Clara Mattei talking with Costas Lapavitsas
He is Professor of Economics, SOAS University of London. Lots of people try to help America, but America just doesn't seem to appreciate their efforts (1:18:21). See his 2023 book The State of Capitalism: Economy, Society, and Hegemony.
See his recent article A Topography of the New Dollar Imperialism. On the fourteen central banks with Federal Reserve liquidity "swap lines" see Central bank liquidity swap.
My comment:
45:42 It's not enough to consider just the abstract notions of production, finance, etc. You have to include the material and energetic flows in the economy, otherwise you will produce a wasteland whatever you do.
See Forum for Real Economic Emancipation.
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