-
Sep 23 2023 Radhika Desai and Michael Hudson are joined by geopolitical analyst Pepe Escobar
BRICS or NATO? G20 or G77? Summits debate changing world order
RADHIKA DESAI: Hello and welcome to the 17th Geopolitical Economy Hour, the show that examines the fast-changing 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 once again by the incomparable Pepe Escobar.… Continue reading
-
Aug 30 2023 Radhika Desai & Michael Hudson: Imperialism: How the struggle of both classes and nations creates our world
The Geopolitical Economy Hour
“Imperialism: How the struggle of both classes and nations creates our world”nation and class (re)create our world,” Geopolitical Hour 16, August 29, 2023.
Transcript
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:… Continue reading
-
Aug 12 2023 Michael Hudson & Ania K: Debt, Sponsors of the wars, Future of USD and BRICS
Transcript:
Michael Hudson: Debt, Sponsors of the Wars, Future of USD and BRICS
AK: Hello everyone. Welcome back to my channel. I see we are live already, perfectly on time, with a Swiss Precision today, because I have fantastic guest – Mr. Michael Hudson, who has been recommended to me by the one and only Andre Marciano who said, Ania, you… Continue reading
-
Jun 13 2023 Discussion by Michael Hudson with Kin Chi Lau, Global University, Hong Kong, June 5, 2023
Ed Note: Michael describes this as “My LONG China interview”. And indeed it is long. As I was reading I was looking out for the ‘money quote’, or the ‘take home’ quote. Every single concept here is a take-home quote. I would then suggest that you take time with this one and read with great… Continue reading
-
May 24 2023 Radhika Desai for RT: Is the debt ceiling the real issue for the US economy right now?
The drama around increasing the borrowing limit obscures the growing threat of a crash in the Treasuries market: https://www.rt.com/news/576766-us-debt-treasuries-market/
By Dr. Radhika Desai, a professor at the Department of Political Studies at the University of Manitoba in Winnipeg, Canada and director of the Geopolitical Economy Research Group. She also writes on current affairs for Valdai Club, CGTN, Counterpunch… Continue reading
-
May 19 2023 DE-dollarization made simple: (even for millennials)
With thanks to Jorge Vilches, our writer.
what is money ?
“Accumulated labor acknowledged by third parties” is my unique never-ever-published definition of real money, thus holding effective economic value as tangible wealth. I also maintain that any other definition of money – and trust me there are many – does not work out well something which… Continue reading
-
May 11 2023 The Mother Of All Bank Runs?
With thanks to our writer, Jorge Vilches
As The Mother Of All Bank Runs is definetly in the cards, I´ll hereinafter try to explain what may happen in highly simplified terms and , as always, before — not after — the facts. And please bear in mind that Monday-morning quarterbacking and any other type of 20-20… Continue reading
-
May 08 2023 Radikha Desai & Ben Norton: Capitalism’s inherent contradictions
Political economist Radhika Desai discusses the inherent contradictions in the capitalist mode of production: crises of overproduction, the tendency of the rate of profit to fall, and a trend toward monopolies and financialization.
She also explains the difference between classical political economy and neoclassical economics.
This is a discussion of chapter 2, “Capitalism as Contradictory… Continue reading
-
May 08 2023 The “Bloody Shakespearean” commentary on Michael Hudson’s interview with Ben Norton
With thanks to our writer, Jorge Vilches
Michael Hudson and I know each other somewhat and both share deep mutual respect. But we are not really “dear friends”, at least not in the Latin-culture sense which translated would mean we do not have a “family-type friendship bond ” or something to that extent. We haven´t ever… Continue reading
-
Apr 17 2023 Sanctions ‘undermine hegemony of dollar’, US Treasury admits
US Treasury Secretary Janet Yellen admitted to CNN that Washington’s unilateral sanctions on countries around the world “could undermine the hegemony of the dollar”.
From Ben Norton, Geopolitical Economy
The secretary of the US Treasury, Janet Yellen, has admitted that Washington’s imposition of unilateral sanctions on countries around the world could weaken the dominance of the dollar.
“There… Continue reading