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

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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.

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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 supporting Israel.

[IndiaGlobalLeft]

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[curiouscurious]

Hudson is the most brilliantly honest economist on the

[lindagonzalez]

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!

[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.

[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.

[Nick-nmvj]

Fantastic analysis. These are difficult concepts which he has mastered. He communicates them effectively. Long live Michael!

[LeoiCaangWan]

Gotta love Prof Hudson's lack of filter when it comes to US Imperialism and the failures of the western left.

[rodrigoribeiro]

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.

[glennc]

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.

[nonyabizness]

Thank you for interviewing Professor Hudson again! Such an honour taking the free lecture from such a true intellect!

[zleo]

Excellent education from Prof Hudson. Thank you.

[organizer]

Thank you for your integrity and courage to speak the truth.

[ttystikkrocks]

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!

[brianwheeldon]

Thank you Prof Michael Hudson for your clear thinking and straightforward explanation of the the politico-economic world we have enslaved ourselves to. We no longer have economies, we have banks like Citi and Barclays, HSBC and so on. Channelling monetary wealth at speed and covertly is the way we operate in 2024. I can vouch for Michael's commentary having worked for Citi throughout the 1980s in a representative offce and being on the inside of sovereign loans, corporate loans and treasury operations. It all ended badly for the country I lived in with austerity on the heels of privatisation and the slaughter of the trade unions and organised labour. Now it's merely financially driven economics, IP, IT and industrial dairy each with fancy marketing and dressing up the accounts. It's a scam on a national level, and easily maintained. A typical person still doesn't understand how it's operated. The scary thing is, they still don't want to know.

[AshleyMcIntosh-zzkr]

Brilliant Micheal Hudson.We need more economists like Micheal in the top jobs in europe.His summary of Gaza etc at the end is spot on.

[nycboogie]

Dr Hudson unleased and on fire in this interview!

[paulmicks]

Great discussion gentleman, covered many truths of imperialism.

[edwardallan]

Wow.... what an enlightening interview. Love the prof, and he is on a roll with clarity this

[ramonching]

Best statement of the video.... The Germans think Americans will never cheat them. Nor bomb their pipeline. 😂😂😂