Friday, April 6, 2018

The Economics Behind the Skripal Poisoning — Michael Palmieri interviews Michael Hudson

The Hudson Report is a new weekly series produced by Left Out with the legendary economist Michael Hudson. Every episode we cover an economic or political issue that is either being ignored—or hotly debated—that week in the press.
In this episode we discuss the economic and political implications of the attempted murder of former Russian double agent Sergei Skripal. We also touch upon the long history of collaboration between Russian oligarchs and Western banks and how it fits into the larger neoliberal project pursued after the collapse of the Soviet Union....
Michael Hudson's breadth of knowledge is amazing. He ferrets out the details.
Michael Palmieri: Wow. Certainly not a take that I’ve heard laid out anywhere that I’ve been reading.
Counterpunch — The Hudson Report
The Economics Behind the Skripal Poisoning
Michael Palmieri interviews Michael Hudson, President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University

See also

Hilarious. Hopkins is a gifted writer, and he turns his talents toward politics on occasion. His satire always worth a read.

And his analysis is spot on.
As I’ve been tracking for going on two years now, the global capitalist ruling classes are putting down a nationalist insurgency … the populist backlash against global capitalism that led to the Brexit, the election of Trump, and the rise of nationalist parties in Europe. They are conducting this counter-insurgency against an assortment of forces on both the left and the right. Ideology makes no difference to capitalism, which can accommodate pretty much any ideology as long as it doesn’t interfere with the market. Hard as it is to get our minds around, what we’ve been living through since 2016 is not a battle between left and right. It’s a battle over sovereignty. Since the end of the Cold War, global capitalism has been dissolving national sovereignty and replacing it with supra-national sovereignty … corporate supra-national sovereignty. A lot of people, on both the left and the right, are not real happy with how that is going and are resisting the only way they know how to, by reasserting their national sovereignty. The global capitalist ruling classes cannot allow this rebellion to continue, not when it leads to events like the Brexit, the election of Trump, and the destabilization of the entire Western neoliberal order.
Which brings us back to the Putin-Nazis and the War on Dissent that the global capitalist ruling classes are currently waging against any and all resistance to their brave, new global capitalist world. Because they are unable to characterize the nature of this conflict as what it is, they need a convincing “official enemy” to scare the living Bejesus out of people. This is where the Putin-Nazis come in....
Where does Corbyn fit into all this? Well, obviously, he’s been quietly building his extreme-left Putin-Nazi Death Cult in the shadows of British politics for years. If the Blairites hadn’t tracked down that telltale comment in his six-year-old Facebook post, who knows what horrors he and his legions of cultists might have unleashed on Britain.
Luckily, we won’t have to find that out, because the ruling classes and the corporate media are united against the Putin-Nazi threat. They shall not flag. They shall go on to the end. They shall fight these devils in the streets and the fields, and on the hills, and on the seas and oceans. They shall defend global capitalism, whatever the cost, no matter who they have to smear as an anti-Semite or a Russian agent. They shall smear them on television and on the Internet. They shall smear them in their “respectable” papers, until, in God’s good time, the New World, with all its corporate power and might, steps forth to the liberation of the old …
Jeremy Corbyn’s Nazi Death Cult
CJ Hopkins, American playwright, novelist and satirist based in Berlin

3 comments:

GLH said...

Don't you think that the globalist are in danger of overplaying their hand and exposing themselves?

Tom Hickey said...

Don't you think that the globalist are in danger of overplaying their hand and exposing themselves?

They already have. Now it's a question of how widely that perception spreads, how quickly, and how people react.

Kaivey said...

What a world, hey, the elite get rich out of the arms race? But its a protection racket, they invent an enemy and then demand payment to protect everyone. It's a crime. And then the weapons are often rubbish and always need more billions to develop, like the missile defence shield that doesn't work. Well, it works if they get a head on collision of an incoming missile on a perfectly sunny day.