Michael Hudson's "Super Imperialism" reveals capitalism's peculiar twist: the U.S. transitioned from a great creditor to a dominant debtor, utilizing its debts as leverage in a world where power dynamics are shifting. Post-World War I, American financial institutions crafted a system that exploited other nations through debt, claiming to promote development while actually enforcing dependency. The contradiction lies in the U.S. controlling the world's currency even as its productive supremacy fades. As the global landscape evolves, the implications of dollar dominance become increasingly tenuous, demanding us to confront a crucial question—who ultimately commands the productive forces that money can influence but not generate?
The Golden Age Needs a Gunboat: Trump’s UN Speech and the Rising Cost of American Command
Trump's United Nations address declares America’s resurgence, yet it reveals an empire grappling with an escalating need for military force and economic coercion to maintain supremacy. His speech elevates military spending, sanctions, and immigration enforcement as signs of strength while ignoring the underlying contradictions—an empire that once commanded effortlessly now relies heavily on intimidation. The reality is that the U.S. must work harder to enforce its will both abroad and domestically as competition grows and global power dynamics shift. Instead of showcasing dominance, Trump's rhetoric underscores a declining ability to produce consent, exposing the fragility of American imperialism. The mask of effortless domination is slipping.
The Deed Stays in Caracas: How Washington Commands Oil It Doesn’t Own
Delcy Rodríguez's shocking pivot from anti-imperialist rhetoric to endorsing U.S. oil agreements is less a political betrayal and more an unveiling of Venezuela's fractured sovereignty. The narrative is explosive: as Washington tightens its grip, national ownership of oil assets becomes a hollow claim, with real power shifting to private capital and American influence. The illusion of control is shattered—Venezuelans are left to wrestle with a new reality where contracts dictate who profits from their resources. The stakes are high, as demands for transparency and public scrutiny grow louder; will the oil wealth truly benefit the people, or simply reinforce the power structures in play?
Bombing for Submission, Producing Deterrence: How the War on Iran Manufactures the Threat Washington Claims to Fear
CNN admits that Washington started the war, then quietly moves that fact into the scenery so Iran’s response can reappear as the new source of danger. The chronology tells another story: Iran’s offensive doctrine preceded the August reshuffle and was hardened through war, blockade, a failed reciprocal settlement, and renewed coercion around the Strait of... Continue Reading →
The Empire Signed Iran’s Terms: How Trump Rebranded Defeat as Victory
The Politico narrative transforms Trump's announcement of a U.S.-Iran peace deal into a self-aggrandizing spectacle, obscuring Iran's pivotal role and demands within a fourteen-point memorandum that Washington reluctantly conceded. This agreement signifies a profound U.S. failure to achieve its war aims, as it articulates a retreat framed as victory. The piece highlights how America’s empire is still threatening, renegotiating the terms, and imposing conditions, while Iran emerges fortified. Workers and activists must mobilize to hold Washington accountable, ensuring this retreat doesn't morph into renewed aggression. The reality is stark: the U.S. sought to dominate Iran but ended up conceding to its terms.