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

Book by Michael Hudson · 2 quotes · Super Imperialism, Dollar Debt, Monetary

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Super Imperialism: The Origin and Fundamentals of U.S. World Dominance Quotes

“The United States is in deficit on raw materials account, but is unwilling to limit its industrial expansion correspondingly. It is in surplus on farm products account, but is unwilling to limit its agriculture accordingly. The peoples of developing countries therefore are to be turned into the instrument through which the otherwise untenable U.S. economic process is perpetuated.”

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Book:Super Imperialism: The Origin and Fundamentals of U.S. World Dominance
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“The easy kind of liberalism, with its hope for ready-to-hand technocratic solutions to social problems, has led them to support the major way in which liberal institutions among backward peoples can be prevented from evolving. Their support for higher living standards for all has been exploited into de facto support of the oppressive and militarist regimes in backward countries. That indeed has become the purpose of the Malthusianism promoted by the World Bank and the government of the United States. American liberals have been its unwitting allies, and thereby the allies of the world’s most reactionary regimes.”

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Book:Super Imperialism: The Origin and Fundamentals of U.S. World Dominance
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