"Never before has a bankrupt nation dared insist that its bankruptcy become the foundation of world economic policy; that, because of its bankruptcy, all the nations what their economies transferring its bankruptcy to themselves, stultifying their industries, and paying tribute to the beggar." "What the United States did not learn during the 1930s, but is now in the process of learning, is that as borrower instead of lender, in fact as a bankrupt on international account, a strong industrial nation can exercise even greater force in the world of nations than a solvent creditor country can exercise through its overwhelming creditor status." "Effectively speaking, the United States has compelled the older nations of the West to pay for the overseas costs of the US war in Asia. Whatever they may desire, the central banks of Europe had no choice but to continue to except the paper dollar equivalents annually created as the domestic and overseas deficit of the United States increase. Otherwise, the whole of shaky structure of the world monetary system will collapse into rubble. America has succeeded in forcing other nations to pay for its wars on a systematic basis, something never before accomplished by any nation in history ."--excerpts from the book "In 1949 the United States held three-Quarters of the world's gold; by 1960 it had become a debtor nation. And yet, the United States has built history's most powerful and affluent empire. Its techniques for world domination remained, at first, the conventional devices of the economic superstate. In recent years, however, the United States has sophisticated its strategy to the point where, although fallen into serious debt, it has retained and even expanded its dominance. The United States has pioneered a new form of imperialism in which the assets of its competitors have been employed for American ends."--from inside dust jacket flap

Super Imperialism: The Economic Strategy of American Empire

HUDSON, MICHAEL

HOLT. RINEHART AND WINSTON

Global Fracture: The New International Economic Order

Hudson is one of the tiny handful of economic thinkers in today's world who are forcing us to look at old questions in startling new ways. Alvin Toffler, best-selling author of Future Shock and The Third WaveThis new and updated edition of Michael Hudson's classic political economy text explores how and why the US came to achieve world economic hegemony.Originally published as the sequel to Hudson's bestselling Super Imperialism, Global Fracture explores American economic strategy during a key period in world history. In 1973, many of the world's most indebted countries sought to free themselves of trade dependency and the debt trap by creating a New International Economic Order (NIEO). This aimed to improve the terms of trade for raw materials and build up agicultural and industrial self-sufficiency. Global Fracture shows how the US undermined this progressive initiative and instead pushed for financial dominance over the rest of the world. Today, the NIEO is a forgotten interlude, its optimism replaced by the financial austerity imposed by the IMF and the World Bank.Exploring how America achieved its economic aims, and tracing the implications this has had through subsequent decades, Michael Hudson covers various topics including trade embargoes, changing US attitudes to foreign aid, the rise of protectionism, government regulation of international investments, the impact on specific industries including the oil industry, the implications of the new economic order and the future of war.

Business & Money

Economics

Harper Row Publishers

Banking and Finance in West Germany (RLE Banking & Finance)

This is a clear guide to the German financial system. It begins by outlining its historical development, emphasising the growth of close ties between the banking system and industry, and goes on to describe in details the nature of the credit institutions in general and the money and capital markets.  The book emphasizes the crucial role played by the autonomy of the Bundesbank and it explains with clear illustrations the instruments available to it to conduct monetary policy. It analyses the type of monetary target adopted by the Bundesbank in the early 1970s and deals with the ‘transferability’ of the West German financial system to other countries. Wherever relevant, parallels and differences between that system and the ones operating in the US and UK are pointed out.

Francke, Hans

Reference

Routledge

PHOTON - It's the ultimate action-adventure game for adults, where laser-blasting opponents defend their home base in intergalactic battles. It's the ultimate escape for a restless suburbanite like Christopher Jarvis. In mock combat, he is Bhodi Li - Photon Warrior -- and he is the best. - It's not just a game. Suddenly transported to an alien spacecraft, Christopher learns the shocking truth: Photon is a recruiting center for the warrior elite. The weaponry and technology are real, the battle between light and dark is real, and the planet Earth faces total destruction at the hands of the evil Arrian alliance. Christopher Jarvis -- now Bhodi Li -- is in for more action-adventure than he ever bargained for...

Thieves Of Light (Photon : The Ultimate Game on Planet Earth)

Science Fiction & Fantasy

Science Fiction

BERKLEY

Trade Development & Foreign Debt I - Rights Reverted: A History of Theories of Polarisation and Convergence in the International Economy

This text presents an alternative history of the major theoretical concepts that have shaped international economics since its inception in the mercantilist epoch. Present anti-orthodox views on trade and development, far from being the preserve of a few marginal heretics of each generation, are revealed to have a long and honourable pedigree. Debates over economic doctrine are not merely academic matters; they concern the destiny of nations. Thus, the orthodox "laissez faire" and free trade positions adopted by the World Bank and IMF have had devastating consequences for the developing nations of the Third World, trapped into reliance on unstable export commodities and spiralling debt burdens. Polarization, rather than convergence, has been the result of free market principles. The author's analysis demonstrates the urgency of debunking economic orthodoxy and reconsidering the value of protectionist and structuralist approaches to trade and development.

Pluto Press

An alternative history of the major theoretical concepts that have shaped international economics since mercantilist times. It shows that the policies of laissez-faire and free trade adopted by institutions such as the World Bank and the IMF have had a devastating effect on developing countries, leading to greater polarisation rather than to convergence. The author's analysis demonstrates the importance of debunking economic orthodoxy and reassessing instead the value of protectionist and structuralist approaches to trade and development.

TRADE DEVELOPMENT & FOREIGN DEBT Volume 2 - Rights Reverted: A History of Theories of Polarisation and Convergence in the International Economy

Trade Development and Foreign Debt 2

Michael Hudson's brilliant shattering book will leave orthodox economists spluttering. Classical economists don't like to be reminded of the ugly realities of Imperialism. Hudson is one of the tiny handful of economic thinkers in today's world who are forcing us to look at old questions in startling new ways. Alvin Toffler, best-selling author of Future Shock and The Third WaveThis new and completely revised edition of Super Imperialism describes the genesis of America's political and financial domination. Michael Hudson's in-depth and highly controversial study of U.S. financial diplomacy explores the faults built into the core of the World Bank and the IMF at their inception which -- he argues -- were intended to preserve the US's financial hegemony. Difficult to detect at the time, these problems have since become explicit as the failure of the international economic system has become apparent; the IMF and World Bank were set up to give aid to developing countries, but instead many of the world's poorest countries have been plunged into insurmountable debt crises. Hudson's critique of the destructive course of the international economic system provides important insights into the real motivations at the heart of these institutions - and the increasing tide of opposition that they face around the world.

Super Imperialism - New Edition: The Origin and Fundamentals of U.S. World Dominanc

Super Imperialism - New Edition: The Origin and Fundamentals of U.S. World Dominance

See the best price to sell, buy, or rent books by HUDSON, MICHAEL. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by HUDSON, MICHAEL

See the best price to sell, buy, or rent books by HUDSON, MICHAEL. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Super Imperialism: The Economic Strategy of American Empire

Global Fracture: The New International Economic Order

Banking and Finance in West Germany (RLE Banking & Finance)

Thieves Of Light (Photon : The Ultimate Game on Planet Earth)

Trade Development & Foreign Debt I - Rights Reverted: A History of Theories of Polarisation and Convergence in the International Economy

Trade Development & Foreign Debt I - Rights Reverted: A History of Theories of Polarisation and Convergence in the International Economy

TRADE DEVELOPMENT & FOREIGN DEBT Volume 2 - Rights Reverted: A History of Theories of Polarisation and Convergence in the International Economy

Trade Development and Foreign Debt 2

Super Imperialism - New Edition: The Origin and Fundamentals of U.S. World Dominanc

Super Imperialism - New Edition: The Origin and Fundamentals of U.S. World Dominance