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

Categories: Business & Money, Politics & Social Sciences

Economist Michael Hudson argues that the United States built a new kind of empire after World War II, based not on colonies but on its control of the world's money. First published in 1972, the book was revised in 2003. Hudson shows how the end of the gold standard let America run large deficits financed by other countries' central banks buying Treasury bonds. He examines how institutions such as the IMF and World Bank supported this system and what it means for other nations.

Recommended by 1 person

• Balaji Srinivasan: “The book is worth reading. It's interesting because it has the ring of truth on many issues.”