The consequences of moving from industrial to financial capi

© Anthony Quintano/CC BY 2.0/Wikimedia Commons
High-ended retailer Saks Fifth Avenue added private security, fencing and barbed wire ahead of a Black Lives Matter protest in New York, June 7. 2020. Pepe Escobar in conversation with Michael Hudson at the Henry George School of Social Science.
Michael Hudson: Well, I'm honored to be here on the same show with Pepe and discuss our mutual concern. And I think you have to frame the whole issue that China is thriving, and the West has reached the end of the whole 75-year expansion it had since 1945.
So, there was an illusion that America is de-industrializing because of competition from China. And the reality is

Related Keywords

Long Island , Shandong , China , Latvia , Afghanistan , Shanghai , United States , Henry George School Of Social Science , Illinois , Blackrock , United Kingdom General , United Kingdom , Brazil , South China Sea , Brunei General , Brunei , Ventspils , Ventspils Novads , Ibrahima , Saudi Arabia General , Saudi Arabia , Newark , New Jersey , Chicago , Jakarta , Jakarta Raya , Indonesia , Tajikistan , Moscow , Moskva , Russia , Japan , Argentina , Washington , Laos , Indiana , Riga , Kremlin , Pakistan , Guangzhou , Guangdong , Abu Dhabi , Abuz Aby , United Arab Emirates , Sweden , World Bank , District Of Columbia , Peking , Beijing , Lithuania , France , Water Tower Place , Mongolia , Shenzhen , California , Sri Lanka , Astana , Gorod Astana , Kazakhstan , India , Italy , Wuhan , Hubei , South Korea , Wharton School , Greece , New York , Malaysia , Kyrgyzstan , Xinjiang , Jiangxi , Iran , Boston , Massachusetts , Norilsk , Krasnoyarskiy Kray , Columbia University , Canada , Germany , Athens , Attikír , Estonia , Israel , Mecca , Makkah , Houston , Texas , Kansas , Khunjerab , Northern Areas , Americans , America , Swedish , Greek , Tajiks , Latvian , French , Brazilian , British , Tajik , Russians , American , Canadian , Chinese , Russian , Britain , Soviet , German , Pakistanis , David Harvey , Adam Smith , John Stuart Mill , Pepe Escobar , Donald Trump , Mohammad Mahathir , Wikimedia Commons Sheila Bair , Simon Patten , Michael Hudson , Henry George , Vladimir Putin , Tim Geithner , Viatcheslav Zolensky , Deng Xiaoping , Wikimedia Commons , Mikhail Gorbachev , Wikimedia Commons Michael Hudson , Paulo Guedes , Marca Hermann , Jed Dodson , Matt Spangler , Karl Marx , Sheila Bair , John Bates Clark , Goldman Sachs , World Trade Organization , International Marxist , Jp Morgan , Ministry Of Commerce , Academy Of Social Sciences , Harvard Institute Of International Development , Yukos , School Of Marxist , Dave Center , Riga Graduate School Of Law , Chinese National Committee , Central Committee , Federal Reserve , Wuhan University , Citibank , Wikimedia Commons High School , Abu Dhabi Investment Fund , Russian Academy Of Sciences , International Monetary Fund , Chicago School , Harvard Anthropology Department , Shanghai Cooperation Organization , Hermitage Fund , Eurasian Economic Union , Renaissance Fund , Merrill Lynch , Wikimedia Commons Building Of Council Labor , Economics Department , Deposit Insurance Corporation , Henry George School , Washington College , Saks Fifth Avenue , Black Lives Matter , Rust Belt , York City , Social Security , Water Tower , Wall Street , High School , Peking University , Social Sciences , Germany England , Chinese Central , Federal Deposit Insurance Corporation , President Obama , South Minneapolis , New York City , Pari Gare De Lyon , President Donald Trump , Hudson River , President Trump , John Stewart Mill , Brazilian Finance Minister Paulo Guedes , Global South , International Monetary , Beijing University , Michael Fleshman Via Flickr , Occupy Wall Street , Latin America , Financial Times , Third World , Road Initiative , Kansas City , Modern Monetary , Atlanticist Trojan Horse , Soviet Union , Russian Duma Building ,