
Economists Radhika Desai & Michael Hudson explain multipolarity, decline of US hegemony
Geopolitical Economy Report
The Economic Structures of the United States Post World War II
This chapter explores the economic structures of the United States after World War II and how it maintained global dominance through military production and the military-industrial complex. It discusses the role of the United States in creating the World Bank and the International Monetary Fund, as well as the consequences of its debt-ridden economy. It also raises questions about alternative economic systems and the need for finance to support production rather than speculative purposes.
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