The world economy is structured in an unjust way in which the West drains the wealth of the Global South. Ben Norton discusses the economics of imperialism, and how China has tried to reverse it.

VIDEO: https://youtube.com/watch?v=PlAN5-Lk0hw

China is ‘world’s sole manufacturing superpower’, with 35% of global output: https://geopoliticaleconomy.com/2024/01/31/china-world-manufacturing-superpower-production

Topics
0:00 Global inequality
3:01 World-systems analysis
4:37 Prebisch-Singer thesis
6:55 Dependency theory & commodity supercycles
8:27 Unequal exchange
11:01 Haiti & Honduras: Wage suppression in the periphery
13:57 New International Economic Order
15:22 China & the Asian Tigers
19:27 The Global South rebels
22:41 South Africa's President Ramaphosa on industrialization
25:13 Indonesia's economic development
26:34 (Neo)colonialism in Indonesia
29:29 Indonesia bans raw mineral exports
32:18 Protectionism (for the West, not for the rest)
37:38 China helps Indonesia industrialize
42:04 The myth of Chinese "imperialism"
43:04 India's economy vs. Indonesia's
46:41 China's South-South integration
49:33 Outro

The economics of imperialism: Can the Global South resist Western exploitation? Can China help?

It's like if someone ran up and sucker-punched somebody at the bar, and then everyone started screaming at the guy who just got punched that he'd better leave the other guy alone and stop being a bully.

Reading by Tim Foley.

Empire Managers Keep Acting Like Iran Is About To Attack Israel Without Provocation

Anyone who wants the US and its allies to attack Iran is a psychopath. People who want to unleash a war of that scale upon our species should be rejected from our society as aggressively as child molesters and Nazis.

Reading by Tim Foley.

Anyone Who Wants The US To Attack Iran Is An Enemy Of Humanity

15-04-24 פתחי וזמרי בעם

Both Israel and the US are pretending to be powerless in this situation, when in reality they're both anything but. They're like two muggers getting ready to mug someone and saying "If only there was something we could do to stop this terrible mugging!"

Reading by Tim Foley.

Israel's Latest Lie Is That It Has 'No Choice' But To Attack Iran

The destruction of Gaza proves the entire mainstream western worldview is bullshit, because if the mainstream western worldview was accurate, the destruction of Gaza would not be happening.

Reading by Tim Foley.

If The Mainstream Worldview Was Accurate, Gaza Wouldn't Be Burning

The Biden administration has reportedly canned its plans to issue sanctions on an extremist IDF unit for human rights violations in the occupied West Bank, following backlash from Israel and its high-powered supporters within the US government.

Reading by Tim Foley.

Biden Wanted To Sanction An Israeli Battalion But He Didn't Because Israel Said No

Japan's currency the yen has fallen significantly against the dollar. It its economy in crisis? What is the role of US interest rates, inflation, debt, and deficits? What about China? Ben Norton explains the complex geoeconomic situation.

VIDEO: https://youtube.com/watch?v=sz3r36ZTe7Q

Topics
0:00 Intro
1:40 Yen plunges against US dollar
3:32 Rising exports, falling imports
4:40 Did Germany overtake Japan?
5:58 Nominal GDP is misleading
7:27 PPP is much more accurate
9:25 Misunderstanding GDP figures
10:53 US deficits & debt drive GDP growth
12:37 Strong US dollar
13:58 Industrialization & manufacturing
15:31 Current account
16:15 US Treasury securities
18:09 Why is the yen falling?
18:43 Interest rates
20:37 Bond yields
23:28 Why doesn't Japan raise interest rates?
23:50 Japan's debt
26:18 Inflation
29:32 US Treasurys
30:29 De-dollarization: China drops US bonds
33:14 TL;DW (conclusion)
35:07 Outro

Is Japan in crisis as yen crashes? Or is USA exporting its economic problems?

להתעורר על צד ימין עם ארז תדמור 13-05-24

Faith Vs Foolishness - Ap Allan Bagg

Israel prepares for a bigger war in Gaza despite its failures and the global condemnation for the invasion of Rafah. Even though Hamas has agreed to a deal, Joe Biden claims the problem with reaching a ceasefire is Hamas and the Palestinian resistance.

Brian Becker is joined by Layan Sima Fuleihan, a Palestinian organizer with the Shut It Down for Palestine coalition, a popular educator, the Education Director at The People’s Forum, and an editor at 1804 Books.

Please make an urgently-needed contribution to The Socialist Program by joining our Patreon community at https://www.patreon.com/TheSocialistProgram. We rely on the generous support of our listeners to keep bringing you consistent, high-quality shows. All Patreon donors of $5 a month or more are invited to join the monthly Q&A seminar with Brian.

Israel’s Real Plan: Expand War, Reject Ceasefire, and String Biden Along

Readings of all Caitlin Johnstone's articles, usually by her co-writer Tim Foley.

Israel's Latest Lie Is That It Has 'No Choice' But To Attack Iran

Caitlin Johnstone

Related tracks