DECEMBER 9, 2022
General Library

Book of Week: Super Imperialism; The Economic Strategy of American Empire

Book of Week: Super Imperialism; The Economic Strategy of American Empire

by Michael Hudson

Michael Hudson is an American economist, Professor of Economics at the University of Missouri–Kansas City and a researcher at the Levy Economics Institute at Bard College, former Wall Street analyst, political consultant, commentator and journalist. He is a contributor to The Hudson Report, a weekly economic and financial news podcast produced by Left Out.

This edition of Super Imperialism is the finalized version of the analysis that Michael Hudson first published in the wake of President Nixon severing the dollar's link to gold in August 1971. Closing the gold window had been imminent since the London Gold Pool was disbanded in 1968 in response to the U.S. overseas military spending that had pushed the balance of payments into steadily deepening deficit since the Korean War (1950-51).

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On This day, 2019, 70th anniversary of NATO was marked by gathering in London of world leaders and reception by Elizabeth II at Buckingham Palace. During its life, NATO ignited many wars and killed many innocent civilians. 

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