Hello, everyone. I'm Ben Norton. You're watching Moderate Rebels, and there'll be a podcast

version of this after for people who want to listen. We are joined today by the economist Michael Hudson,

one of the most important economists in the world, honestly, in my view.

And I don't think he needs introduction.

He's written many books and has been an economic advisor for multiple governments

and has a long history on Wall Street and academia.

And you can find his work at Michael-Hifen Hudson.com.

Today we're going to talk about an issue that Michael Hudson has been writing about for decades,

and something that you're never really going to hear from other economists,

especially mainstream neoliberal

economists, and that's what he calls super imperialism.

The U.S. government has, of course, its military apparatus, which we talk about a lot here

at moderate rebels in the gray zone, with the war in Iraq, the war on Syria, the war in Libya.

But then there's also the economic form that imperialism takes.

And Michael Hudson wrote the book Super Imperialism that details exactly how this system works.

So today, Michael Hudson, I want to start just talking about what super-imperism looks like today in the new Cold War.

This is something that we talk a lot about.

We saw that Joe Biden gave his first kind of major speech to Congress.

We're not supposed to call it a state of the union because it's still his first year,

but Biden gave a joint speech to Congress in which he declared that the United States is

in competition with China to win the 21st century, as he put it.

And we've seen that the U.S. government under Biden and, of course, before under Trump,

...