The IMF can literally conjure any amount of money out of thin air whenever they feel like it wtf how have I never heard about this
And before you ask, yes, almost all money created goes straight into the coffers of western countries instead of to the global south
Yes there are three editions. No idea why they can’t just be called that. I read the third edition, he mostly just tacks chapters on the beginning and end.
It’s also worth noting that there is a much older concept of “überimperialismus” (often translated as super imperialism) from Kautsky, which of course Lenin clowned in Imperialism because it’s simply wrong. I cited Hudson’s theory once and some ultra loser sent multiple text walls quoted from Imperialism. 🙄
Thanks. I’ll keep a look out for the third edition.