Hegemon no more (E1361)
Max and Stacy discuss that, for the first time in modern aviation history, the US was forced to follow where other nations led in grounding Boeing 737 MAX 8 aircraft. Is this a sign that nations are losing faith in the hegemonic power of America to deliver the best quality products and economic benefits? From chlorinated chicken, genetically-modified foods, and weapons of mass financial destruction, we are seeing a more open rejection of profit margin as the only determinant for economic and cultural systems. Max interviews Dr. Michael Hudson about trust busting, market concentration, a Green New Deal, and negative interest rates.
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