Category Archives: Globalization

Tracking the EU Decoupling from Russia

Taking stock of the EU’s economic divorce from Russia.

Russia Leaves Neoliberal West to Join World Majority

The sanctions against Russia and Russia’s kinetic war in Ukraine have produced great changes in and outside. But what are their implications?

Saudi- U.S. Relations Sour Further On Huge OPEC+ Surprise Cut

Yes, sports fans, the Administration blew it with Saudis. Dealings may have been set to sour, but Team Biden accelerated the process.

Herman Daly (1938-2022): The Economist for Our Time

The double question implied throughout Herman Daly’s work as an economist is this: “Is the economy for the people, or are the people for the economy?” nomy for the people, or are the people for the economy?”

The U.S. and UK’s Submarine Deal Crosses Nuclear Red Lines with Australia

Why has Australia signed up for a pricey and security-diminishing nuclear sub deal?

America’s Chips War With China: Another Sanctions Backfire Coming?

Biden Administration officials are pleased as punch with their targeting of China’s supposed Achilles heel: dependence on US designed chips.

New York Fed Identifies a New Way Dollar Hegemony Is Not Good for Emerging Economies and Other Growing Things

Another mechanism by which US does harm through our indifference to to the impact of our dollar/interest rate policies on other countries.

Why Biden Snubbed China’s Ukraine Peace Plan

The US doth protest too much over China’s napkin doodle peace principles. Why the defensiveness?

At the Brink of War in the Pacific? The Nightmare of Great Power Rivalry Over Taiwan

In pressing the Taiwan hot button, is the US misreading China’s capabilities and networks just as it has Russia’s?

Michael Hudson and Radhika Desai on Dollar Imperialism

A deep dive on the development of the dollar system.

5 Reasons Why Much of the Global South Isn’t Automatically Supporting the West in Ukraine

The so-called Collective West and the rest of the world have a yawning gap in how they view the war in Ukraine.

The Irish Question

Brexit fudged the question of the Irish border. The Tory “Ultras” that pushed for a hard Brexit are still loaded for bear on this matter.

Who’s Winning and Losing the Economic War Over Ukraine?

A stocktaking on the impact of the economic sanctions against Russia.

Understanding Money and the Dollar System: Radhika Desai & Michael Hudson at Geopolitical Hour

Michael Hudson and Radhika Desai discuss the dollar regime and its prospects.

The Gold Standard

A primer on the gold standard, including a discussion of its implications.