The Fascist Protection Racket: Tribute States| michael-hudson.com
Europe has traded self-sufficiency for dependence, submitting to what Michael Hudson calls a fascist protection racket. Allies are transformed into tribute states, forced to pay tariffs or surrender industry. While BRICS nations insulate themselves through self-reliance, Europe accepts deindustrialisation and insecurity under NATO—sacrificing its long-term prosperity for short-term obedience to Washington’s demands. The post The Fascist Protection Racket: Tribute States first appeared on ...| Michael Hudson
Trump’s policies are destroying key elements of U.S. economic prosperity| Michael Hudson
Richard Wolff and Michael Hudson trace a U.S. turn to scapegoating and tariffs as stopgaps for a weakening, polarized economy. From ICE raids and drone strikes to secret investment “deals” pressuring Japan and tariff threats on Europe and India, they argue Washington is converting allies into tributaries while BRICS builds a mixed-economy alternative. The result: a collapsing left/right map, rising class politics, and a world split between finance capitalism and productive development. Th...| Michael Hudson
China’s SCO summit marked a decisive turn: BRICS countries are consolidating trade, payments, and energy ties to insulate themselves from Western financialization and militarization. With Power of Siberia 2 redirecting Russian gas to Asia and India jolted toward BRICS by U.S. tariffs, a dual-system world is hardening. Michael Hudson and Richard Wolff unpack dedollarization, gold’s surge, and why the fight isn’t “capitalism vs socialism” so much as socialism vs finance capitalism. Th...| Michael Hudson
Trump’s latest economic offensive targets U.S. allies in Europe, Korea, and Japan with tariff hikes, investment shakedowns, and protection-money demands. Germany’s machinery exports face an “existential crisis,” Hyundai’s U.S. plant saw mass deportations, and Japan was forced into a $550 billion payout under threat of commercial chaos. As SCO and BRICS expand alternatives, America’s coercion of its own allies risks sparking nationalist backlash, de-dollarization, and a realignment...| Michael Hudson
Hudson & Wolff: NATO’s Defeat in Ukraine| michael-hudson.com
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
The Origin and Fundamentals of U.S. World Dominance| Michael Hudson
Economist Michael Hudson warns that the U.S. has morphed into a “free lunch economy,” where wealth flows not from production but from unearned rents and financial gains. Wall Street landlords like Blackstone buy up homes, driving rents higher while families face stagnant wages and rising debt. What was once industrial capitalism has become finance capitalism, hollowing out the economy and enriching a rentier elite. The result is growing inequality at home and financial colonialism abroad....| 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
While European voters were left in the dark, the EU Commission handed Trump everything he wanted — in exchange for a war Europe can't win. The post Von der Leyen’s Surrender first appeared on Michael Hudson.| Michael Hudson
In a stunning new trade deal, the European Union caves to U.S. demands, exposing deepening economic subordination and strategic dependence. Economist Michael Hudson and political scientist Glenn Diesen unpack how von der Leyen’s capitulation signals the "Ukraineization" of Europe—sacrificing industrial growth, energy security, and sovereignty to prolong a U.S.-led Cold War. As Trump-style dealmaking takes center stage, Europe faces deindustrialization, rising militarism, and political uph...| Michael Hudson
Michael Hudson and Radhika Desai dissect the economic illusion of Trump’s presidency six months into his second term. From manipulated markets to rising debt, gutted institutions, inflationary tariffs, and vanishing public services, they show how Trump’s policies enrich the top 1% while accelerating decline for everyone else. As MAGA voters begin to feel betrayed, and even allies like Elon Musk break ranks, the cracks widen. This episode unpacks how perception replaces policy—and why th...| Michael Hudson
Michael Hudson traces how ancient rulers like Hammurabi used debt cancellation to sustain economies—contrasting it with today’s refusal to curb rentier power. Drawing from decades of research and Bronze Age records, Hudson reveals how debt, land, and monopoly rent now choke productivity in the West. He draws parallels between bank lending and ponzi schemes, redefines GDP, and calls for a return to classical economics. With financialized economies in slow collapse, Hudson urges a reset: ta...| Michael Hudson
An excerpt from Michael's as yet unreleased book tracking the role of debt and public finance from medieval times to the present. The post A Precondition for Economic Sovereignty first appeared on Michael Hudson.| 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
What happens when the Global South rejects dollar dominance? Michael Hudson explores how BRICS aims to build an alternative to Western debt traps and rent-based economies. With U.S. financial power rooted in global dependency and extraction, Hudson predicts a paradigm shift toward real productivity—and away from the rentier economy that defined the 20th century. The post The Challenge to Dollar Hegemony and Global Debt first appeared on Michael Hudson.| Michael Hudson
Financial analysis of a world dominated by the FIRE sector - Finance, Insurance and Real Estate. Beware the monopolist.| Michael Hudson | On finance, real estate and the powers of neoliberalism
Super Imperialism. The Economic Strategy of Americ ….| Michael Hudson
Michael Hudson’s new book Temples of Enterprise is now available.| Michael Hudson