Daily Archives: April 13, 2022


Peeing in the Economists’ Pool

Matt Stoller has posted the article Peeing in the Economists’ Pool.

Antitrust Division chief Jonathan Kanter told a roomful of fancy lawyers and economists that their day of controlling the law through tricky language is over.

Matt Stoller gives you some details of how the corporations and the courts have twisted the anti-trust laws into something with loopholes big enough to drive a monopoly through. If there were any non-corrupt leaders in any of the branches of government, this should have been stopped decades ago. One economist, Michael Hudson, focuses on how the financialization of the USA economy is eventually going to make the USA a losing economy. This is not just an academic argument. The 99% of us are going to be hurt badly if this continues.


Super Imperialism: The Economic Strategy of American Empire with economist Michael Hudson

Moderate Rebels has the podcast Super Imperialism: The Economic Strategy of American Empire with economist Michael Hudson.

Economist Michael Hudson discusses the update of his book “Super Imperialism: The Economic Strategy of American Empire” and the financial motivations behind the US new cold war on China and Russia.

Hudson has published a new, third edition of his book Super Imperialism that updates his analysis for the 21st century, discussing the new cold war on China and Russia and the ongoing transition from a US dollar-dominated financialized system to a “multipolar de-dollarized economy.”

Hudson explains how the strategy of US economic hegemony has evolved since World War One.

I have read this book recently. This interview gets to the heart of the book rather well. The only thing more I would like to hear is a discussioin of how Modern Money Theory (MMT) relates to this discussion. Michael Hudson is also a strong proponent of MMT. However, MMT focuses on the independence of a country that is sovereign in its own currency. The USA has the strongest monetary soevereignty that there is, yet “Super Imperialism” discusses the arm twisting the USA has to do to make it sovereignty stick in the international theater. I would like to hear Michael Hudosn address these aspects in a single interview.