If we’re being honest, it really is lol. If someone invents a time machine in the future, one of the missions will be to stop Hudson from publishing his book.
According to Hudson himself, the US establishment fell into panic mode when Nixon abruptly ended the Bretton Woods in 1971, and presses reported that the American century is about to be over (amidst the other crises like Vietnam War, civil rights movement, trade union movements, the international isolation of the US that would follow in the Bangladesh Liberation War and the Yom-Kippur War, the oil price shock and stagflation from 1973 onwards etc…)
If you read the Foreword from the 2nd edition onward, Hudson wrote that the State Department bought two thousand copies of the book to study how to get out of the empire’s own contradictions. Super imperialism allows the US to export its industries to the rest of the world while crushing the domestic working class movements at home, and real wages began to stagnate since.
Both Capitalist and their fascist brethren steal leftists thought concepts and language and bastardize it - and its always the more successful than what their own “intellectuals” can come up with,
if this guy was an actual socialist and believes what he says (i.e. US has used this book for 50+ years to continue its brutal empire), how has he not killed himself yet? like seriously, i get he’s a trot so he probably thinks some psychotic shit like “helping the US to bring down the worst perversion of socialism ever, the USSR, was actually a very very good thing” .
but like this is maybe understandable if you havent seen all the horrific suffering since the collapse of the USSR, including possible irreversible climate change induced extinction, let alone all of the other horrible shit the USA has done. to head off “great man theory accusations”, ill just say that even someone else taking 5 year to study and explain this could have potentially led to a diffreent outcome to the cold war. it also ultimately shouldnt allieviate the guilt for youyourself donig this instead of someone else 10 years down the line. we dont really give the same kind of grace to US veterans: you were a willing foot soldier of the US empire, so you should feel horrific about yourself, and if you were to end your own life, we would laugh at you. instead, it more so seems like hudson is bragging about it to me, which is very very very gross. you should be mortified over this shit man, wtf are you doing
This book was published on January 1st, 1972.
In the 2nd Edition Hudson says that lots of capitalists and feds read his book, and they began obfuscating economic statistics because of this book.
This is all Michael Hudson’s (Trotsky’s) fault
If we’re being honest, it really is lol. If someone invents a time machine in the future, one of the missions will be to stop Hudson from publishing his book.
According to Hudson himself, the US establishment fell into panic mode when Nixon abruptly ended the Bretton Woods in 1971, and presses reported that the American century is about to be over (amidst the other crises like Vietnam War, civil rights movement, trade union movements, the international isolation of the US that would follow in the Bangladesh Liberation War and the Yom-Kippur War, the oil price shock and stagflation from 1973 onwards etc…)
If you read the Foreword from the 2nd edition onward, Hudson wrote that the State Department bought two thousand copies of the book to study how to get out of the empire’s own contradictions. Super imperialism allows the US to export its industries to the rest of the world while crushing the domestic working class movements at home, and real wages began to stagnate since.
I’m a bit confused how people actually feel about Michael Hudson. Can’t tell if he’s loved or hated. He has made undeniable contributions, though.
I’m beginning to see a pattern here
Both Capitalist and their fascist brethren steal leftists thought concepts and language and bastardize it - and its always the more successful than what their own “intellectuals” can come up with,
1984 was meant to be a warning, not an instruction.
Damn you Kautsky
if this guy was an actual socialist and believes what he says (i.e. US has used this book for 50+ years to continue its brutal empire), how has he not killed himself yet? like seriously, i get he’s a trot so he probably thinks some psychotic shit like “helping the US to bring down the worst perversion of socialism ever, the USSR, was actually a very very good thing”
.
but like this is maybe understandable if you havent seen all the horrific suffering since the collapse of the USSR, including possible irreversible climate change induced extinction, let alone all of the other horrible shit the USA has done. to head off “great man theory accusations”, ill just say that even someone else taking 5 year to study and explain this could have potentially led to a diffreent outcome to the cold war. it also ultimately shouldnt allieviate the guilt for you yourself donig this instead of someone else 10 years down the line. we dont really give the same kind of grace to US veterans: you were a willing foot soldier of the US empire, so you should feel horrific about yourself, and if you were to end your own life, we would laugh at you. instead, it more so seems like hudson is bragging about it to me, which is very very very gross. you should be mortified over this shit man, wtf are you doing