Richard Wolff & Michael Hudson: US Passes Russia-Iran Sanctions—Black Sea & Hormuz Blockades Tighten

Dialogue Works · Sep 17, 2026 · 1h 5m

Explore the accelerating decline of US global hegemony and the rise of a multipolar world. This discussion covers escalating Middle East tensions, and the US strategy of demanding financial "tribute" from allies to fund its military overreach. We analyze the deep economic contradictions facing the US, where rising interest rates and massive defense deficits risk triggering a severe recession. Ultimately, current geopolitical conflicts are framed as a historic civilizational shift, with the Global South increasingly rejecting US-dominated structures in favor of independent, multipolar…