Good economics piece by Hudson
Wow this is an incredible article.
The world is changing. Things are about to get a lot worse for the US.
Dems pretty much locked in their failure with this.
I want out
Bit of a bummer I probably won't see communism flourish being trapped here in America. Good luck to everyone else.
Anyone here have background on the writer? A few of the books he has listed look interesting, but I'd hate nothing more than to get halfway through reading one of them just to find out he's a "we need humane capitalism!" radlib.
It was a little repetitive, but I liked and Forgive them their Debts which is about the history of debt forgiveness in the ancient world and how pro-debtor practices gave way to the pro-creditor hell world we live in.
Haven't read his other books, but I've read some of his blog and articles which are good.
He's a lefty lib and godson of Trotsky. His critical economic analysis is great and you won't find deal breaker lines in his books.
I quite enjoy him for his economic analysis and his understanding of international finance's intersection with foreign policy.
Yes! Everyone has their place. Hudson won’t get us to a better future (imo), but he can help us identify the preconditions for and the consequences of trying to maintain the economic status quo; particularly on the scale of geopolitics
There is also just value in being a researcher, who makes other people think more clearly. Especially if you're as old as he is.
He's a former professor as well, other user hit all the points about him. I still recommend his Super Imperialism if you ever get the time, yes there is some radlib Trot horseshittery quips in there but its not significant as say some of Harvey's pieces, its a heavy geopolitics economics text and reading you can feel the textbook level hit you.
I haven't read the new edition though. As with this piece he repeats himself a lot, tendency of old school lecturers. He also prefers to make his work in print over digital, so it makes looking for his work on the internet a bit challenging.
U.S. diplomacy has rubbed Europe’s nose in its abject subservience by telling its governments to have their companies dump the Russian assets for pennies on the dollar after Russia’s foreign reserves were blocked and the ruble’s exchange rate plunged. Blackstone, Goldman Sachs and other U.S. investors moved quickly to buy up what Shell Oil and other foreign companies were unloading
Is this real? any other stories confirming this?
