Tag "Michael Hudson"

Michael Hudson interviewed by Ben Norton (Multipolarista) Update with transcript

Economist Michael Hudson on inflation and Fed plan to cut wages: A depression is coming Transcript: BENJAMIN NORTON: Hey, everyone, this is Ben Norton, and you are watching or listening to the Multipolarista podcast. I am always privileged to be joined by one of my favorite guests, Michael Hudson, one of the greatest economists living today. We’re going to be talking about the inflation crisis. This is a crisis around

The Fed’s Austerity Program to Reduce Wages

By Michael Hudson and posted with the author’s permission Preface: The Federal Reserve Board’s ostensible policy aim is to manage the money supply and bank credit in a way that maintains price stability. That usually means fighting inflation, which is blamed entirely on “too much employment,” euphemized as “too much money.”[1] In Congress’s more progressive days, the Fed was charged with a second objective: to promote full employment. The problem

Economic Rent and Exploitation: Michael Hudson, Shepheard Walwyn

Michael Hudson, Shepheard Walwyn recording May 23, 2022 Part one:  https://www.youtube.com/watch?v=XDo7HykYN9k Part two here:  https://www.youtube.com/watch?v=I-xWgLertkg Jonathan Brown Michael, welcome to the podcast. Michael Hudson It’s good to be here. I’m looking forward to it. Jonathan Brown Michael, I think you have one the most extraordinary upbringings and journeys into economics. And I just wanted to give our listeners just some sense of how you got from being the godson of Leon Trotsky

Is US/NATO (with WEF help) pushing for a Global South famine?

By Michael Hudson and posted with the author’s permission Is the proxy war in Ukraine turning out to be only a lead-up to something larger, involving world famine and a foreign-exchange crisis for food- and oil-deficit countries? Many more people are likely to die of famine and economic disruption than on the Ukrainian battlefield. It thus is appropriate to ask whether what appeared to be the Ukraine proxy war is

Michael Hudson: Interview with the newly founded German magazine “ViER”

By Michael Hudson with permission and supplied to the Saker Blog “Taken from an interview with the newly founded German magazine “ViER” which will be published in August 2022.” ViER (FOUR), stands for the media as fourth power in checks and balances. (1.) Prof. Hudson, your new book “The Destiny of Civilization” is out now. This lecture series on finance capitalism and the New Cold War presents an overview of

Michael Hudson: Interview with RT – Transcript

Michael Hudson’s interview with RT – May 19 2022. Peter Scott, RT anchor: Joining us now is Michael Hudson, economist and author of “Super-Imperialism” and the recently-published “Destiny of Civilization”. Welcome to the programme, Michael. Michael Hudson: It’s good to be back. PS: Let’s say all these European programmes like the REPOWER Programme come into effect, how do you expect the EU standing to be on the stage after that?

(Updated with transcript) Ben Norton aka Multipolarista interviews Michael Hudson: Destiny of Civilization

UPDATE:  This wonderful transcript is now available just underneath the video   The decline of the US dollar, the three ‘systems’, the sanctions war on Russia, on the eve of the publication of Prof. Hudson’s new book:  The Destiny of Civilization: Finance Capitalism, Industrial Capitalism or Socialism.” Transcript BENJAMIN NORTON: Hey, everyone. I’m Ben Norton, and this is the Multipolarista podcast. And I have the great pleasure of being joined

Michael Hudson, Katie Halper and Aaron Maté: UPDATE

Michael starts at 23:40 and the transcript will be added to this thread when available. UPDATE:  Free part of Transcript: Katie Halper podcast, April 29, 2022 UI: Michael Hudson Free Podcast Date: 4/29/22 Length: 24:55  TRANSCRIPT KATIE HALPER: Professor Michael Hudson, thank you so much for joining us. We’re really excited to have you. We wanted to start off by asking you if you could provide an overview of what

The Dollar Devours the Euro

By Michael Hudson and posted with the author’s permission It is now clear that today’s escalation of the New Cold War was planned over a year ago, with serious strategy associated with America’s plan to block Nord Stream 2 as part of its aim of blocking Western Europe (“NATO”) from seeking prosperity by mutual trade and investment with China and Russia. As President Biden and U.S. national-security reports announced, China

Consortium News Joe Lauria interviews Michael Hudson and Richard Wolff

Posted with Dr Hudson’s permission. CONSORTIUM NEWS – CN Live! – March 29, 2022 Consortium News Joe Lauria interviews Michael Hudson and Richard Wolff, March 29, 2022. https://consortiumnews.com/2022/03/28/watch-cn-live-ukraine-the-economic-fallout/ Joe Lauria Welcome to CNLive! Season Four Episode Five: “Ukraine The Economic Fallout.” I’m Joe Lauria, editor in chief of Consortium News. Elizabeth Vos And I’m Elizabeth Vos. Joe Lauria The collective west, led by the United States, declared economic war against

Michael Hudson: Interview with Margaret Flowers, WBAI, March 29, 2022

Michael Hudson interviewed by Margaret flowers, Clearing the Fog, March 29, 2022. https://popularresistance.org/michael-hudson-us-dollar-hegemony-ended-abruptly-last-wednesday/ Posted with Dr Hudson’s permission Margaret Flowers: You’re listening to Clearing the FOG, speaking truth to expose the forces of greed, with Margaret Flowers. And now I turn to my guest, Michael Hudson. Michael is the president of the Institute for the Study of Long-term, Economic Trends, ISLET. He’s a Wall Street financial analyst and a distinguished

The Saker interviews Michael Hudson

Following Putin’s announcement about selling gas for Rubles only to hostile nations, I decided to reach out to Michael Hudson and ask him (my level, primitive) questions.  Here is our full email exchange: Andrei: Russia has declared that she will only sell gas to “hostile countries” for Rubles.  Which means that to non-hostile countries she will continue to sell in Dollars/Euros.  Can these hostile countries still purchase gas from Russia

Renegade interviews Michael Hudson: Sanctions, the blowback

Posted with Michael Hudson’s permission https://www.rt.com/shows/renegade-inc/552236-michael-hudson-sanctions-ukraine/ Ross [00:00:29] Welcome to Renegade Inc. Whatever the outcome in Ukraine, one thing is for sure the economic reverberations will be felt by everyone for years to come as the world divides between the West and a rapidly reshaping Eurasia. Ross [00:00:49] Michael Hudson, always a pleasure to have you on the programme, welcome to Renegade Inc. Michael Hudson [00:00:53] Thank you for inviting

The American Empire self-destructs. But nobody thought that it would happen this fast

by Michael Hudson posted by permission Empires often follow the course of a Greek tragedy, bringing about precisely the fate that they sought to avoid. That certainly is the case with the American Empire as it dismantles itself in not-so-slow motion. The basic assumption of economic and diplomatic forecasting is that every country will act in its own self-interest. Such reasoning is of no help in today’s world. Observers across

America Defeats Germany for the Third Time in a Century: The MIC, OGAM and FIRE Sectors Conquer NATO

By Michael Hudson and posted with the author’s permission My old boss Herman Kahn, with whom I worked at the Hudson Institute in the 1970s, had a set speech that he would give at public meetings. He said that back in high school in Los Angeles, his teachers would say what most liberals were saying in the 1940s and 50s: “Wars never solved anything.” It was as if they never

America’s real adversaries are its European and other allies: The U.S. aim is to keep them from trading with China and Russia

By Michael Hudson and posted by permission The Iron Curtain of the 1940s and ‘50s was ostensibly designed to isolate Russia from Western Europe – to keep out Communist ideology and military penetration. Today’s sanctions regime is aimed inward, to prevent America’s NATO and other Western allies from opening up more trade and investment with Russia and China. The aim is not so much to isolate Russia and China as

What’s causing the inflation crisis? Economist Michael Hudson explains

Benjamin Norton from Moderate Rebels interviews Dr. Michael Hudson.  The interview is more wide-ranging than the title suggests but, with razor-sharp intellect, Dr. Hudson breaks open the reason for today’s inflationary cycles.  Dr. Hudson again looks at the roots of de-dollarization, the new financial system, China’s purported slow-down, and common prosperity policy being implemented now.

Central Asia’s Neoliberal Tragedy: A Review

By Michael Hudson and posted with special permission : How the World Bank and neoliberalism has hurt central Asia . In the mid-1980s, Soviet officials saw a need to open up their economy in hope of achieving Western-style innovation and productivity. That was the decade in which Margaret Thatcher and Ronald Reagan were sponsoring the neoliberal pro-financial policies that have polarised the U.S., British and other economies and loaded them

Debate : Michael Hudson and Thomas Piketty

Debate between Michael Hudson and Thomas Piketty on September 23, 2021 (Posted with special permission)   The debate was monitored by Lynn Parramore, and introduced by David Graeber’s widow, Nika. Nika: Hi, I’m Nika. I’m David’s wife. This is an event in the honor of the first anniversary of David Graeber’s passing, and then the spirits of his rejection of academic arrogance, and our urgent need to get out of

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