The rules of international law and order put in place toward the end of World War II are being broken by U.S. foreign policy escalating its confrontation with countries that refrain from giving its companies control of their economic surpluses
Michael Hudson
The Saker: Could you summarize the state of Venezuela’s economy when Chavez came to power? Michael Hudson: Venezuela was an oil monoculture.…
These demands make so little economic sense that they should be viewed as an exercise in what academia used to call power politics
Trump’s infrastructure privatization plan is a hat trick that optimistically turns $200 billion into $1.5 trillion, is designed to eliminate the public sector and to bankrupt cities and states
Michael Hudson is a Distinguished Research Professor of Economics at the University of Missouri, Kansas City. He is the author of many…
Michael Hudson, author of the newly released J is for Junk Economics, says the media and academia use well-crafted euphemisms to conceal…
Interview on how military interventions in the Middle East created refugee streams to Europe that were in turn used by the anti-immigrant right to stir up xenophobia
MF’s concern about Greek debt is bogus, this is full scale financial war, forcing Greece give up ports, pensions, properties and much more
CHRIS HEDGES: So, we spoke previously about the parasitic quality of the banks, hedge funds and the speculative class that has in essence…