This new and updated edition of Michael Hudson's classic political economy text explores how and why the US came to achieve world economic hegemony. Originally published as the sequel to Hudson's bestselling Super Imperialism, Global Fracture explores American economic strategy during a key period in world history.In 1973, many of the world's most indebted countries sought to free themselves of trade dependency and the debt trap by creating a New International Economic Order (NIEO)...

Der Weltökonom Michael Hudson übt eine Fundamentalkritik am kapitalistischen Finanzsystem, die unser Denken verändern wird. Die Weltgeschichte beweist: Die Banken führen einen neuartigen Krieg gegen die Demokratie.Hudsons Prognosen erregen weltweit Aufmerksamkeit: als Erster und Einziger hat er den genauen Zeitpunkt vorausgesagt, an dem die fatale Immobilienblase platzen sollte. Eindringlich analysiert er, wie die internationale Finanzwelt die Errungenschaften der klassischen Ökonom...

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).This audiobook is expertly read by Evan Sibley, ...

El sector financiero ha logrado representarse a sí mismo como parte de la economía productiva, pero durante siglos la banca fue considerada parasitaria, y la esencia del parasitismo no es solo agotar la nutrición del huésped, sino también embotar su cerebro para que no reconozca que el parásito está allí. Esta es la ilusión que gran parte de Europa y los Estados Unidos sufren hoy en día. El objetivo de Hudson es atravesar esta ilusión y reemplazar la economía basura con economía basada en ...

MARXISM has failed and welfare state capitalism is crippled. Governments need a strategy to lift the burden of debt threatening the economy, social harmony and family stability. We can rebuild the community, but only by adopting a policy based on a philosophy that guarantees property rights and prosperity for everyone.

Anthology containing:The Corruption of Economics by Mason Gaffney & Fred HarrisonLand and Taxation by Nicolaus TidemanA Philosophy for a Fair Society by Michael Hudson, G.J. Miller & Kris Feder

With the eclipse of the New Right, politicians now admit that society is in crisis. Something must be done, but, explain the authors, governments will fail again unless they shake off the economic orthodoxy that is now one of the problems rather than the means to a solution. This book investigates the roots of the problem, both historically and theoretically. Dr Michael Hudson draws on archaeology and history, from Bronze Age Mesopotamia through Rome to Byzantium, to show how a destructive...

Most accounts of the current financial crisis tell a story of deregulation, out-of-control markets and irresponsible speculation. But few of those works have done more than regurgitate the newspaper coverage. In contrast, The Great Credit Crash digs deeper, drawing on some of the most prominent radical analysts of the modern market to foreground the key questions that are still waiting to be answered.This volume presents a more complete and convincing analysis of the recent...

The Dark Side of Reform: Exploring the Impact of Public Policy on Racial Equity contains nine chapters on the development of social policies with the potential to advance racial equity. In addition to studying these policies and their implications, the chapters in this volume demonstrate how lessons from the past can be used to inform the direction of current discussions. At the heart of these conversations are concerns about whether Black people, in particular, will receive the full benef...

Something must be done, explain the authors, but governments will fail again unless they shake off the economic orthodoxy which is now one of the problems rather than the means to a solution. This book investigates the roots of the problem, both historically and theoretically. Dr Michael Hudson draws on archaeology and history, from Bronze-Age Mesopotamia through Rome to Byzantium, to show how a destructive virus crept into the body politic. This led to a breakdown in man's relationship to...

This is a clear guide to the German financial system. It begins by outlining its historical development, emphasising the growth of close ties between the banking system and industry, and goes on to describe in details the nature of the credit institutions in general and the money and capital markets.The book emphasizes the crucial role played by the autonomy of the Bundesbank and it explains with clear illustrations the instruments available to it to conduct monetary policy. It ana...

One fake date. Three billionaire brothers. One fierce cousin.A storm of secrets, danger, and desire.It all begins when a gruff billionaire boss asks her to fake a relationship – dragging her into a world of high stakes, sharp chemistry, and buried secrets.This special edition romantic suspense collection features four steamy, emotionally gripping standalones, each with its own heart-racing love story – plus an exclusive bonus novella, Emily On My Mind, trying everyt...