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  • Monthly Review Essays
  • Why does the US support Israel?

    Why does the U.S. support Israel? A geopolitical analysis with economist Michael Hudson

    Originally published: Geopolitical Economy Report on 2023 (more by Geopolitical Economy Report)  |

    A former U.S. secretary of state boasted, “Israel is the largest American aircraft carrier in the world that cannot be sunk”. Journalist Ben Norton and economist Michael Hudson discuss why the United States so strongly supports Israel.

  • US military prepares for war on China

    As U.S. military prepares for war on China, Silicon Valley tech oligarchs are profiting

    Originally published: Geopolitical Economy Report on April 28, 2025 (more by Geopolitical Economy Report)  |

    The U.S. military is preparing for war on China. It has missile systems in the Philippines aimed at major Chinese cities. Defense Secretary Pete Hegseth says the USA is turning “Japan into a war-fighting headquarters”. Silicon Valley Big Tech oligarchs are making hugely profitable investments.

  • Trump

    Trump advisor reveals tariff strategy: Force countries to pay tribute to maintain U.S. empire

    Originally published: Geopolitical Economy Report on April 10, 2025 (more by Geopolitical Economy Report)  |

    Donald Trump’s top economic advisor Stephen Miran revealed that Washington’s strategy is to use tariffs to force countries to pay the USA tribute to maintain its global financial and military empire. This is the idea behind the so-called “Mar-a-Lago Accord”.

  • Fake ‘populism’

    Fake ‘populism’: How Trump’s billionaire admin serves the rich, and hurts everyone else

    Originally published: Geopolitical Economy Report on March 30, 2025 (more by Geopolitical Economy Report)  |

    Donald Trump is portrayed as a “populist” committed to average working-class people, but his policies benefit wealthy elites at the expense of everyone else. His administration includes 13 billionaires—including Elon Musk, the world’s richest oligarch—and he is cutting taxes on the rich and corporations while imposing a consumption tax on the poor through tariffs.

  • Trump / Vance

    U.S. VP JD Vance admits West wants Global South trapped at bottom of value chain

    Originally published: Geopolitical Economy Report on March 26, 2025 (more by Geopolitical Economy Report)  |

    At a summit held by a Silicon Valley venture capital firm, U.S. Vice President JD Vance gave a speech about globalization that made it clear that the West wants to keep poor, formerly colonized countries in the Global South trapped at the bottom of the global value chain, through monopolistic control of advanced technologies.

  • BRICS / P. Donald Trump

    What is a ‘multipolar’ world? China says equality; Trump & Marco Rubio say imperial rivalry

    Originally published: Geopolitical Economy Report on February 16, 2025 (more by Geopolitical Economy Report)  |

    What is the meaning of “multipolarity”? Donald Trump and Marco Rubio say “great power competition” with imperial spheres of influence. China and much of the Global South have an anti-imperialist view: “equality among all countries regardless of size”.

  • BRICS

    BRICS grows, adding Indonesia as member: World’s 4th most populous country, 7th biggest economy

    Originally published: Geopolitical Economy Report on January 7, 2025 (more by Geopolitical Economy Report)  |

    BRICS keeps expanding. As a new full member, it added Indonesia, the 4th most populous country with the 7th largest economy on Earth. BRICS now has 10 members and 8 partners. They make up 41.4% of global GDP (PPP) and half the world population.

  • Donald Trump

    Goals behind Trump’s tariffs: cut taxes on rich & escalate new cold war on China

    Originally published: Geopolitical Economy Report on January 4, 2025 (more by Geopolitical Economy Report)  |

    Donald Trump’s tariffs will not reduce U.S. public debt. The federal deficit will keep growing, but they will be an excuse to further cut taxes on the rich and to ratchet up the new cold war on China.

  • BRICS

    BRICS expands with 9 new partner countries. Now it’s half of world population, 41% of global economy

    Originally published: Geopolitical Economy Report on December 25, 2024 (more by Geopolitical Economy Report)  |

    BRICS keeps expanding, adding 9 partner countries in January 2025, after admitting 4 new members in 2024. It now makes up roughly half of the global population and more than 41% of world GDP (PPP). It’s an economic powerhouse, with top producers of key commodities like oil, gas, grains, meat, and minerals.

  • BRICS

    BRICS grows, adding 13 new ‘partner countries’ at historic summit in Kazan, Russia

    Originally published: Geopolitical Economy Report on October 26, 2024 (more by Geopolitical Economy Report)  |

    BRICS held a summit in Kazan, Russia in October 2024, where it expanded with 13 “partner nations”, after adding four new members. These are the most important takeaways from the historic meeting.

  • BRICS Cross-Border Payment Initiative (BCBPI)

    BRICS plans ‘multi-currency system’ to challenge U.S. dollar dominance: Understanding Russia’s proposal

    Originally published: Geopolitical Economy Report on October 19, 2024 (more by Geopolitical Economy Report)  |

    The BRICS Cross-Border Payment Initiative (BCBPI) will use national currencies, instead of the U.S. dollar. Russia’s finance ministry and central bank released a report detailing plans to transform the international monetary and financial system.

  • Cold War II

    Cold War II: U.S. Congress passes 25 anti-China laws in 1 week, funds propaganda campaign

    Originally published: Geopolitical Economy Report on September 22, 2024 (more by Geopolitical Economy Report)  |

    In what it called “China Week”, the U.S. House of Representatives approved 25 anti-Chinese laws over a few days, in bipartisan votes. Cold War Two fervor is reaching fever pitch in Washington.

  • US Big Tech

    How U.S. Big Tech monopolies colonized the world: Welcome to neo-feudalism

    Originally published: Geopolitical Economy Report on August 19, 2024 (more by Geopolitical Economy Report)  |

    U.S. Big Tech corporations are like the feudal landlords of medieval Europe. These Silicon Valley monopolies own the digital land that the global economy is built on, and are charging higher and higher rents to use their privatized infrastructure.

  • stock market crashes

    As stock market crashes, is U.S. facing new financial crisis? Economist Michael Hudson explains

    Originally published: Geopolitical Economy Report on August 7, 2024 (more by Geopolitical Economy Report)  |

    The stock market crashed on August 5, in a new “Black Monday”. What caused it? Is the USA on the verge of a new financial crisis? Ben Norton is joined by economist Michael Hudson to discuss the extreme volatility.

  • China is ‘world’s sole manufacturing superpower’, with 35% of global output

    China is ‘world’s sole manufacturing superpower’, with 35% of global output

    Originally published: Geopolitical Economy Report on January 31, 2024 (more by Geopolitical Economy Report)  |

    China’s state-led economic development model and robust industrial policy has transformed it into what an influential European think tank calls “the world’s sole manufacturing superpower”, making up 35% of global gross production–more than the 9 next largest manufacturers combined.

  • world’s richest 1%

    Global 1% own 43% of financial assets, 5 richest billionaires doubled wealth while 5 billion workers got poorer

    Originally published: Geopolitical Economy Report on January 18, 2024 (more by Geopolitical Economy Report)  |

    The world’s richest 1% own 43% of global financial assets, and the wealth of the top five billionaires has doubled since 2020, while 60% of humanity got poorer, according to a report by Oxfam.

  • US troops are occupying Syria’s oil fields

    U.S. troops are occupying Syria’s oil fields. Congress refuses to withdraw them

    Originally published: Geopolitical Economy Report on December 12, 2023 (more by Geopolitical Economy Report)  |

    The U.S. military has illegally occupied Syrian sovereign territory since 2014, preventing Damascus from accessing its own oil and wheat fields. The Senate voted 13-84, rejecting a resolution to withdraw U.S. troops.

  • US blocks Gaza peace proposal at UN for 3rd time, holding world hostage

    U.S. blocks Gaza peace proposal at UN for 3rd time, holding world hostage

    Ben Norton

    The U.S. government has paralyzed the United Nations, voting against the rest of the world and preventing peace in Gaza by vetoing three different resolutions in the Security Council. Meanwhile, Washington continues giving weapons to Israel.

  • West sabotaged Ukraine peace deal with Russia

    West sabotaged Ukraine peace deal with Russia, admit Zelensky official and Germany’s ex leader

    Originally published: Geopolitical Economy Report on December 3, 2023 (more by Geopolitical Economy Report)  |

    Russia wanted to sign a peace deal with Ukraine in March 2022, but NATO countries sabotaged it, according to Germany’s former Chancellor Gerhard Schröder and the parliamentary faction leader of Zelensky’s political party, Davyd Arakhamia.

  • US opposes peace as Israel ethnically cleanses Palestinians, waging war on ‘entire nation’ of Gaza

    U.S. opposes peace as Israel ethnically cleanses Palestinians, waging war on ‘entire nation’ of Gaza

    Originally published: Geopolitical Economy Report on October 15, 2023 (more by Geopolitical Economy Report)  |

    Israel is ethnically cleansing Palestinians, trying to force them out of Gaza into Egypt’s Sinai Peninsula. The U.S. and EU support Netanyahu’s scorched-earth war on the “entire nation”, and the State Department ordered diplomats not to call for peace, de-escalation, or a ceasefire.

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  • US Imperialism in Crisis: Opportunities and Challenges to a Global Community with a Shared Future
    Sam-Kee Cheng A late 1940s Soviet poster showing a US military service member lounging on top of a German factory, smoking a cigar. The text beneath reads DER DOLLARIMPERIALISMUS [dollar imperialism].

    1. Introduction The predominance of US economic, political and military power in the world was established at the end of the Second World War.1 With just 6.3 percent of global population, the United States held about 50 percent of the world wealth in 1948. As the only power which had used nuclear weapons on civilian […]

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