ARTFEED — Contemporary Art Intelligence

Michael Hudson: U.S. Plan to Revive Geoeconomic Dominance

other · 2026-07-27

Professor Michael Hudson outlines a U.S. strategy to restore geoeconomic dominance through monopolies in oil, information technology, transportation, and finance. The plan involves controlling oil trade and transportation corridors, forcing allies to pay for protection, and using sanctions to weaken rivals. Hudson argues the U.S. aims to become a rentier economy by extracting tolls and investments from OPEC countries, while destroying competitors' infrastructure. He notes the strategy's success depends on preventing rivals from developing alternatives and on the stability of allied regimes. The interview discusses the war in West Asia, U.S. attacks on Russian oil refineries, and the potential for global economic disruption.

Key facts

  • U.S. aims to control oil, AI, transportation, and finance monopolies.
  • Trump proposed tolls in the Strait of Hormuz to charge OPEC countries.
  • U.S. is bombing Russian oil refineries via Ukraine.
  • Iran bombed Amazon's AI investment in Bahrain.
  • U.S. lifted sanctions on advanced chips to UAE for partnership.
  • Russia may respond by bombing factories in NATO countries.
  • Hegseth said U.S. would put Iran's oil revenues in a Treasury account.
  • 2026 is predicted to be a world-historical year for the showdown.

Entities

Institutions

  • Naked Capitalism
  • Amazon
  • OPEC
  • NATO
  • U.S. Treasury
  • United Nations
  • IMF
  • World Bank
  • AfD
  • Amazon Cloud Investment Center

Locations

  • United States
  • Iran
  • Venezuela
  • Russia
  • China
  • Europe
  • West Asia
  • Strait of Hormuz
  • Bahrain
  • United Arab Emirates
  • Qatar
  • Greenland
  • Baltic Sea
  • Arctic
  • Odessa
  • Germany
  • France
  • Britain
  • Finland
  • Kuwait
  • Saudi Arabia
  • Yemen
  • Oman
  • Latvia
  • Estonia
  • India
  • Japan
  • South Korea
  • Taiwan
  • Africa
  • Global South

Sources