from Prosper Australia for this article.

    ABSTRACT. Reflecting the Progressive Era’s reform agenda Simon Patten (1852–1922) argued that freeing markets from one source of economic rent (by taxing land rent) would merely leave the surplus to be taken… Continue reading

    11