Author Archives: Paul Craig Roberts and Michael Hudson

Is neoliberalism killing Russia?
By Paul Craig Roberts and Michael Hudson
Posted on March 4, 2019 by Paul Craig Roberts and Michael Hudson

Putin’s approval rating is high, but it has declined over the past year. The decline is mainly related to domestic policy. Apparently, the public perceives recent Kremlin economic policy as a continuation of the disastrous policies that Washington imposed on Russia in the 1990s when Russia was loaded up with foreign debt while state assets were privatized and plundered by oligarchs sponsored by the West who “cashed out” by selling the assets to foreigners. Continue reading →

Can Russia learn from Brazil’s fate?
By Paul Craig Roberts and Michael Hudson
Posted on September 30, 2016 by Paul Craig Roberts and Michael Hudson

William Engdahl recently explained how Washington used the corrupt Brazilian elite, which answers to Washington, to remove the duly elected President of Brazil, Dilma Rousseff, for representing the Brazilian people rather than the interests of Washington. Unable to see through the propaganda of unproven charges, Brazilians acquiesced in the removal of their protector, thereby providing the world another example of the impotence of democracy. Continue reading →

Privatization is the Atlanticist strategy to attack Russia
By Paul Craig Roberts and Michael Hudson
Posted on February 10, 2016 by Paul Craig Roberts and Michael Hudson

Two years ago, Russian officials discussed plans to privatize a group of national enterprises headed by the oil producer Rosneft, the VTB Bank, Aeroflot, and Russian Railways. The stated objective was to streamline management of these companies, and also to induce oligarchs to begin bringing their two decades of capital flight back to invest in the Russia economy. Foreign participation was sought in cases where Western technology transfer and management techniques would be likely to help the economy. Continue reading →