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Richard D. Wolff & Michael Hudson: This Is EXACTLY How Empires Collapse

Richard D. Wolff & Michael Hudson: This Is EXACTLY How Empires Collapse

Dialogue Works · Nima Rostami Alkhorshid

August 29, 20251h 1m

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Show Notes

Trump’s foreign policy is framed as a "landlord mentality," where the U.S. extracts wealth from allies by forcing them to fund wars while buying American weapons. Europe now pays for U.S. military aid to Ukraine, shifting costs but deepening debt and social strain. This neo-mercantilism mirrors colonial rent-seeking, pushing nations like India, China, and Russia toward a multipolar alliance outside U.S. control. Sanctions backfire, isolating America instead. The global order is fracturing, with BRICS emerging as a counterweight to U.S. dominance.

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