Cover image of show Geopolitical Economy Hour

Geopolitical Economy Hour

Podcast by Radhika Desai

English

News & politics

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About Geopolitical Economy Hour

As dizzying yet historically deeply-rooted developments transform the political economy of key countries and the world's geopolitical economy, we provide ongoing analyses of the foundations being laid for a multi-polar world beyond capitalism.

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9 episodes

episode Is NATO Falling Apart? Trump, Ukraine, Russia and the Crisis of the West | GEH w Kees Van der Pijl artwork

Is NATO Falling Apart? Trump, Ukraine, Russia and the Crisis of the West | GEH w Kees Van der Pijl

German Chancellor, Friedrich Merz says, before an audience of schoolchildren, that Iran has humiliated the US. Donald Trump announces the withdrawal of 5000 of its troops from his country. Meanwhile, Minister Donald Tusk, Prime Minister of the most loyal of East European states loyal to the US and the Atlantic alliance, told the Financial Times that Europe's "biggest, most important question is if the United States is ready to be as loyal as it is described in our (NATO) treaties. The question is if NATO is still an organisation ready, politically and logistically, to react - for example, against Russia if they try to attack." The trouble is not recent but in the first year and a half of Donald Trump’s second administration these strains now seem to be building up to breaking point. The two sides of the Atlantic find themselves on opposite sides of both the major conflicts of our time, that in Ukraine and that against Iran. Tariffs on the European Union are hurting its economy. There is increasing discussion particularly in Brussels, on how that body should seek an autonomous defence infrastructure. Europe and Canada are ramping up defence expenditure and if such an infrastructure were to be built, notwithstanding the interminable squabbles of EU member countries, it would represent a major reversal of the foundation of the post Second World War North Atlantic alliance, the security umbrella that the United States provided to Europe in acceptance of US leadership. Radhika Desai and Kees van der Pijl, foremost critical international relations scholar of the Atlantic Alliance discuss

20 May 2026 - 45 min
episode Trump’s China Trip Was A Disaster — And It’s Getting Worse | Michael Hudson And Radhika Desai artwork

Trump’s China Trip Was A Disaster — And It’s Getting Worse | Michael Hudson And Radhika Desai

Trump had hoped to go there in triumph after an easy victory over Iran. He actually went there in despair, hoping for China’s help in cleaning up the mess he made there. Last year, he had hoped to cow China into submission with his tariffs, only to push himself in a submissive position. In Beijing, the very tone of his comments – what a great leader Xi is, how wonderful China, is, how well he gets on with everyone, and how the US and China are going to have a ‘fantastic future together’ shows that for all his grandiose plans to project US power, he has ended exactly where China wanted him, having to accept parity with China. How else did he manage to expose the reduction of US power in Beijing? Given that the meeting was initiated by the Chinese, how well did they realise what they wanted? Who budged or blinked on all the major issues: tariffs, investment, Hormuz, Taiwan, Iran’s nuclear programme? How will this summit re-shape the contest between China and the US that has shaped the 21st century? Will the retinue of CEO’s that went there get what they want? Where will it leave the Iran war? and, above all, where will it leave the world which the Trump regime, shall we call it that, has landed in chaos of one sort or another since Trump’s election, let alone his inauguration….. With me to discuss all this is the most regular of regulars, Professor Michael Hudson.

19 May 2026 - 39 min
episode The US Is Trying To Save The Dollar Ponzi Scheme With This... Swap Lines Explained w Michael Hudson artwork

The US Is Trying To Save The Dollar Ponzi Scheme With This... Swap Lines Explained w Michael Hudson

In this episode, I am joined by Michael Hudson to discuss how the United States is attempting to defend dollar hegemony at a time when its global financial power is facing mounting pressure. We examine the role of swap lines, dollar liquidity, sanctions, oil politics, and the Iran crisis in sustaining a world economy still organised around the US dollar. Although swap lines may appear to be a technical instrument of central banking, they reveal something much larger about who has access to liquidity in moments of crisis, who remains dependent on Washington, and how the United States continues to use the dollar as a tool of geopolitical power. As more countries search for alternatives to the dollar system, this conversation asks whether these new financial arrangements are signs of strength or signs that the old order is beginning to crack.

8 May 2026 - 45 min
episode Turning Point in the West's Century of War: Geopolitical Economy Interview with Laith Marouf artwork

Turning Point in the West's Century of War: Geopolitical Economy Interview with Laith Marouf

In this collaboration between Radhika Desai – Geopolitical Economist and Free Palestine TV, its founder, Laith Marouf discuss the historical conjuncture of Trump and Netanyahu’s war on Iran, how it is the culmination of the West’s 100-year war, itself hundreds of years in preparation, on the West Asian region. The many questions we range over include the following: * What gives Iran and the Axis of resistance its strength? * How are we to understand the role of religion, particularly Shia Islam in it * How does it contrast with the instrumental use of synthetic religion in the West, whether by Hegseth or Trump or Netanyahu or Zionism? * How have sanctions on Iran boomeranged even more spectacularly than those on Russia, giving that country a military confidence and autonomy few countries have enjoyed? * When and how might the war on Iran end?

30 Apr 2026 - 47 min
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