About this episode

Robinson, Richard, and Michael discuss the impact of colonialism on modern nations and the evolution of capitalism towards socialism.

Richard Wolff is Professor Emeritus of Economics at the University of Massachusetts Amherst and a visiting professor at The New School, where he works on economics in the Marxist tradition. This is Richard’s twelfth appearance on Robinson’s Podcast. Michael Hudson is Distinguished Research Professor of Economics at the University of Missouri, Kansas City and President of the Institute for the Study of Long-Term Economic Trends. He researches domestic and international finance, the history of economics, and the role of debt in shaping class stratification, among many other topics. This is Michael’s eighth appearance on the show. In this episode, Robinson, Richard, and Michael discuss colonialism and the death of modern nations. More particularly, they discuss the evolution of capitalism toward socialism, whether colonialism has officially ended, Russia, China, Israel, Iran, Trump, Putin, and the United States. Richard’s latest book is Understanding Capitalism (Democracy at Work, 2024). Michael’s most recent book is Temples of Enterprise (ISLET, 2024). Understanding Capitalism (Book): https://www.democracyatwork.info/understanding_capitalism Richard’s Website…

People in this episode

Host: Robinson Erhardt

Guests: Richard Wolff, Michael Hudson

Topics covered

• colonialism
• capitalism
• socialism
• class stratification
• international finance
• economic trends

Keywords

• colonialism
• capitalism
• socialism
• economic trends
• class stratification
• international finance
• Russia
• China
• Trump
• Putin

Mentioned in this episode

Organizations: University of Massachusetts Amherst, The New School, Institute for the Study of Long-Term Economic Trends, University of Missouri, Kansas City

Books & works: Understanding Capitalism, Temples of Enterprise

Places: Russia, China, Israel, Iran, United States

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