Michael Hudson: The Collapse of America's Economic Empire

Prof. Michael Hudson, a world-renowned classical economist, discusses one of his greatest books: "Super Imperialism: The Economic Strategy of American Empire". The US empire changed fundamentally as it transitioned from a creditor to a debtor, although it the model has now run into a wall. US debt is unsustainable, its technologies are no longer dominant, and new centres of power are establishing alternative economic architecture. In the final stage of Empire, the US is threatening countries to use its currency and technologies.

Super Imperialism: The Economic Strategy of American Empire: https://michael-hudson.com/books/super-imperialism-the-economic-strategy-of-american-empire/

https://michael-hudson.com/