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Created
Mon, 27/02/2023 - 21:52

  RADHIKA DESAI: Hello everyone. Welcome to the fourth Geopolitical Economy Hour, our fortnightly show on the political and geopolitical economy of our times. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: Today we are continuing our discussion of de-dollarization. As many of you know we have structured our discussion around some Continue Reading

The post Trade Theory: No Room for Gunboats first appeared on Michael Hudson.
Created
Mon, 27/02/2023 - 16:00

The media caters to a particular demographic, telling that demographic what it already believes — even when it is unverified or false. This pandering defines the coverage of the Trump-Russia saga.

The post Chris Hedges: The Trump-Russia Saga and the Death Spiral of American Journalism appeared first on scheerpost.com.

Created
Mon, 27/02/2023 - 13:44
If you cast your mind back to the peak of the GFC, when people were actually talking about the dissolution of the Economic and Monetary Union (EMU), a.k.a. the Eurozone, or more specifically, a unilateral exit by Greece or Italy, we were told by the ‘experts’ that it would be catastrophic. Over and over, headlines…
Created
Mon, 27/02/2023 - 10:30
I like the guy but …no It’s bad enough that we have wingnut anti-vaxxers spreading lies and making the world a more dangerous place. Do we really need supposedly left wing movie actors doing the same thing? After a winding story about smoking weed — shouting-out his pot shop in West Hollywood, The Woods, and claiming his manager, Jeremy, transported weed from the LA shop to New York for him — Harrelson went into a spiel about the pandemic. The self-proclaimed “anarchist” joked about a supposed movie script, a clear metaphor for the pandemic, that went, “The biggest drug cartels in the world get together and buy up all the media and all the politicians and force all the people in the world to stay locked in their homes, and people can only come out if they take the cartel’s drugs — and keep taking them — over and over.” Except for the deadly virus that actually killed well over a million people in the US alone in less than two years, this is super right on. He’s been saying stupid shit about the pandemic for a while. Maybe he could just hang out with Joe Rogan and do that instead of going on SNL?
Created
Mon, 27/02/2023 - 09:46
Video and transcript.
In this episode of their program Geopolitical Economy Hour, economists Radhika Desai and Michael Hudson explain the end of the British empire’s sterling area with the rise of the US dollar system, its central role in imperialism, and why it ultimately failed to accomplish Washington’s hegemonic goals.

RADHIKA DESAI: Hello everyone. Welcome to the fourth Geopolitical Economy Hour, our fortnightly show on the political and geopolitical economy of our times....
Geopolitical Economy
The rise of US dollar imperialism, and why it failed – with Radhika Desai & Michael Hudson

Created
Mon, 27/02/2023 - 09:22

To residents of Memphis’s resource-poor, predominantly nonwhite neighborhoods, the Scorpions were easy to spot. The plainclothes patrols were known for driving their unmarked Dodge Chargers through the streets, often all too recklessly, sowing fear as they went, spitting venom from their windows, jumping out with guns drawn at the slightest sign of an infraction. On the night of January 7th, Tyre Nichols was two minutes from home when members of that squad pulled him over. Probable cause: reckless driving (if you believe the official story). Five Scorpions, all of them trained use-of-force specialists, proceeded to take turns hitting him with everything they had, including boots, fists, and telescopic batons. The 29-year-old photographer died three days later. Cause of death? “Excessive... Read more