Hello, everyone. This is Moderate Rebels Live. I'm Ben Norton. As always, I'm

joined with my co-host, Max Blumenthal. And today, we have back one of our most popular guests,

one of our favorite guests, Professor Michael Hudson. People probably know who he is. He is a prominent economist, a very unique thinker.

He's written several books, not only on economics, but also on history, human society.

He's an expert on balance of payments and debt and a lot of topics. And today, we're going to

talk about a new edition of his book that was just published. We actually had Professor Hudson on over a year ago to talk about his legendary book, Super Imperialism. He actually just published a new edition of it. You can see here, cover Super Imperialism, the Economic Strategy of American Empire.

And he just published the third edition. It just came out. So we wanted to have him on to talk about why Professor Hudson updated this book that he published back in the 1970s.

This is now the third edition. The second edition was published in 2002, 2003 at the beginning of the so-called War on Terror.

And I think it's pretty appropriate, Professor Hudson.

We can begin with this.

I think it's pretty appropriate that your first edition of super imperialism was published

after Richard Nixon took the dollar off of gold

in the early 1970s. And then the second edition was published after 9-11 in the beginning of the

war on terror, which represents a kind of new phase of imperialism. And then finally, your third

edition here was just published. And your new edition

encompasses the new Cold War. The final chapter talks about the increasing economic competition

between the U.S. on one side and China and Russia on the other side, and you talk about the move toward a

de-dollarized, multipolar economy.

So can you talk about the differences in the additions and how they reflect the changes in

U.S. super imperialism, the system that you described back in the 1970s?

Well, the first edition was published in September of 1972,

that's 13 months after President Nixon took the dollar off gold.

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