The Progressive

/550/ The New Dollar Imperialism ft. Costas Lapavitsas


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Episode: /550/ The New Dollar Imperialism ft. Costas Lapavitsas
Pub date: 2026-05-19

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On world money and war.

Costas Lapavitsas, professor of economics at SOAS, London, talks to George and Alex about financialisation, arrested development, and the Strait of Hormuz.

  • What is the state-led stabilisation of finance capital?

  • How does today's imperialism differ from prior versions – even if they also inhibited development outside the core?

  • What is the "liquidity tribute" that developing countries must pay?

  • How is the war on Iran a perfect case of dollar imperialism: "the dollar and the F35"?

  • Why is the talk of "colonialism" today a distraction?

    London event: History's Back, Baby!

    Links:

    • A Topography of the New Dollar Imperialism, Costas Lapavitsas, NLR

    • Trump’s Chaotic Imperialism: Economic Warfare, Geopolitical Truculence and Domestic Authoritarianism, Costas Lapavitsas, Socialist Register

    • For forthcoming Monthly Review article, see here

    • /139/ Dollar Empire ft. Yakov Feygin & Dominik Leusder

    • /142/ Dollar Empire (2) ft. Daniel Bessner



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      The ProgressiveBy The Syllabus / Listen Notes