Share on Google Plus Share on Twitter Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 4 (4 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   3 comments
OpEdNews Op Eds

Michael Hudson's "Super Imperialism:" The Economic Strategy of Imperial America

By       Message Stephen Lendman     Permalink
      (Page 1 of 12 pages)
Related Topic(s): ; ; ; ; , Add Tags Add to My Group(s)

Must Read 1   Supported 1  
View Ratings | Rate It

opednews.com Headlined to H3 7/1/09

Author 194
Become a Fan
  (191 fans)

Michael Hudson's "Super Imperialism: The Economic Strategy of Imperial America" - by Stephen Lendman


First written in 1972, it was updated in a 2003 edition that's every bit as relevant now - thus this review focusing on Hudson's new preface, introduction, and detailed account of the book's theme.


He revisited it in his 2008-09 Project Censored award- winning article titled: "Economic Meltdown - The 'Dollar Glut' is What Finances America's Global Military Build-up" in which he explains the following - the "inter-related dynamics" of:


-- "surplus (US) dollars pouring into the rest of the world for yet further financial speculation and corporate takeovers;"


-- global central banks "recyl(ing) these dollar inflows (into) US Treasury bonds to finance the federal US budget deficit; and most important (but most suppressed in the US media),"


-- "the military character of the US payments deficit and the domestic federal budget deficit."


In other words, the global "dollar glut" finances US corporate takeovers, speculative excesses creating bubbles and global economic crises, America's reckless spending, foreign wars, hundreds of bases worldwide, "military build-up," and culture of militarism and belligerence overall at the expense of democratic freedoms, beneficial social change, and human and civil rights.


In softer form, it's what former US diplomat, advisor, father of Soviet containment, and dove compared to others at that time George Kennan believed should be America's post-WW II foreign policy. In his February 1948 "Memo PPS23, he stated:


Next Page  1  |  2  |  3  |  4  |  5  |  6  |  7  |  8  |  9  |  10  |  11  |  12

 

- Advertisement -

Must Read 1   Supported 1  
View Ratings | Rate It

I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon



Go To Commenting
/* The Petition Site */
The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

The McCain-Lieberman Police State Act

Daniel Estulin's "True Story of the Bilderberg Group" and What They May Be Planning Now

Continuity of Government: Coup d'Etat Authority in America

America Facing Depression and Bankruptcy

Lies, Damn Lies and the Murdoch Empire

Mandatory Swine Flu Vaccine Alert