Michael Hudson: US imperialism, Krugman, de-dollarization, socialism, Palestine, China. #eu #china

Publicado 2024-01-13
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In this video, we ask Prof. Hudson to explain why he claims that the World Bank is an arm of the US military. We asked him why he disagrees with Paul Krugman's claim that de-dollarisation is not in sight. Prof. Hudson also explains why capital markets are important to understand capitalism of the 21st century. We ask him what is missing from the Left, and what can enable a greater understanding of the economy. Finally, we end with his thoughts about US complicity in the current destruction in Gaza.


Our other video with Hudson:    • Michael Hudson: Why the US has a uniq...  

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#palestine #china #usforeignpolicy #uschina #europe #EU #NATO #dedollarization


00:00 Highlight & Introduction
00:57 The World Bank has always been an arm of US Military: A response
05:35 Impact of US agricultural policies on global markets and developing countries.
12:48Misunderstanding of money and balance of payments by Paul Krugman leads to flawed economic theories and discussions on de-dollarization.
18:09 US imperialism drives de-dollarization by imposing economic austerity on global countries through international monetary policies.
24:27 Impact of abandoning the gold standard on US military spending and global economy.
30:34 Neoliberalism profits from financializing assets, not producing goods/services, by privatizing infrastructure funded by loans.
37:22 Land rent and banking privileges in European economy explained by Marx in 19th century.
43:51 Impact of financial management on workers' wages and employment.
49:30 Federal Reserve increased interest rates to lower wages and unemployment, impacting banks and assets.
55:12 Challenges in modern industrialization and workforce training in a postindustrial economy.
1:00:43 China embraced Friedman's economic ideas to promote wealth creation and innovation, guiding beneficial enrichment.
1:06:43 Analysis of economic interests of left and right in imperialism, focusing on financial gain over social issues.
1:12:09 US manipulation in the Middle East through propaganda and military actions, controlling the region by sup

Todos los comentarios (21)
  • @IndiaGlobalLeft
    Guys, we want to work full-time on this, but our financial woes keep us pushing away. If your wallet allows please drop us some support. We prefer the PayPal method since we don't lose half of the money, but you can also give us a super chat. If you are a large donor, we would obviously get in touch with you to give something back if we can. But if you can't no worries. Please subscribe, share, and like. That means a lot already.
  • @Nick-nm9vj
    Fantastic analysis. These are difficult concepts which he has mastered. He communicates them effectively. Long live Michael!
  • @andreselectrico
    Much respect for this show. No hatred, no petty point scoring, no jingoistic shortcuts, or unnecessary bias. Informed and very knowledgeable comments and questions from an intellectually superior host. Sooo cool that this is coming from the great India. About Prof. Hudson, what can I say? I have a PhD in economics and have long been interested in these issues. But with Prof. Hudson, you always feel like a student again. It is a pleasure to experience that sensation of enjoying learning something new. Great interview.
  • @WilhelmDrake
    Michael Hudson is the greatest living economist.
  • This is one of the very few Indian channels that’s not obsessed with hatred for China and Pakistan ! Happy to see cool calm intelligent frank conversations without the bias and hate ! Great channel keep up the unbiased reporting!
  • @cubistone
    This discussion is as valuable to me as all the years i spent in school. Really opened my eyes to the answers to questions that I've been searching. What an education Michael Hudson has given me in an hour. Thank you.
  • @ramonching7772
    Best statement of the video.... The Germans think Americans will never cheat them. Nor bomb their pipeline. 😂😂😂
  • @nonyabizness997
    Thank you for interviewing Professor Hudson again! Such an honour taking the free lecture from such a true intellect!
  • @LeoiCaangWan
    Gotta love Prof Hudson's lack of filter when it comes to US Imperialism and the failures of the western left.
  • This is the second time I have listened to this interview. Michael Hudson's ability to provide a comprehensive narrative of the parasitic system predating on our labor is unique.
  • @zleo9923
    Excellent education from Prof Hudson. Thank you.
  • @organizer14
    Thank you for your integrity and courage to speak the truth.
  • @glennc2144
    I love listening to Professor Hudson, as well as Sacks, Meersheimer, and others. No way will they get air time in mainstream media. On the other hand, there is a sadness in learning the true nature of my country; and realizing that our most trusted leaders lie to us daily.
  • @3g0st
    Imperialism rejects Sovereignty and not only that, it seeks to redefine what sovereignty so that if any 'developing' nations still manage to plan some outside of the scrutiny of creditors, it still resembles or encapsulates western ideals to some degree (or leads the risk of, by extension of these relationships). Monsanto for instance wants to be guaranteed the right to be first-dibs on any seed planted, so they can "vendor lock" in new crops and yields and continue financializing the process for years to come. Writing what I have learned from Super Imperialism. And, they lock dependency on imports for the supplies. 📝
  • @paulmicks7097
    Great discussion gentleman, covered many truths of imperialism.
  • @edwardallan197
    Wow.... what an enlightening interview. Love the prof, and he is on a roll with clarity this time.....❤
  • Extremely good interview! I'm a huge fan of Micheal Hudson and I'm glad you have managed to get an interview with him. I'm a new subscriber! Keep up the good work!
  • @ICreatedU1
    This might be one of the best interviews I've seen in my life and I'm not sure I've ever learned as much in 75 min as I did watching this vid. Michael Hudson is peerless.