America’s Neoliberal Financialization Policy vs. China’s Industrial Socialism — Michael Hudson

Nearly half a millennium ago Niccolo Machiavelli’s The Prince described three options for how a conquering power might treat states that it defeated in war but that “have been accustomed to live under their own laws and in freedom: … the first is to ruin them, the next is to reside there in person, the third is to permit them to live under their own laws, drawing a tribute, and establishing within it an oligarchy which will keep it friendly to you.”...

The US has a different approach to different challengers to its hegemony. Pepe Escobar calls it "the empire of chaos." Michael Hudson called it "super imperialism" decades ago.

Michael Hudson — On Finance, Real Estate And The Powers Of Neoliberalism
America’s Neoliberal Financialization Policy vs. China’s Industrial Socialism
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