Michael Hudson

Michael Hudson, a renowned economist known for his insights on financialization, joins political analyst Alexander Mercouris to discuss the Trump administration's economic strategies. They critically analyze how tariffs and debt reduction aimed at recovery may perpetuate de-industrialization amidst an oligarchic landscape. Hudson challenges common misconceptions of capitalism, while Mercouris contrasts the economic philosophies of BRICS nations versus the U.S. Together, they delve into historical parallels shaping current geopolitical maneuvers.

Economist Michael Hudson and journalist Ben Norton analyze the US support for Israel from a geopolitical and economic perspective. They delve into the historical reasons behind this support, including the desire to control energy supplies and trade routes in the Middle East. The podcast also explores the geopolitical dynamics surrounding US support for Israel, potential military action against Iran, and the connection between the US-Israel relationship and war crimes. Additionally, they discuss the US military plan, relations with India, and the role of religion in geopolitics. Insights on classical antiquity, debt history, and the Crusades are also discussed.

Economists Radhika Desai and Michael Hudson discuss the consequences of the dollar system after de-linking from gold, including dollar hegemony, quantitative easing, and the euro. They also explore the impacts of Volcker, Reaganomics, and financialization on the US economy, as well as the effects of deindustrialization and leveraged buyouts. Additionally, they discuss the shift to finance capitalism, the 2008 crisis, and the role of the dollar system in it.

Political economists Radhika Desai and Michael Hudson discuss the fracturing international order between the NATO/West bloc and the Global Majority, analyzing Israel's war on Gaza, Ukraine's defeat in the proxy war against Russia, and the rise of the far-right in Argentina and Europe.

Join economist Michael Hudson, known for his sharp insights on the dollar system, and economic geographer Mick Dunford, who analyzes U.S. economic challenges. They explore whether Trump's policies mark the end of dollar dominance. Topics include the dollar's declining reputation, the impact of U.S. debt on its reserve status, and rising gold prices indicating potential asset bubbles. The discussion also delves into military spending's influence on the dollar and the shifting dynamics of U.S. asset ownership in a multipolar world.

Michael Hudson discusses the collapse of antiquity focusing on debt cancellation, creditor dynamics, and the impact of global drought on ancient civilizations. The podcast explores debt and credit systems in ancient societies, the rise of creditor oligarchies in Greece and Italy, the role of wealthy elites, and the historical influence of wealth on Christianity. It draws parallels between ancient debt dynamics and modern neoliberal policies, advocating for alternative financial institutions to combat mounting debts.

Radhika Desai, a political economist focused on debt politics, joins Michael Hudson, a financial systems expert, to unpack how wealth flows from the poor to the rich. They delve into the political dynamics of debt, especially during conflict, and explore the IMF's role in failing nations like Ukraine. The conversation highlights historical roots of war debts and the concept of financial colonialism in Latin America, emphasizing the need for new approaches to debt management that prioritize national sovereignty and equitable solutions.

Economist Michael Hudson discusses the recent stock market crash and looming financial crisis. He dives into extreme market volatility, the unraveling Japanese yen carry trade, and the impact of the AI bubble on Big Tech. Hudson unpacks important geopolitical tensions involving Russia, Ukraine, and Iran, highlighting how these factors influence global stability. He critiques the short-sightedness of current economic analysis and challenges listeners to rethink the disconnect between wealth and real economic conditions.

Michael Hudson, an economist known for his critiques of neoliberalism, and Mick Dunford, a scholar based in China with insights on global trade, delve into the repercussions of Trump's tariffs. They argue these measures could accelerate U.S. decline, highlighting how protectionism might backfire and exacerbate inflation. The discussion contrasts historical contexts with modern trade dynamics, assessing the U.S.'s waning competitiveness and how nations might adapt to shifting global power. They also critique the differing globalization approaches between the West and China.

Michael Hudson, an expert in US political economy, discusses topics such as healthcare, de-dollarization, and the impact of economic policies on the working class. He emphasizes the need for a change in economic philosophy and highlights the government's ability to create money for social programs. Hudson explores the difference between the production and consumption economy and the financial sector of assets and liabilities. He also touches upon the challenges faced by labor unions and the revolutionary nature of capitalism.