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Jul 07 2024 
The Need for a New Political Vocabulary
By Michael Hudson at https://michael-hudson.com
The July 4 landslide defeat of the neoliberal pro-war British Conservatives by the neoliberal pro-war Labour Party poses the question of just what the media mean when they describe the elections and political alignments throughout Europe in terms of center-right and center-left traditional parties challenged by nationalist neo-fascists.
Political differences between Europe’s… Continue reading
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Jul 24 2023 
Demystifying Economics
June 30 2023 (Transcribed July 23).
Dr. Michael Hudson is a professor of Economics at the University of Missouri Kansas City, political consultant, commentator, and journalist. His career has focused on the study of debt, both external and internal, with an eye on what happens when the exponentially growing debts of a society outstrip the profits… Continue reading -
Jul 12 2023 
Michael Hudson, Radhika Desai, Ann Pettifor: The Geopolitical Economy Report
Colonialism or sovereignty? How the global financial system traps countries in debt
Transcript
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… Continue reading
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Jul 10 2023
Michael Hudson: Why the U.S. Economy cannot Re-Industrialize
This is a podcast of Michael Hudson with Macro N Cheese and the podcast links are in the text of the transcript.
Transcript Ep 232 Macro N Cheese – Hudson
https://realprogressives.org/podcast_episode/episode-232-is-the-us-a-failed-state-with-michael-hudson/
Michael Hudson [Intro/Music]: America cannot re-industrialize without reversing this whole philosophy of post-industrial society as a class war against labor. You can’t have both. You can’t have… Continue reading
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Jul 08 2023
The United States’ Financial Quandary: ZIRP’s only Exit path is a Crash.
From Michael Hudson
President, Institute for the Study of Long-term Economic Trends (ISLET)
Emeritus Prof. of Economics, UMKC
AbstractInterest-bearing debt grows exponentially, in an upsweep. The non-financial economy of production and consumption grows more slowly as income is diverted to carry the debt overhead. A crash occurs when a large part of the economy cannot pay its scheduled… Continue reading
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Jul 05 2023
Should there really be a Supreme Court?
Its role always has been anti-democratic.
Vested interests create “checks and balances” primarily to make political systems non-responsive to demands for social reform. Historically, therefore, the checks are politically unbalanced in practice. Instead of producing a happy medium, their effect often has been to check the power of the people to assert their interests at the… Continue reading
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Jun 28 2023 
SCOOP! Michael Hudson: America has Just Destroyed a Great Empire
New Essay by Michael Hudson
Herodotus (History, Book 1.53) tells the story of Croesus, king of Lydia c. 585-546 BC in what is now Western Turkey and the Ionian shore of the Mediterranean. Croesus conquered Ephesus, Miletus and neighboring Greek-speaking realms, obtaining tribute and booty that made him one of the richest rulers of his time.… Continue reading
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Jun 22 2023 
Radhika Desai, Michael Hudson, Ann Pettifor: A new Third World debt crisis? The need for system change
Part 12 – Geopolitical Economy Series
Transcript
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… Continue reading
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Jun 13 2023 
‼️ Michael Hudson interviewed by Dimitri Simes Jr.: Sputnik (Added transcript + 2 links)
The Podcast is available on this page:
https://sputnikglobe.com/20230607/us-economy-surprisingly-resilient-or-potemkin-village-1110979371.html
In this week’s episode of the New Rules podcast, host Dimitri Simes Jr. speaks with economist Michael Hudson about the Biden administration’s ‘class war’ against working Americans, why US reindustrialization efforts are unlikely to succeed, the real purpose of sanctions, and de-dollarization.
Must listen to understand the sanctions regimes.
Now out… Continue reading
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May 29 2023 
China builds global alternative as US-led financial order decays
To analyze how China is building a global alternative as the US-led neoliberal financial order decays, political economists Radhika Desai and Michael Hudson are joined by economic geographer Mick Dunford.
Transcript
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.… Continue reading -
May 26 2023 
Michael Hudson & Ben Norton: Origins of debt: Michael Hudson reveals how financial oligarchies in Greece & Rome shaped our world (Updated with transcript)
Economist Michael Hudson discusses his book “The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point”, and how this history from 2000 years ago is still so relevant to understand our debt-based societies today.
You can find links to all of Michael’s books at his website https://Michael-Hudson.com
Transcript
(The following is a lightly edited transcript.)BEN NORTON:… Continue reading
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May 16 2023 
Pepe Escobar: US Empire of Debt Headed for Collapse
From Sputnik International and this is Pepe’s first post in a regular column for Sputnik. What a wonderful gesture for his first column: A beautiful review of Michael Hudson’s new book The Collapse of Antiquity.
Pepe says:
I’m VERY pleased to announce that my Sputnik column is BACK.
That was the top read column on Sputnik International from… Continue reading -
May 15 2023 
Radhika Desai and Michael Hudson: Ukraine’s neoliberalism on steroids, Europe’s economic suicide (Update transcript)
To analyze the conflict in Ukraine, political economists Radhika Desai and Michael Hudson are joined by economic geographer Mick Dunford. They discuss the aggressive neoliberal reforms being imposed by the Ukrainian government and Europe’s suicidal policies.
Thanks to Ben Norton who hosts these sessions at Geopolitical Economy.
Transcript
(What follows is a lightly edited transcript.)RADHIKA DESAI: Hello… Continue reading
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May 10 2023 
NY Times is wrong on dedollarization: Economist Michael Hudson debunks Paul Krugman’s dollar defense
This is an absolute joy. Michael can stand up and fight and this is an epic debunk. Thanks to Ben Norton of geopoliticaleconomy.com for providing the platform.
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. … Continue reading
