NIMA ALKHORSHID: Hi, everybody. Today is Thursday, August 14, 2025, and our friends, Richard Wolff and Michael Hudson, are back with us. Welcome back. | Michael Hudson
In a sweeping discussion on the decline of U.S. global dominance, economists Michael Hudson and Richard Wolff dissect the dollar’s downward slide, the BRICS challenge, and the blowback from Trump’s tariff-driven policies. From de-dollarization and foreign divestment in U.S. Treasuries to the hollowing out of American industry, they expose how geopolitical overreach, financial speculation, and ineffective military exports are accelerating the empire’s unraveling. With allies bearing the ...| Michael Hudson
Hudson & Wolff are escorted through the issues of the day, progressive Jews opposing genocide, tariff-esque economic horror when it comes to cars. Listen to two wise heads lament at the state of US political economy. The post Isolation Economics first appeared on Michael Hudson.| Michael Hudson
As BRICS nations confront U.S. tariffs and global economic instability, economists Michael Hudson and Richard Wolff argue that true independence lies in returning to classical economics—taxing economic rents, reclaiming sovereignty over resources, and rejecting neoliberal debt traps. Can BRICS revive the revolutionary path once charted by 19th-century industrial capitalism? The post BRICS vs. the Rentier Economy first appeared on Michael Hudson.| Michael Hudson
Michael Hudson and Richard Wolff argue the U.S. is sabotaging its own economy through reckless tax cuts, rising inequality, and dollar devaluation. As foreign investors flee and domestic wealth concentrates, the era of dollar hegemony may be ending — with global implications. The post Why America No Longer Makes Its Own Future first appeared on Michael Hudson.| Michael Hudson
American politics has become theater—staged by billionaires, detached from reality. But as Hudson and Wolff show, voters are waking up. Mamdani’s unexpected win is a backlash against bipartisan war-making, student crackdowns, and media spin. It signals a break with the financialized, militarized status quo. This revolt, rooted in the real lives of workers and students, may spell the end of elite control. New York’s mayoral race wasn’t just a contest—it was an insurrection. The post ...| Michael Hudson
Nima has reminded the industry that the foundation of successful deployment of AI technology is high-quality data.| BIM+