Scott
Verified User
I think the article from which the title of this thread is derived is similar to another I made a thread for, this one:
This new article doesn't use the word colonialism, but it does use other words that I think evoke the same idea, such as colonialism's counterpart, financial imperalism. Anyway, here's the article:
forumgeopolitica.com
I think its conclusion is quite good, so I'll quote it:
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Vladimir Putin and Xi Jinping are polite. They don't brag. They don't say they will destroy or break the other side. They are professionals. They don't engage in such rhetoric. But we must understand one thing: they mean business. Either they are sovereign and independent, or they don't exist. The same applies to us. We in the West must also emancipate ourselves from financial imperialism.
Does anyone out there in our aloof political merry-go-round understand that?
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Just finished reading the article that shares the name of this thread by Michael Hudson, I thought it was very good. It can be seen here:
www.geopoliticaleconomy.report
For those who'd like to know a bit more about the author before reading what he has to say, here's what's at the end of his article:
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Michael Hudson is president of the Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street financial analyst, and distinguished research professor of economics at the University of Missouri...
Michael Hudson: How the Global Majority can free itself from US financial colonialism
Economist Michael Hudson describes how China created an alternative to the Western neoliberal order, and how the Global South can challenge the rent extraction of US-centered financial colonialism.
www.geopoliticaleconomy.report
For those who'd like to know a bit more about the author before reading what he has to say, here's what's at the end of his article:
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Michael Hudson is president of the Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street financial analyst, and distinguished research professor of economics at the University of Missouri...
This new article doesn't use the word colonialism, but it does use other words that I think evoke the same idea, such as colonialism's counterpart, financial imperalism. Anyway, here's the article:
The Western world at a crossroads
The MAGA “peace” symbol is crumbling. His voter base, former allies of the West, and of course the global majority are turning away. It is high time for truly courageous decisions.
forumgeopolitica.com
I think its conclusion is quite good, so I'll quote it:
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So, dear West: it is high time for courageous decisions.
It seems that no one in the West dares to make the difficult decisions that lie ahead. Shouldn`t we be retreating? Do we recognize the problems we have in our own countries? Are we addressing these problems? Are we reforming the economy? Are we reforming the way we govern and are we taking a different path? In other words, are we willing to give up our political, financial, and military dominance over the world? Because that is what this is really about.Vladimir Putin and Xi Jinping are polite. They don't brag. They don't say they will destroy or break the other side. They are professionals. They don't engage in such rhetoric. But we must understand one thing: they mean business. Either they are sovereign and independent, or they don't exist. The same applies to us. We in the West must also emancipate ourselves from financial imperialism.
Life punishes those who are late
During the fall of the Berlin Wall in 1989, Mikhail Gorbachev indirectly warned Erich Honecker during a state visit to the GDR (October 1989) that reforms were necessary. Gorbachev said at the time:“I believe that dangers await only those who do not respond to life.”
History teaches us that those who ignore historical changes will be overwhelmed by them.Does anyone out there in our aloof political merry-go-round understand that?
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