y Report Prepared to capture the limelight -- insclife

Understanding how the spectrum of left-wing governments in Latin America are responding to Russia's invasion of Ukraine, the impact of US/NATO sanctions on socialist movements in the global South & China's emerging role in the region. With Ben Norton of Multipolarista.

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Latin American Left Shift Over Ukraine War

On today's episode John Prysner and Prof. Richard Wolff discuss how one year into the war in Ukraine, the U.S. government has committed $100 billion dollars to this bloody proxy conflict that is threatening the whole world with catastrophe. But while huge numbers of people suffer and die, some capitalists are focused on getting their share of this enormous sum of money. Who profits from war?

Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.

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Ukraine War Turns 1: A $100 Billion Giveaway to the Arms Industry

Political economist Radhika Desai discusses the origins of neoliberalism as a fringe ideology and how it became dominant, fueling extreme inequality, instability, and financialization.

VIDEO: https://youtube.com/watch?v=lSTLsHAGoVA

This is a discussion of chapter 4, "Neoliberal and its financializations", from Radhika's book "Capitalism, Coronavirus and War: A Geopolitical Economy".

Other episodes in the series: https://youtube.com/playlist?list=PLDAi0NdlN8hNZoKp0XsLFwSxxlMQu6ye8

You can download Radhika's book for free here: https://geopoliticaleconomy.com/2023/02/17/capitalism-coronavirus-war-geopolitical-economy-radhika-desai

How neoliberalism devastated the economy, fueling financial instability and extreme inequality

Western governments have demonized the coup in Niger and threatened intervention, but polls show that 78% of Nigeriens support the military government's anti-colonial policies. France is extremely unpopular due to its neocolonial practices, whereas Russia is widely seen as an ally. The new nationalist junta pledges to pursue true independence and sovereignty.

VIDEO: https://youtube.com/watch?v=tAcc6U69E6o

Check out our related video "US/France threaten intervention in resource-rich Niger - Fears of war in West Africa": https://youtube.com/watch?v=JZ_5nuoB940

Niger coup: 78% of people support military government's anti-colonial policies

Political economists Radhika Desai and Michael Hudson explain how imperialism is a product not only of the struggle between classes but also nations, and how the framework of geopolitical economy helps us understand the international relations of the capitalist world system.

VIDEO: https://youtube.com/watch?v=vKVjpKCFd28

You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

Imperialism: How the struggle of both classes and nations creates our world

Around the world, debt is skyrocketing - and rising interest rates are making it unsustainable. In this first part, Ben Norton discusses the impending crisis in the United States, before explaining in part two how Wall Street traps the Global South in debt.

VIDEO: https://youtube.com/watch?v=Ib3QOBbQR2g

US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs: https://geopoliticaleconomy.com/2023/03/19/fed-bailout-silicon-valley-banks

4 US banks crash in 2 months: Banking crisis explained by economist Michael Hudson: https://geopoliticaleconomy.com/2023/05/05/first-republic-bank-crisis-michael-hudson

A huge debt crisis is coming

On September 11, 1973, the CIA sponsored a coup that overthrew copper-rich Chile's democratically elected socialist President Salvador Allende and imposed a fascist military dictatorship led by General Augusto Pinochet. Journalist Ben Norton reviews the historical evidence.

VIDEO: https://youtube.com/watch?v=mkB08AKNjQ0

Peru resource battle - CIA-linked US ambassador talks 'investments' with mining/energy ministers: https://geopoliticaleconomy.com/2023/01/19/peru-resources-mining-gas-investment

The first 9/11: How the CIA overthrew Chile's democracy (and pillaged its copper)

Political economists Radhika Desai and Michael Hudson are joined by geopolitical analyst Pepe Escobar to discuss the rapidly changing world order at a time of summits of BRICS, G20, and G77 and the UN General Assembly.

VIDEO: https://youtube.com/watch?v=IJSzHN71Qj8

Transcript: https://geopoliticaleconomy.com/2023/09/23/brics-nato-summits-radhika-desai-michael-hudson

You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

BRICS or NATO? G20 or G77? Summits mark rapidly changing world order

Much of the Global South is rebelling as Israel destroys Gaza, with US/EU support. Colombia's first-ever left-wing President Gustavo Petro warned that the West's exploitative economic model is bringing back fascism, and neocolonial elites treat the peoples of the Global South as "disposable, like the children of Gaza".

VIDEO: https://youtube.com/watch?v=kC8YMcHn9nE

US blocks peace in Gaza, supporting Israel's genocidal war on civilians: https://youtube.com/watch?v=rgD7pweEgG8

Israel's destruction of Gaza is West's fascistic plan for Global South, warns Colombia's president

Extremist Javier Milei won Argentina's presidential election on a far-right platform, pledging to abolish most government ministries, abandon monetary sovereignty, and adopt the US dollar, while cutting ties with China and withdrawing from BRICS. Ben Norton explains how a history of debt and colonialism keeps the South American nation trapped in seemingly endless crisis.

VIDEO: https://youtube.com/watch?v=FN6hoIb-QqA

Check out our article "How Argentina has been trapped in neocolonial debt for 200 years: An economic history": https://geopoliticaleconomy.com/2022/12/18/argentina-neocolonial-debt-history

Our related video "Global debt is unpayable: How Wall Street traps poor countries, profiting rich ones": https://youtube.com/watch?v=WRkhWQ0sRn4

Judicial coup in Argentina: Corrupt judges conspire with media oligarchs to ban Cristina Kirchner from office: https://geopoliticaleconomy.com/2022/12/08/judicial-coup-argentina-cristina-kirchner


TOPICS
0:00 Meet Javier Milei
7:54 History of debt traps
13:38 Sergio Massa and Peronists
19:27 Economist Ha-joon Chang on dollarization
22:27 Cut ties with China and Brazil?
24:51 Far-right "libertarianism"
27:55 Inflation, IMF, and foreign debt
30:46 Alberto Fernández surrenders to IMF
33:58 Investocracy: Rule by foreign investors
38:09 Exports and imports
39:35 Dependency theory
43:09 Protectionism and kicking away the ladder
46:28 Past failed dollarization schemes
52:56 Outro

How extremist Javier Milei became Argentina's president: A story of debt, crisis, and empire

Geopolitical Economy Report is an independent news outlet that provides original journalism and analysis to understand the changing world.

BRICS or NATO? G20 or G77? Summits mark rapidly changing world order

Geopolitical Economy Report

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