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2024-07-27 01:19:11

Michael Hudson on Nostr: Barbarism or Civilization ========== Professor Michael Hudson discusses the ...

Barbarism or Civilization
==========

Professor Michael Hudson discusses the civilizational split between a financialized, neoliberal post-industrial economy pushed by the United States and Europe, and the kind of economy that focuses on agricultural and industrial production to raise living standards. He argues that the West has lost its industrial and agricultural control and now relies on military force, terrorist violence, and corruption to maintain its control. The global majority, including countries in Asia, Africa, and Latin America, are seeking to design an economy that will help their member countries grow and raise wages and living standards. The article also highlights the impact of U.S. sanctions on Europe and the need for countries to become self-sufficient and independent from the West. Additionally, Professor Hudson discusses the Israeli-Palestinian conflict and the role of the United States in supporting Israel's attacks on Palestine as part of its strategy to control Middle Eastern oil.



https://michael-hudson.com/2024/07/barbarism-or-civilization/
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