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- 388 - This is why China is gaining global influence, while USA loses it
US politicians and media outlets complain about China's growing global influence, but offer no alternatives to help countries develop. China has the world's largest economy, produces inexpensive manufactured goods everyone wants, invests trillions in infrastructure, and doesn't interfere in internal affairs of foreign nations. Ben Norton compares what Washington and Beijing have done in Latin America, especially Peru and Nicaragua. VIDEO: https://www.youtube.com/watch?v=fRpe7W4vxHY Topics 0:00 US politicians fearmonger about China 1:32 Non-interventionist foreign policy vs US wars 2:21 China: world's largest economy & manufacturer 3:49 China: biggest trading partner of most countries 4:36 Latin America 6:48 Belt & Road Initiative (BRI) 9:19 US alternative: tariffs & privatized infrastructure 11:42 BlackRock plans to buy up infrastructure 12:39 BlackRock CEO Larry Fink at G7 summit 13:49 China builds Peru's Chancay mega-port 15:56 USA threatens Latin America over Chinese-built port 18:09 US-backed coup in Peru 19:47 USA sells Peru old trains from 1980s 21:31 What US offers vs what China offers 23:40 Nicaragua canal plans 25:04 US attacks on Nicaragua's Sandinista Revolution 26:10 Why China is winning influence 29:02 Outro
Fri, 22 Nov 2024 - 29min - 387 - Meet Trump's Defense Secretary Pete Hegseth: a 'crusader' pushing war on China & Iran
To run the US military in his second term, Donald Trump has nominated as Defense Secretary Pete Hegseth, a neoconservative self-declared "crusader" who is eager for a Western civilizational war on China and Iran. Ben Norton reviews the extremely hawkish history of the Fox News host turned likely Pentagon chief. VIDEO: https://www.youtube.com/watch?v=m9WBjcfVhu4 Topics 0:00 Trump's defense secretary nominee Pete Hegseth 0:31 An "American Crusade" (against China & Iran) 1:53 Hegseth called on Trump to bomb Iran 4:44 Trying to divide China & Russia 5:39 Fearmongering about BRICS & de-dollarization 7:48 "Axis of Evil": neocon ideology 8:26 Neocolonialism in Latin America 9:47 Preparing for war with China 11:33 Outro
Sat, 16 Nov 2024 - 11min - 386 - Meet Trump's Secretary of State Marco Rubio: pro-war neocon linked to drugs & coups
Donald Trump has appointed neoconservative Marco Rubio to oversee US foreign policy as secretary of state. Ben Norton reviews his extremely hawkish record pushing for war on China, Iran, and beyond, as well as the Florida senator's shady support for his drug lord brother-in-law, Orlando Cicilia, who was imprisoned for trafficking $15 million in cocaine. VIDEO: https://www.youtube.com/watch?v=-ncw2VCsJFI Topics 0:00 Intro 0:32 China is threat to US unipolar dominance 1:21 Rubio loves Israel 1:55 Rubio wants "disproportionate" attack on Iran 2:25 Religious fundamentalism 3:47 China is "far more dangerous than the cold war" 4:33 Neocolonialism in Latin America 6:03 Rubio wants USA to invade Venezuela 6:25 Monroe Doctrine 7:42 China and Latin America 8:39 Scapegoating China 9:28 Chinagate: the new McCarthyism 10:55 Censorship 11:41 Rubio wants to censor "disinformation" 12:08 Threatening Mexico 13:05 Rubio's shady links to drug lord brother-in-law 14:02 Outro
Fri, 15 Nov 2024 - 15min - 385 - Trump picks hawks & neocons to run US foreign policy: Meet his warmongering cabinet
Donald Trump has nominated warmongering neoconservatives to run his foreign policy, including Marco Rubio as Secretary of State, Mike Waltz as National Security Advisor, Pete Hegseth as Defense Secretary, John Ratcliffe as CIA Director, and Elise Stefanik as UN Ambassador. Ben Norton reports on their extremely hawkish views. VIDEO: https://www.youtube.com/watch?v=iwsrUUkDBWg Topics 0:00 Trump's warmongering cabinet 3:54 Strategy: try to divide Russia & China 5:05 Summary of foreign policy of Trump's 1st term 8:31 Mike Waltz, National Security Advisor 12:49 Pete Hegseth, Defense Secretary 19:52 Neocolonialism in Latin America 23:00 Marco Rubio, Secretary of State 29:20 John Ratcliffe, CIA Director 32:07 Elise Stefanik, UN Ambassador 34:53 Outro
Thu, 14 Nov 2024 - 36min - 384 - How Trump's return will impact the world: Dollar, China, tariffs, Russia, Ukraine, Israel, Iran, etc
How will the return of Donald Trump as US president affect the world? What will his foreign policy and economic strategy be? Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=EJQKIwe2BYo Topics 0:00 Intro 0:33 Summary of Trump's foreign policy 10:44 Neocons in Trump's cabinet 14:41 China 18:48 Tariffs & trade with China 24:47 US dollar & re-industrialization 29:39 Protectionism 37:01 Russia & Ukraine 42:23 Israel-Palestine 44:31 Iran 46:36 Middle East (West Asia): Yemen, Iraq, Syria 49:41 Latin America: Mexico, Venezuela, Cuba, Nicaragua, Bolivia 53:17 Africa 54:32 Europe 56:11 Japan & South Korea 57:53 Outro
Sun, 10 Nov 2024 - 58min - 383 - Why Donald Trump won the US election: Kamala Harris failed to provide an economic alternative
Donald Trump won the 2024 US presidential election in a landslide. Why did Kamala Harris lose so badly? Ben Norton explains the failure of the billionaire-funded Democratic Party to provide an economic alternative to the billionaire-funded Republicans' pseudo "populism", as working-class people suffer. VIDEO: https://www.youtube.com/watch?v=mSBi0m5xCJs Topics 0:00 Donald Trump wins 2024 presidential election 1:07 Who really is Kamala Harris? Does anyone know? 4:42 DNC strategy: sacrifice workers for moderate Republicans in suburbs 5:48 Harris campaigns with neoconservative Cheney family 6:56 Harris had no democratic mandate 7:42 Out-trumping Trump on immigration? Really? 8:04 Hillary Clinton 2.0 10:05 Low Democrat turnout 11:12 The status quo loses 12:34 Dems' extreme pro-Israel stance lost swing state voters 16:01 Rashida Tlaib & Ilhan Omar won; Harris lost 17:37 "Never Trump Republicans" barely exist 18:30 It's the economy, stupid 20:09 US GDP growth is not benefiting workers 21:39 Wealth inequality 22:32 Poverty & hunger increased under Biden-Harris 23:33 Trump scapegoats 24:09 (CLIP) Trump vows: "We are going to take other countries' jobs" 24:58 Trump's false promises 25:27 Deindustrialization 26:22 Immigration 28:40 Trump's tax cuts help rich elites, hurt workers 31:12 Billionaires Elon Musk & Stephen Schwarzman funded Trump 32:11 Inflation, debt, deficits 35:11 Tariffs 35:40 Conclusion
Thu, 07 Nov 2024 - 37min - 382 - Billionaire BlackRock CEO: 'Doesn't matter' who wins US election; Trump & Kamala benefit Wall Street
Billionaire BlackRock CEO Larry Fink said it “really doesn’t matter” who wins the US presidential election, because both Donald Trump and Kamala Harris will be good for Wall Street. Ben Norton shows how the United States is not a democracy but rather an oligarchy, in which big corporations buy politicians and lobbyists create policies. VIDEO: https://www.youtube.com/watch?v=chPfp01rsD0 Topics 0:00 US election season 0:42 BlackRock CEO: it “really doesn’t matter” who wins US elections 2:20 The "Big Three" Wall Street asset managers 3:06 S&P 500 and Nasdaq bubbles 4:35 Richest 10% of Americans own 93% of stocks 5:30 Princeton study: USA is oligarchy, not democracy 6:26 Billions spent buying US elections 7:54 Money buys seats in Congress (90% of the time) 8:50 Crypto industry funds Republicans & Democrats 10:51 Biden promised rich donors "nothing would fundamentally change" 11:59 Extreme wealth & income inequality in USA 15:12 US wages stagnated while productivity soared 15:42 Financialization of US economy 17:09 Inflation & cost of living crisis 18:43 House prices grow much faster than wages 20:48 Blackstone: the world's largest landlord 22:49 Private equity 24:03 Blackstone CEO Stephen Schwarzman funds Trump 24:28 Kamala Harris & Trump woo Wall Street 25:25 Trump tax cuts make rich much richer 27:19 BlackRock makes economic policy for Biden & Harris 28:10 USA is an oligarchy 29:41 Outro
Sun, 03 Nov 2024 - 29min - 381 - Rogue states: US & Israel oppose entire world in UN vote to end Cuba blockade
For the 32nd year, the entire world voted at the UN General Assembly to demand an end to the illegal US embargo against Cuba. The USA and Israel opposed the international community in a vote of 187 to 2. Ben Norton explains why the US empire has waged such a vicious economic war on Cuba for six decades. VIDEO: https://www.youtube.com/watch?v=NTX4zSfCQYM TOPICS 0:00 US economic war on Cuba 1:39 UN General Assembly vote against US blockade 2:06 Map of UN vote against US embargo of Cuba 3:25 Venezuela & Afghanistan lost UN voting rights due to US sanctions 5:15 Argentina's Milei fires foreign minister for voting with 97% of world 7:08 UN votes against US embargo in 2023 & 2022 8:41 Why the US empire wants to crush Cuba 10:29 Goal of US sanctions: "hunger, desperation, and overthrow" 13:39 Dedollarization & BRICS 15:40 Bipartisan barbarism: Biden continues Trump's war on Cuba 18:01 West votes against rest of world at UN 20:08 US imperialism is a global dictatorship 23:17 Outro
Thu, 31 Oct 2024 - 23min - 380 - How can BRICS de-dollarize the financial system?
BRICS plans to transform the international monetary and financial system, and discussed policies at the 2024 summit in Kazan, Russia. Can it successfully challenge the dominance of the US dollar? Political economist Radhika Desai is joined by Ben Norton and former central banker Kathleen Tyson, author of the book "Multicurrency Mercantilism". VIDEO: https://www.youtube.com/watch?v=X7ejfZdPboo This is part of the show Geopolitical Economy Hour. You can watch other episodes of the program here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP You can follow Kathleen on Twitter/X here: https://x.com/kathleen_tyson_ Topics 0:00 Highlight 1:24 Intro: 2024 BRICS summit in Kazan, Russia 7:33 Evaluating BRICS proposal to improve financial system 16:47 De-dollarizing trade vs capital markets 24:50 Can a global currency solve the Triffin dilemma? 29:10 Investment flows from poor to rich 30:44 Capital controls 37:16 Could Special Drawing Rights (SDRs) be a new global reserve currency? 42:17 Can a currency backed by a basket of commodities help settle trade imbalances? 48:38 Financial deregulation, Glass-Steagall, and China 53:21 HSBC splits between West and East 55:18 How can central banks de-dollarize reserves? 1:02:35 Controlling finance 1:09:01 What can China do with its huge surplus? 1:16:11 Outro
Tue, 29 Oct 2024 - 1h 17min - 379 - BRICS grows, adding 13 new 'partner countries' at historic summit in Russia
BRICS held a summit in Kazan, Russia in October 2024, where 13 new "partner nations" were accepted. This followed the 2023 meeting in Johannesburg, South Africa, where several members were invited to join. Ben Norton analyzes the historic events, and shows how the Global South is building a more multipolar world. BRICS MEMBERSHIP (9 members + 13 partner countries) - 5 original members are Brazil, Russia, India, China, and South Africa. - 4 new members officially admitted in January 2024 are Egypt, Ethiopia, Iran, and UAE. (Saudi Arabia has not accepted. Argentina rejected the offer.) - 13 "partner countries" are Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Nigeria, Thailand, Türkiye, Uganda, Uzbekistan, and Vietnam. VIDEO: https://www.youtube.com/watch?v=wUdlzmk73Ns Check out our related report - BRICS plans ‘multi-currency system’ to challenge US dollar dominance: https://geopoliticaleconomy.com/2024/10/19/brics-russia-multi-currency-system-us-dollar/ Topics 0:00 BRICS expands 1:55 BRICS: 1/3rd of global GDP, 40% of population, 30% of oil production 2:40 Compare BRICS & G7 3:44 Saudi Arabia has not accepted offer; Argentina rejected 5:17 Leaders at 2024 summit in Kazan, Russia 6:48 China & India resolve border dispute 10:06 Unipolar domination vs multipolarity 11:04 Xi Jinping's speech 12:23 Plans to transform international monetary & financial system 13:24 Bretton Woods, US dollar, IMF, World Bank 15:19 BRICS grain exchange (commodities exchange) 17:17 Bolivia condemns "Western unipolarity & tyranny of the dollar" 20:19 Kazan declaration summary 25:49 Israel, Palestine, Gaza, Lebanon 27:16 Syria & Iran 28:27 Opposing nuclear weapons & space arms race 29:20 Outro
Fri, 25 Oct 2024 - 29min - 378 - Elite US economist warns: dollar system is weakening as gold BRICS rise
The US dollar is gradually losing its dominance, and foreign central banks are buying fewer Treasury securities, instead holding more gold in their reserves, warns Mohamed El-Erian, a mainstream American economist. Ben Norton discusses how countries are seeking financial alternatives, especially Global South nations around BRICS. VIDEO: https://www.youtube.com/watch?v=KnMAit5MP-Y BRICS plans ‘multi-currency system’ to challenge US dollar dominance: Understanding Russia’s proposal - https://geopoliticaleconomy.com/2024/10/19/brics-russia-multi-currency-system-us-dollar/ Topics 0:00 Western media cope on de-dollarization 2:53 Renowned US economist warns de-dollarization is happening 4:55 Gold price rises despite inflation falling 7:18 BRICS seeks alternatives to US dollar dominance 9:04 Sanctions, reserves freezes, weaponization of US dollar system 11:23 Holding gold in reserves is not bringing back gold standard 13:08 Central banks buy lots of gold 14:40 West's economic war on Russia failed 15:34 US-Israel wars in Middle East (West Asia) 17:18 "Erosion" of US dollar hegemony 18:56 US government debt and Treasury market 24:39 USA now spends more on debt interest than military 25:09 China dumps US Treasury securities 25:59 Europe, Canada, Taiwan buy US Treasury bonds 27:57 Outro
Tue, 22 Oct 2024 - 28min - 377 - Goodbye, dollar dominance: BRICS plans 'multi-currency system' to transform global financial order
BRICS plans to challenge US dollar dominance and transform the international monetary and financial system by developing infrastructure for cross-border payments using local currencies. Russia made a detailed proposal for the October Kazan summit. Ben Norton analyzes the report, explaining how the US-dominated financial system benefits rich Western countries at the expense of the Global South -- which is why BRICS is pushing to change it. VIDEO: https://www.youtube.com/watch?v=3pHr5yzLEHA Topics 0:00 US dollar hegemony 3:57 BRICS plan to transform international monetary & financial system 10:39 What are BRICS' goals? 13:22 New International Economic Order (NIEO) & G77 15:32 Dedollarization 20:02 Summary of BRICS report on financial system 31:59 West controls IMF & World Bank 36:34 Global economy has changed, but financial system hasn't 42:07 How rich countries drain capital from poor ones 45:16 Challenging the US dollar monopoly 47:29 Correspondent banks & SWIFT system 51:10 Central bank reserves & US Treasury securities 55:50 Triffin's Dilemma 57:54 Sanctions & US freezing countries' assets 1:00:18 Proposals for new cross-border payment architecture 1:03:15 Blockchain, DLT, & CBDCs (mBridge & Project Dunbar) 1:10:01 BRICS Cross-Border Payment Initiative (BCBPI) & BRICS Clear Platform 1:15:54 Dedollarizing foreign exchange reserves 1:18:22 New Development Bank (NDB) & BRICS Digital Investment Asset 1:20:10 Overview of Russian proposal 1:21:58 Will there be a BRICS currency? SDR (Special Drawing Rights) is a start 1:30:59 Conclusion
Thu, 17 Oct 2024 - 1h 33min - 376 - Global South denounces genocide in Gaza: Nicaragua breaks relations with 'fascist' Israel
Countries across the Global South are denouncing Israel's Western-backed genocide in Gaza. Nicaragua's Sandinista government cut off diplomatic relations with Israel, condemning it as a "fascist" regime. Ben Norton discusses how Latin America is demonstrating solidarity with the Palestinian people, rebelling against the West's neocolonialism and imperialism. VIDEO: https://www.youtube.com/watch?v=EeB2uuiWe4s Topics 0:00 Nicaragua ends diplomatic relations with Israel 1:56 UN expert: Israel is committing genocide 2:28 Israeli minister wants to starve all 2 million Gazans 3:34 Top Israeli newspaper says Netanyahu regime is fascist 5:14 International Court of Justice (ICJ) genocide case 7:53 Latin America's exemplary solidarity with Palestine 10:17 Nicaraguan National Assembly condemns Israel's genocide 13:51 Similar anti-imperialist struggles in Global South 16:28 Sandinistas' long history of support for Palestinians 17:38 ICJ: US owes reparations to Nicaragua 18:58 The West's "rules-based order" is just imperialism 20:44 Outro
Sat, 12 Oct 2024 - 21min - 375 - US support for Israel's war crimes is bipartisan: Trump, Kamala Harris, Biden, JD Vance, Tim Walz
Israel enjoys bipartisan support from both the Democratic and Republican Parties in Washington, as it brutally bombs Gaza, invades Lebanon, and attacks Iran, Syria, and Yemen. Ben Norton shows how Donald Trump, Kamala Harris, Joe Biden, JD Vance, Tim Walz, and other US politicians facilitate Israel's war crimes, which are being investigated by the International Court of Justice. VIDEO: https://www.youtube.com/watch?v=rAHrPkRum-Q Topics 0:00 Intro 2:08 USA & Israel wage war across Middle East 4:02 Hague investigates Israel for g*noc1de 4:57 Biden admin sends Israel $18 billion in military aid 5:24 Israel bombs civilian areas in Gaza with US weapons 6:04 US State Department approves Israeli war crimes 6:51 Gaza death toll: 186,000+ 9:45 International Criminal Court 11:12 Israel's colonialist goals 15:46 Israel invades Lebanon with US support 17:40 Iran responds to Israeli attacks 18:47 (CLIP) Kamala Harris defends Israel 19:17 Harris says a whole lot of nothing on Israel 20:09 (CLIP) Kamala Harris' Israeli word salad 20:29 Text of Harris' Israeli word salad 21:16 Joe Biden's support for Israel 21:50 (CLIP) Biden: If Israel didn't exist, US would create it 22:15 Biden threatens Iran's oil facilities 22:56 (CLIP) Trump calls to bomb Iran's nuclear facilities 23:48 Trump's anti-Palestinian bigotry 24:46 (CLIP) Trump calls Biden "Palestinian" as an insult 25:04 Harris-Trump debate 26:02 (CLIP) Kamala Harris vows to protect Israel 26:16 Harris' private meeting with Netanyahu 27:35 (CLIP) Trump claims Harris "hates" Israel 28:14 Biden-Harris administration arms Israel 28:40 Trump speech at Israeli American Council 29:00 (CLIP) Trump says Israel would not survive 2 years under Harris 29:41 (CLIP) Trump says he is candidate of "Western civilization" 30:07 (CLIP) Trump vows to deport people who oppose Israel 30:51 (CLIP) Trump attacks UN Human Rights Council & ICC 31:06 Trump boasts of his pro-Israel record 32:18 (CLIP) Trump: "I was the best friend Israel ever had" 32:47 Bipartisan support for Israel in US presidential election 33:34 Vice presidential debate: JD Vance & Tim Walz 34:40 (CLIP) Tim Walz vows to defend Israel 35:30 Israel must expand, insists Walz 36:03 JD Vance backs Israel 36:25 (CLIP) JD Vance supports anything Israel does 36:39 Did the Democrats "give" Iran $100 billion? 39:09 US war on Iran 41:00 (CLIP) Tim Walz sabre-rattles against Iran 41:41 Conflict started in 1948, not October 7, 2023 45:08 (CLIP) JD Vance: World should "fear" US 45:35 Bipartisan US imperialism 47:52 Outro
Wed, 09 Oct 2024 - 48min - 374 - US & Israel wage war across Middle East, attacking Iran, Lebanon, Gaza, Syria, Yemen
The United States and Israel are waging war across West Asia (the Middle East), attacking Iran, Lebanon, Gaza, Syria, Yemen -- all at once. Ben Norton analyzes the imperialist interests driving the violent chaos in the region. VIDEO: https://www.youtube.com/watch?v=iO1UHJUCSCI You can find a back-up of our videos at https://rumble.com/GeopoliticalEconomy Subscribe to our newsletter at https://geopoliticaleconomy.substack.com Topics 0:00 Intro 0:42 Censorship & channel back-ups 2:08 Iran responds to Israel's attacks 4:01 USA claims Iran's counter-strike was "ineffective" 4:57 Contradictory US narratives on Iran & Israel 6:22 Western media propaganda 7:12 Israel's disproportionate attacks on Lebanon 8:07 History of Israel's invasions of Lebanon 10:10 US military sends more troops to Middle East 11:00 Pentagon supports Israel 12:26 USA & Israel plan attack on Iran's oil facilities 13:54 Oil price rises (weeks before elections) 15:37 Israel: US empire's unsinkable aircraft carrier 15:54 (Clip) Biden: If Israel didn't exist, US would create it 16:19 USA encourages Israel to expand wars 18:40 (Clip) US State Department opposes diplomacy with Hamas 19:16 US empire wants hegemony, not peace 21:25 CIA veterans say US should use Israel to attack Iran 23:11 US used Israel to arm right-wing dictatorships in Latin America 24:40 Israel: US empire's attack dog in West Asia 25:16 Israel kills PFLP leaders 26:32 Israel bombs Syria 27:22 Israel attacks near Russian military base 28:06 Israel bombs Yemen 28:54 US post-9/11 wars killed 4.5-4.7 MILLION people 29:39 Gulf monarchies call for neutrality, not backing USA 34:44 Outro
Fri, 04 Oct 2024 - 35min - 373 - NATO is desperate on Russia, and delusional on China
The Western powers in NATO are desperately delusional on Russia, and getting more so on China, argue political economists Radhika Desai and Michael Hudson. They are joined by scholar Glenn Diesen to discuss the war in Ukraine, disaster in Europe, and farewell speech by NATO Secretary General Jens Stoltenberg. VIDEO: https://www.youtube.com/watch?v=YkTAw4u5qN4 This is part of the show Geopolitical Economy Hour. You can watch other episodes of the program here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
Tue, 01 Oct 2024 - 1h 13min - 372 - Hezbollah leader Nasrallah defeated ISIS, protected Lebanon's Christians, fought Israeli colonialism
Israel has killed Hezbollah leader Hassan Nasrallah, who defended Lebanon's sovereignty, helped to defeat ISIS and Al-Qaeda, protected Christians, and fought against Israeli colonialism and military occupation. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=sxYAn-Ci4jE Topics 0:00 Israeli colonialism in Lebanon & Palestine 1:10 Diplomats walk out of UN to protest Netanyahu speech 1:35 Few countries claim Hezbollah is "terrorist" org 2:07 Hezbollah's political arm is in Lebanon's parliament 2:25 Lebanese Christian leaders mourn Nasrallah's death 3:38 "Terrorism" claims 4:24 Hezbollah's alliance with Christians 4:41 US/Israeli links to ISIS & Al-Qaeda 7:24 Nasrallah condemned Al-Qaeda, Bin Laden, 9/11 attacks 10:21 USA supported Osama Bin Laden in Afghanistan 11:38 Not anti-Semitic: distinguishing Zionism from Judaism 12:57 Zionism: Western colonialism in Palestine 15:16 Hezbollah formed to fight Israeli occupation of Lebanon 16:29 Israel assassinates political leaders, but resistance continues 18:35 Outro
Sun, 29 Sep 2024 - 19min - 371 - Why is Israel attacking Lebanon? What is Hezbollah really? The colonial war explained
Israel is bombing Lebanon, with staunch US support. An Israeli minister vowed that "Lebanon will be annihilated". Ben Norton analyzes the colonial war, explains the origins of Hezbollah, and provides historical context. VIDEO: https://www.youtube.com/watch?v=IoyuwuXFG2c Topics 0:00 Israel is waging war on Lebanon 1:19 ICC accuses Israeli officials of crimes against humanity 2:41 USA facilitates Israel's crimes 4:16 Israeli education minister vows "Lebanon as we know it will not exist" 4:35 (Clip) Israeli minister: "Lebanon will be annihilated" 4:52 Israeli media calls for g*noc1de against Palestinians 5:27 Israeli minister boasts of new Nakba in Gaza 6:00 Israeli minister says Lebanon, Syria, Iraq are not sovereign states 8:34 Zionism & Israel: European colonialism in Palestine 10:22 (Clip) Netanyahu applauded in US Congress 10:43 Israel is the aggressor in Lebanon 11:56 Which countries call Hezbollah a "t3rr*rist" group? 13:44 Hezbollah's origins in Israeli occupation of Lebanon 16:29 Hezbollah's alliance with Christians & religious minorities 19:02 ISIS, Al-Qaeda, & Syria War 23:08 Israel, ISIS, & Al-Qaeda 26:02 Lebanon's sovereignty & territorial integrity 27:25 Outro
Wed, 25 Sep 2024 - 28min - 370 - Israel's pager attack in Lebanon will blow back: Western tech can't be trusted anymore
Israel killed many people in Lebanon by putting explosives in pagers and walkie-talkies, in what was condemned internationally as a terrorist attack. This is already backfiring, hurting Western technology companies. Ben Norton discusses how this act of war will fragment supply chains, as Global South markets no longer trust tech made by the US and its allies. China's manufactured goods will increasingly be seen as a safer alternative. VIDEO: https://www.youtube.com/watch?v=CGnVF55Eu0o Topics 0:00 Israel's pager attack in Lebanon 1:44 Ex CIA director admits it was terrorism 3:07 Russia blasts terrorism, China condemns Israel 3:58 Israel opened Pandora's box: global economy will fragment further 5:51 China gets more customers in Middle East / West Asia 6:44 China is largest trading partner of most countries 7:17 China is world's manufacturing superpower 9:52 How Israel made pagers into bombs (with Hungary & Taiwan links) 14:37 USA demonizes Chinese tech (Huawei) 15:45 US NSA spies on the entire world 18:39 Israel spies on other countries 20:56 USA fears Chinese role in supply chains 22:34 US role in Israeli plot 23:48 How US & Israel weaponize supply chains 29:28 Hezbollah 31:23 Outro
Tue, 24 Sep 2024 - 31min - 369 - US escalates new cold war on China: Congress passes 25 anti-Chinese laws in 1 week, funds propaganda
Cold War Two fervor is reaching fever pitch in Washington. In "China Week", the US House of Representatives approved 25 anti-Chinese laws, in bipartisan votes, including $1.6 billion in funding for anti-China propaganda worldwide. Ben Norton discusses how both the Republican and Democratic Parties are targeting China with information war, sanctions, tech restrictions, tariffs, even threats of military force. VIDEO: https://www.youtube.com/watch?v=Tix5L5qDaNw Sources and more information here: https://geopoliticaleconomy.com/2024/09/22/us-congress-25-anti-china-laws-week-fund-propaganda/ CIA director threatens China & Russia, says Ukraine war benefits US economy: https://www.youtube.com/watch?v=uDv4KsLXua8 How the US wages economic war on countries all around the world: https://www.youtube.com/watch?v=qYUq_9XlQs0 US Secretary of State Blinken announces China containment policy: https://geopoliticaleconomy.com/2022/05/28/cold-war-blinken-china-containment/ Topics 0:00 US Congress escalates Cold War II on China 1:53 US House approves $1.6 billion for anti-China propaganda 2:46 Goal of new cold war: do to China what West did to post-Soviet Russia 3:44 Congress funds war, not social programs for Americans 5:20 Media notes US politicians are preparing for war 6:28 (Clip) Biden lies about Iraqi "WMDs" 6:45 Containment strategy toward China 7:45 (Clip) Blinken: USA "will shape the strategic environment around Beijing" 8:29 The "rules-based international order" 10:05 (Clip) CIA teaches how to "lie, cheat, and steal" 10:22 Pompeo's anti-China speech 12:11 (Clip) Pompeo: US must (regime) "change" China 13:00 CIA says China is biggest "threat" 15:29 US Congress' (Anti) "China Week" 17:22 Funding anti-China disinformation 17:42 Hong Kong 18:34 Taiwan 20:10 "Pacific Partnership" (for war) 20:34 Japan and South Korea 20:55 Economic warfare and sanctions 24:40 Electric vehicles (EVs) 27:03 Drones 27:53 Batteries 28:39 Biotech 29:08 Telecommunications 30:37 Chinese currency (renminbi/yuan) 31:45 Agriculture/land 32:14 Media 32:37 Scientific research 32:59 Confucius Institutes 33:36 USA restricts interchange with Chinese 35:00 Preparing for war 35:49 Outro
Sun, 22 Sep 2024 - 36min - 368 - World demands end to Israel’s illegal occupation of Palestine, in landslide UN vote
The vast majority of the world voted at the UN General Assembly to demand an end to Israel's unlawful occupation of Palestinian territory within 12 months, with 124 countries (64%) in favor, 14 (7%) against, and 43 (22%) abstentions. Ben Norton analyzes the geopolitics of the vote, and how the US and most of the West is violating international law. VIDEO: https://www.youtube.com/watch?v=sK9dmK8p0n0 Sources and more information here: https://geopoliticaleconomy.com/2024/09/19/end-israel-occupation-palestine-un-vote/ Topics 0:00 Intro 0:21 Chart of countries' votes at UN 1:00 UN resolution demands end to Israel's occupation 2:22 Map & analysis of countries' votes at UN 6:49 International Court of Justice (ICJ) ruling 8:28 West's "rules-based order" threatens international law 12:41 USA blocks full UN membership for Palestine 14:45 Why USA supports Israel, its "unsinkable aircraft carrier" 15:55 (Clips) Biden: US would create Israel if it didn't exist 16:20 US empire opposes peace, in Gaza and worldwide 18:12 Outro
Thu, 19 Sep 2024 - 18min - 367 - Ukraine sits on trillions worth of minerals. US politicians want them.
Ukraine is "sitting on a trillion dollars worth of minerals that could be good to our economy", said US Senator Lindsey Graham as he stood next to Zelensky in Kiev. Ben Norton discusses how Western politicians and corporations want to exploit Ukrainian natural resources, to profit and to weaken the role of China and Russia in critical supply chains. VIDEO: https://www.youtube.com/watch?v=_XuJLV2kfcc Sources and more information here: https://geopoliticaleconomy.com/2024/09/16/senator-lindsey-graham-ukraine-trillion-minerals/ Zelensky is literally selling Ukraine to US corporations on Wall Street: https://geopoliticaleconomy.com/2022/09/09/zelensky-selling-ukraine-wall-street/ West prepares to plunder post-war Ukraine with neoliberal shock therapy: https://geopoliticaleconomy.com/2022/07/28/west-neoliberal-recovery-conference/ Topics 0:00 US Senator Lindsey Graham wants Ukraine's minerals 4:19 Ukraine has tens of trillions of dollars worth of natural resources 5:34 China and critical minerals supply chain 7:10 USA wants Ukraine to replace China in minerals supply chain 8:03 Wall Street is buying up Ukraine 9:13 (Clip) Zelensky's love letter to Western corporations 10:58 NATO fights Russia to the last Ukrainian 11:46 Study: foreign intervention is 100 times more likely in country with oil 14:22 Geopolitics of NATO proxy war on Russia in Ukraine 17:58 Afghanistan's resources and $1 trillion of minerals 24:31 Outro
Tue, 17 Sep 2024 - 25min - 366 - Trump's threat to punish countries that drop US dollar will speed up de-dollarization
Donald Trump has threatened that, if he comes back as US president, he will impose 100% tariffs on countries that drop the dollar, trying to cut off their trade. Ben Norton discusses how this will accelerate the global dedollarization movement, incentivizing more nations to join China, Russia, and BRICS in seeking financial alternatives. VIDEO: https://www.youtube.com/watch?v=4sYacRjSND4 Check out our related video "De-dollarization: China drops US Treasury bonds, instead buys gold, oil, metals": https://www.youtube.com/watch?v=z-bnIrbZjaM Topics 0:00 (Clip) Trump threatens countries that drop US dollar 0:49 De-dollarization 2:06 (Clip) Trump pledges tariffs on nations that de-dollarize 2:24 Dollar system is not a "public good" 3:03 BRICS 3:49 BRICS Bank (New Development Bank) 4:33 Brazil's Lula calls to drop US dollar 5:10 China & Brazil de-dollarize trade 5:35 China & Russia de-dollarize trade 6:01 Russia & Iran de-dollarize trade 6:10 Southeast Asia (ASEAN) de-dollarizes 7:05 (Clip) Trump: "I would not allow countries to go off the dollar" 7:37 Trump's plans to punish independent countries 8:22 Dollar system and US imperial decline 10:00 China is biggest trading partner of most countries 11:11 BRICS GDP (PPP) is bigger than G7 12:27 Largest economies on Earth (Rise of Global South) 14:01 US imperialism is in crisis 16:27 China's share of global trade 16:40 China de-dollarizes its trade 20:10 China buys oil & gas in yuan/renminbi 21:56 De-dollarization of trade vs savings (investment & reserves) 22:40 China dumps US Treasury securities 25:11 China's central bank buys gold 25:56 JP Morgan report on dedollarization 27:07 Multipolar financial world 29:01 Outro
Sat, 14 Sep 2024 - 29min - 365 - CBDCs vs Wall Street?
What are central bank digital currencies (CBDCs), and why are banks on Wall Street lobbying against them? Could they be an alternative for average people, or would they create even more problems than they solve? Political economist Radhika Desai is joined by legal scholar Robert C. Hockett to discuss CBDCs, central banks, the Federal Reserve, and the banking system. This is part of Radhika's show Geopolitical Economy Hour. You can watch other episodes of the program here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
Wed, 11 Sep 2024 - 1h 03min - 364 - Western 'democracy'?: France's Macron steals election, arrests Telegram CEO
The same week France arrested Telegram CEO Pavel Durov, the "President of the Rich" Emmanuel Macron stole the 2024 election, refusing to allow the left-wing New Popular Front that won to form a new government, instead appointing a new prime minister from a right-wing party that got 6% of the vote. Ben Norton discusses how Western "democracies" are actually oligarchies. VIDEO: https://www.youtube.com/watch?v=jbx43-U1h1o Topics 0:00 Western "democracy" is oligarchy 3:39 Emmanuel Macron: the "president of the rich" 6:11 Inequality in France 8:27 French billionaire oligarchs 12:48 France's 2024 election results 14:10 Macron appoints election loser Michel Barnier as PM 15:28 Leftist leader Mélenchon accuses Macron of electoral theft 17:04 52% of French want to impeach Macron 17:28 Western leaders praise undemocratic PM Michel Barnier 19:51 How Macron stole the election he lost 23:07 France is not a democracy 24:20 Arrest of Telegram CEO Pavel Durov 25:57 US government wanted Telegram backdoor for spying 27:09 Russia, West, and Pavel Durov 28:18 Telegram and Belarus color revolution attempt 30:16 Western media's former love affair with Durov 31:19 West turns on Durov 33:45 Outro
Sat, 07 Sep 2024 - 34min - 363 - Israel's war on Gaza is only possible due to US support and weapons
A top Israeli military official admitted the war on Gaza is only possible thanks to US support and arms supplies. Ben Norton explains how Israel is an outpost of the US empire in a key geostrategic region. As Joe Biden said, "Were there not an Israel, the United States of America would have to invent an Israel to protect her interest in the region". VIDEO: https://www.youtube.com/watch?v=_UWewzp7lcE Sources and more information here: https://geopoliticaleconomy.com/2024/09/04/israel-war-gaza-possible-us-support/ Why does the US support Israel? A geopolitical analysis with economist Michael Hudson: https://geopoliticaleconomy.com/2023/11/12/why-us-support-israel-geopolitics-michael-hudson/
Wed, 04 Sep 2024 - 19min - 362 - Can the US Federal Reserve really control inflation?
Can the US central bank, the Federal Reserve, really stop inflation? Or is it more committed to inflating asset price bubbles for the rich? Political economists Radhika Desai and Michael Hudson discuss the Fed's monetary policy, and its implications for average working people. VIDEO: https://www.youtube.com/watch?v=uAtx2vDJkM8 You can read the transcript here: https://geopoliticaleconomy.com/2024/08/31/fed-inflation-radhika-desai-michael-hudson/ This is part of the show Geopolitical Economy Hour. You can watch other episodes of the program here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
Sat, 31 Aug 2024 - 48min - 361 - How the US wages economic war on countries all around the world
The United States government has imposed sanctions on more than one-third of countries on Earth, including over 60% of poor countries. Ben Norton documents how Washington's economic warfare is deadly in nations like Venezuela, Cuba, Iraq, Iran, and Syria. It is also fragmenting the global financial system, as China and Russia create alternatives. VIDEO: https://www.youtube.com/watch?v=qYUq_9XlQs0 Topics 0:00 USA has sanctions on 1/3rd of world 1:44 "Targeted" sanctions are a myth 3:16 Washington Post admits US is waging economic warfare worldwide 8:56 100,000+ Venezuelans died from US sanctions 10:50 Goal of US sanctions: "hunger, desperation and overthrow of government" 13:39 US government compares itself to Darth Vader 14:46 OFAC director sings, "Every little thing we do is sanctions" 16:05 Hundreds of thousands of Iraqis died from US-led Western sanctions 20:32 (CLIP) Madeleine Albright on Iraq mass deaths: "the price is worth it" 21:08 60% of poor countries face US sanctions 22:01 US dollar dictatorship and financial hegemony 24:13 Donald Trump's war on Venezuela 25:16 "Sanction everybody and their sister" 25:54 Boomerang of US sanctions: China, Russia, BRICS create alternatives 30:08 Russia re-industrializes, its economy grows rapidly 34:10 Too big to sanction - Is this the limit? 37:01 Outro
Wed, 28 Aug 2024 - 37min - 360 - On Ukraine war, Europe is totally out of touch with its people, poll shows
While EU leaders push to escalate the proxy war on Russia, and Ukraine invades Kursk region, polls show many Europeans want peace talks for a negotiated settlement, and oppose sending more weapons. Ben Norton looks at the evidence. VIDEO: https://www.youtube.com/watch?v=fTVawAEUoDQ Topics 0:00 Intro 0:30 Ukraine is desperate 1:37 Ukraine invades Russia's Kursk region 4:11 People in US & EU want negotiated settlement 6:19 Most likely outcome of Ukraine war: compromise settlement 7:42 What should Europe do in Ukraine war? Peace deal 8:58 Europeans' view of Ukraine war, by country 10:00 Should Europe send arms & ammo to Ukraine? 11:18 Ukraine losing war would be "end of Western hegemony" 12:34 Outro
Fri, 23 Aug 2024 - 12min - 359 - How US Big Tech monopolies colonized the world: Welcome to neo-feudalism
US Big Tech corporations are like the feudal landlords of Medieval Europe. These Silicon Valley monopolies own the digital land that the global economy is built on, and are charging higher and higher rents to use their privatized infrastructure. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=Qf1wQ9QeaKM Sources and more information here: https://geopoliticaleconomy.com/2024/08/19/us-big-tech-monopolies-neo-feudalism/ Topics 0:00 Neo-feudalism 1:36 Amazon's monopoly 3:57 Google's monopoly 4:54 Amazon takes 50% of sellers' revenue 6:30 How Amazon sets prices: the Buy Box 9:01 Technofeudalism, by Yanis Varoufakis 9:42 Cloud infrastructure 10:44 New cold war on China 11:35 China: only alternative to US Big Tech monopolies 14:55 Chinese socialism 19:33 Monopoly capitalism & imperialism 21:51 Feudalism & capitalism 23:54 Utilities 26:37 Privatized digital infrastructure 29:29 Uber & Silicon Valley's monopolistic business model 34:28 Apple wages war on Chinese competitors 35:37 Apple's outrageous 30% Patreon fee 39:44 Outro
Tue, 20 Aug 2024 - 39min - 358 - Exposing US gov't role in Bangladesh regime change: Why PM Sheikh Hasina was overthrown
The US government supported protests that overthrew Bangladesh's Prime Minister Sheikh Hasina. New interim leader Muhammad Yunus has been cultivated by Washington for decades. Ben Norton discusses the geopolitical reasons for the regime change; the roles of India, China, and Russia; and the Pentagon's desire to build a strategic military base on Saint Martin's Island. VIDEO: https://www.youtube.com/watch?v=irlrT3zvsqQ Topics 0:00 Interim leader Muhammad Yunus: Made in USA 5:09 Overthrow of Sheikh Hasina 7:44 US military base on St. Martin's Island? 8:57 Myanmar 10:33 China's reliance on Strait of Malacca for oil imports 13:34 Bangladesh-China relations 14:47 BRICS 15:36 US pressure to join Quad 17:47 Russia warned of color revolution in Bangladesh 19:06 Arab Spring 19:58 Was Hasina's undelivered resignation speech fabricated? 22:26 Hasina: "White man" demanded military base in Bay of Bengal 23:58 Hasina: USA "can overthrow the government in any country" 25:36 US-backed 1975 coup against Sheikh Mujib 28:33 US-backed 2022 coup against Pakistan PM Imran Khan 31:00 US support for protests in Bangladesh 31:22 NED funding for Bangladeshi opposition 31:41 NED funding of opposition media outlet Netra News 34:13 Historical context: Partition, India, Pakistan, 1971 liberation war 38:40 Reasons for protests 41:13 US-backed color revolutions 46:21 US State Department pressure on Bangladesh 47:36 Bangladesh Nationalist Party (BNP), Jamaat-e-Islami, & extremism 54:12 Outro
Sat, 17 Aug 2024 - 54min - 357 - USA lets athletes cheat with steroids, as it accuses Russia & China of violating anti-doping rules
According to the World Anti-Doping Agency (WADA), the US has allowed athletes in international competitions, including the Olympics, to use prohibited drugs, recruiting them as informants to spy on others. Ben Norton discusses the geopolitics of sports and the blatant hypocrisy of the US agency USADA, which constantly criticizes Russia and China. VIDEO: https://www.youtube.com/watch?v=oOHR37Pd6PU Sources and links here: https://geopoliticaleconomy.com/2024/08/10/usa-athletes-cheat-steroids-russia-china-doping/ Topics 0:00 US doping scandal exposed 1:05 Hypocrisy on Russia's ban 1:20 Chinese athletes harassed at Olympics 2:09 US accusations of corruption 2:46 Will US host 2028 Olympics? 3:26 US government funds USADA 3:59 WADA exposes US doping scandal 8:46 WADA is investigating US 10:14 US new cold war on China 11:20 China says US athletes are under-tested 11:49 US Congress threatens WADA 12:16 The "rules-based international order" 12:51 Russia banned over Ukraine War 14:07 US not banned over wars on Iraq et al. 15:52 Israel not banned despite crimes in Gaza 17:22 West makes rules in "rules-based order" 17:58 International Olympic Committee (IOC) dominated by West 20:38 Imperialism 22:06 Outro
Fri, 16 Aug 2024 - 22min - 356 - As stock market crashes, is US facing new financial crisis? Economist Michael Hudson explains
The stock market crashed on August 5, in a new "Black Monday". What caused it? Is the USA on the verge of a new financial crisis? Ben Norton is joined by economist Michael Hudson to discuss the extreme volatility, AI / Big Tech bubble, Japanese yen carry trade unwind, Chinese economy, and geopolitical dangers. VIDEO: https://www.youtube.com/watch?v=stgBVvz5RIM Check out Geopolitical Economy Hour, the program Michael Hudson hosts with Radhika Desai, here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP His website: https://michael-hudson.com Topics 0:00 Teaser 0:54 Why did the stock market crash? 8:19 Is the US economy entering a recession? 12:36 Japan and the yen carry trade unwind 27:14 China's economy 32:41 Popping of the AI / Big Tech bubble? 46:05 Geopolitics: Russia, Ukraine, Israel, Iran 54:19 Re-inflating the bubble? 1:03:51 Can't the debt be rolled over? 1:07:27 Asset price inflation vs consumer price inflation 1:11:29 Capital gains grow faster than the economy 1:13:12 What is missing from most economic analysis? 1:26:05 Outro
Wed, 07 Aug 2024 - 1h 26min - 355 - Debt is political: Why wealth flows from poor to rich
How does the structure of the international financial system cause a drain of wealth from the poor to the rich? Political economists Radhika Desai and Michael Hudson discuss the politics of debt. VIDEO (with the charts): https://www.youtube.com/watch?v=9Bu9dHGRpmE Read the transcript (with the charts) here: https://geopoliticaleconomy.com/debt-politics-wealth-flow-poor-rich This is part of the show Geopolitical Economy Hour. You can watch other episodes of the program here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
Mon, 05 Aug 2024 - 1h 11min - 354 - Deja vu: USA tries to impose new puppet government in Venezuela
As part of a new coup attempt in Venezuela, the US has recognized opposition leader Edmundo González as supposed president, after Trump tried to impose puppet Juan Guaidó in 2019. The State Department cited only US government-funded sources to accuse President Maduro of "electoral fraud". Ben Norton shows how misleading - and hypocritical - Washington's claims are. VIDEO: https://www.youtube.com/watch?v=1KCDj-alHbg USA backs another coup attempt in Venezuela - with Elon Musk's help: https://www.youtube.com/watch?v=NglJ4J2rMEA Why is USA obsessed with overthrowing Venezuela? Is it oil, China, Russia, socialism, multipolarity?: https://www.youtube.com/watch?v=q_ViMqMXGGs US gov’t-linked firm is source of exit poll claiming Venezuelan opposition won election: https://geopoliticaleconomy.com/2024/07/29/us-government-edison-poll-venezuela-election/ Topics 0:00 US recognizes Venezuelan opposition leader as "president" 1:53 Hypocrisy: US supports dictatorships, wars, coups against democracies 3:39 Why Washington hates Venezuela 4:48 2002 US-backed coup in Venezuela 6:57 Latin America is divided on Venezuela 9:18 OAS: tool of US meddling 10:33 Mexico condemns OAS "interventionism" 12:34 China, Russia, Iran support Venezuela 13:08 Peru's dictatorship backs Venezuelan opposition 14:00 Oligarchs like Elon Musk 14:44 USAID operative hints at invasion 16:14 Fake news 17:28 Mercenary Erik Prince threatens Maduro 19:29 State Dep't cites US gov't-funded groups to allege "fraud" 19:59 Carter Center: funded by US, UK, EU, Gulf monarchies 23:39 Exit polls 25:36 CIA-linked firm's shady polling 28:58 María Corina Machado: US government-backed fanatic 29:51 Geopolitical changes: Multipolarity vs unipolarity 31:59 Possible US military intervention? 33:28 Outro
Sat, 03 Aug 2024 - 33min - 353 - USA backs another coup attempt in Venezuela - with Elon Musk's help
The USA and its allies in Latin America have refused to recognize the results of Venezuela's elections, as far-right opposition extremists try to overthrow President Nicolás Maduro, with the help of billionaire oligarch Elon Musk. Ben Norton documents the many US-backed coups since Venezuelan leader Hugo Chávez came to power and launched the Bolivarian Revolution. VIDEO: https://www.youtube.com/watch?v=NglJ4J2rMEA Our investigation: "US gov’t-linked firm is source of exit poll claiming Venezuelan opposition won election" - https://geopoliticaleconomy.com/2024/07/29/us-government-edison-poll-venezuela-election/ Check out our related video: "Why is USA obsessed with overthrowing Venezuela?" - https://www.youtube.com/watch?v=q_ViMqMXGGs Topics 0:00 US supports coup attempt in Venezuela 1:41 Elon Musk: "We will coup whoever we want!" 3:35 Electoral "fraud" allegations 5:52 Observers say vote was fair 8:05 Argentina's leader Javier Milei 9:06 CIA & Israeli Mossad 9:50 Venezuelan opposition loves Israel 10:38 Maduro supports Palestine 11:07 China, Russia, Iran 11:52 Why USA is obsessed with overthrowing Venezuela 12:57 Oil 13:36 CLIP Donald Trump wanted to "take over" Venezuela (and its oil) 14:07 CLIP John Bolton: US corporations want Venezuela's oil 15:18 CLIP Bolton boasts Venezuela coup attempt was "a lot of work" 15:49 From Juan Guaidó to María Corina Machado 17:55 US-backed coup in Venezuela in 2002 19:25 Venezuelan opposition's long history of crying "fraud" 19:48 Guarimbas 21:35 What "dictatorship"? 22:13 Obama declares Venezuela a "national security threat" 23:38 Economic war, sanctions, & embargo 30:15 Venezuela's oligarchy vs. working class 32:12 Inflation 33:08 Sanctions 35:39 West steals Venezuela's foreign assets 36:46 Failed CIA-backed invasion of Venezuela 37:36 No evidence for "fraud" claims 39:36 Outro
Wed, 31 Jul 2024 - 39min - 352 - Why is USA obsessed with overthrowing Venezuela? Is it oil, China, Russia, socialism, multipolarity?
Why has the US constantly tried to overthrow Venezuela's leftist government, backing coup attempts against Presidents Hugo Chávez and Nicolás Maduro? Ben Norton analyzes the role of Venezuela's large oil reserves and natural resources; socialist system; anti-imperialist foreign policy; partnership with China, Russia, and Iran; and key role in building a multipolar world. VIDEO: https://www.youtube.com/watch?v=q_ViMqMXGGs Topics 0:00 Intro 0:14 Oil 1:58 Venezuela's Bolivarian Revolution 5:45 Multipolarity 9:49 China 14:09 US sanctions 17:28 Russia & Iran 18:22 Washington says China is biggest threat to US hegemony 19:31 US coups & regime change 20:44 US economic blockade 23:18 BRICS 24:24 De-dollarization 26:29 Latin American regional integration 29:25 US-backed coup attempts 30:24 Natural resources 31:52 Monroe Doctrine: US neocolonialism in Latin America 33:09 Venezuela's key role in challenging US imperialism
Sat, 27 Jul 2024 - 34min - 351 - China & Russia help Global South develop & resist Western imperialism: Nicaragua explains
While the US and Europe have invaded and colonized countries around the world, China and Russia have helped the Global South develop and resist Western imperialism, argues Nicaragua's President Daniel Ortega, leader of the Sandinista Revolution. Ben Norton reports. VIDEO: https://www.youtube.com/watch?v=W8waJIQTKD4
Fri, 26 Jul 2024 - 26min - 350 - Nicaragua condemns Israel, says USA should disappear if Palestine can't have a state
Nicaragua's President Daniel Ortega blasted Western support for Israel in its war on Gaza and asked, if a state of Palestine is not allowed to exist, why should the US be allowed to exist? He was joined at the 45th anniversary of the Sandinista Revolution by Palestinian ex guerrilla Leila Khaled, who denounced imperialism and neocolonialism. Ben Norton reports. VIDEO: https://www.youtube.com/watch?v=je1wKlRUyFg Read our related article - US legally owes Nicaragua reparations, but still refuses to honor 1986 Int’l Court of Justice ruling: https://geopoliticaleconomy.com/2023/06/28/us-owes-nicaragua-reparations-1986-icj/
Mon, 22 Jul 2024 - 21min - 349 - EU admits it has hypocritical 'double standards' on Israel, Ukraine, Iraq, climate change
European Union foreign-policy chief Josep Borrell admitted the West has hypocritical "double standards" on international law, the Russia-Ukraine-NATO war, Israel's brutal bombing of Gaza, the US-led invasion of Iraq, and climate change. Ben Norton analyzes the revealing comments of the top EU diplomat. VIDEO: https://www.youtube.com/watch?v=iQuUbBf6snA Sources and links here: https://geopoliticaleconomy.com/2024/07/18/eu-borrell-hypocrisy-double-standards-israel-ukraine-iraq/ EU confesses ‘our prosperity was based on China & Russia’: cheap energy, low-paid labor, big market: https://geopoliticaleconomy.com/2022/10/18/eu-prosperity-china-russia-energy-market/ ‘Western dominance has ended’, EU foreign-policy chief admits, warning of ‘West against the Rest’ geopolitics: https://geopoliticaleconomy.com/2024/02/26/western-dominance-ended-eu-josep-borrell/ Topics 0:00 Intro 1:56 (Clip) EU foreign policy chief on West's "double standards" 4:25 (Clip) West values lives of Ukrainians more than Palestinians 5:06 (Clip) Hypocrisy on Israel's violations of UN resolutions 6:19 Historical carbon emissions by region 7:17 (Clip) Western hypocrisy on climate change 8:46 Who is Josep Borrell? 10:02 (Clip) West is prolonging Ukraine war 10:42 "Western dominance has ended" 11:55 (Clip) USA has lost its hegemony 12:11 China's economic rise 12:54 (Clip) China challenges Western dominance 14:21 Multipolarity 15:01 (Clip) "The world is much more multipolar" 15:54 "Democracy vs autocracy"? 16:33 (Clip) "On our side, there are a lot of authoritarian regimes" 17:00 How West relied on China & Russia 17:40 (Clip) "Our prosperity was based on China & Russia" 19:15 Borrell's racist "garden vs jungle" rant 21:30 (Clip) European exceptionalism 22:11 Outro
Thu, 18 Jul 2024 - 23min - 348 - Donald Trump is NOT a 'threat to the deep state'. Here is his warmongering record.
Following a shooting at a rally in Pennsylvania, Donald Trump's supporters have portrayed him as a so-called "threat to the US deep state". But in reality, Trump was a warmonger as president, and appointed top CIA officials and neoconservatives to run his foreign policy. Ben Norton reviews Trump's support for Israel and Ukraine and his aggressive policies against China, Russia, Palestine, Iran, Iraq, Syria, Afghanistan, Yemen, Bolivia, Venezuela, Nicaragua, and Cuba. VIDEO: https://www.youtube.com/watch?v=5wwm4OiYY5M Topics 0:00 (Clips) Trump on Syria, Venezuela, Ukraine 0:32 US politics & bipartisan war crimes 3:29 Alleged assassination attempt against Trump 7:13 Trump's warmongering foreign policy: a summary 11:35 Israel - Palestine 16:56 Trump proposed bombing Russia & China 17:27 Russiagate 18:01 Trump tore up 2 arms treaties with Russia 18:55 Ukraine 20:33 (Clip) Trump boasts of arming Ukraine 20:56 Trump vs Obama on Ukraine weapons 23:02 NATO 24:24 "We're at war with China" 26:24 Trade war & new cold war on China 28:44 Democrats vs Republicans on Russia & China 29:48 Iran nuclear deal (JCPOA) 30:44 Assassination of Qasem Soleimani 31:20 Trump's war on Iraq 32:48 US hypocrisy on "political violence" 34:31 Syria 35:00 (Clip) Trump brags of taking Syria's oil 35:27 Afghanistan war & minerals 37:06 Trump wanted to take oil from Libya & Iraq too 38:15 Yemen 39:24 Trump plans to attack Mexico 41:06 Bolivia coup 41:54 Elon Musk & Bolivia's lithium 43:24 Venezuela 44:06 (Clip) Trump on "taking over" Venezuela 44:18 Venezuela coup attempt 46:00 Nicaragua coup attempt 46:37 Elliott Abrams 47:53 Cuba blockade & sanctions 50:09 Tax cuts for the rich 51:54 Billionaires for fellow billionaire Trump 53:16 Outro
Tue, 16 Jul 2024 - 53min - 347 - NATO vs Western voters and the Global Majority
In response to the NATO summit in Washington, political economists Radhika Desai and Michael Hudson discuss how Western governments are losing elections and ignoring their own people in order to expand the proxy war against Russia in Ukraine and beyond, while seeking to impose control over the majority of humanity in the Global South. Read the transcript here: https://geopoliticaleconomy.com/2024/07/12/nato-west-war-democracy-global-south VIDEO: https://www.youtube.com/watch?v=pXIYInJUYp8 This is part of the show Geopolitical Economy Hour. You can watch other episodes of the program here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
Fri, 12 Jul 2024 - 1h 02min - 346 - Britain is not a democracy: How UK elites installed PM Keir Starmer by destroying Jeremy Corbyn
The UK's new Prime Minister Keir Starmer is a pro-war, neoliberal Blairite who is closely linked to British intelligence and the US government. He was backed by big business interests after the corporate media destroyed popular left-wing, anti-imperialist Labour Party leader Jeremy Corbyn. Ben Norton discusses how Britain is an oligarchy, not a democracy. VIDEO: https://www.youtube.com/watch?v=hq7YDNrYsV8 Topics 0:00 UK PM Keir Starmer is Tony Blair 2.0 3:26 Biden & Starmer discuss new cold war on Russia & China 5:00 Keir Starmer's shady US government ties 7:13 CIA-linked Trilateral Commission 11:09 Neoliberalism: a class war 13:13 The coup against Jeremy Corbyn 19:12 Outro
Wed, 10 Jul 2024 - 19min - 345 - How big corporations took over Western governments
How did Western governments get to the point where major decisions are made by and for large corporate monopolies? Ben Norton is joined by political economist Radhika Desai to discuss neoliberalism and the myth of the free market. VIDEO: https://www.youtube.com/watch?v=tczNLhfdQ7A This is based on chapter 6 of Radhika's book "Capitalism, Coronavirus and War". You can download it for free here: https://geopoliticaleconomy.com/2023/02/17/capitalism-coronavirus-war-geopolitical-economy-radhika-desai/ Check out other episodes in the series here: https://www.youtube.com/playlist?list=PLDAi0NdlN8hNZoKp0XsLFwSxxlMQu6ye8
Sun, 07 Jul 2024 - 1h 07min - 344 - How can China be socialist if it has a stock market? Understanding the Chinese economy
China describes its system as a "socialist market economy". How does that work? What is the role of its stock exchanges? Ben Norton explains Socialism with Chinese Characteristics. VIDEO: https://www.youtube.com/watch?v=M4__IBd_sGE Topics 0:00 Intro 1:11 Deng Xiaoping & China's "Reform & Opening Up" 4:06 Socialism with Chinese Characteristics 5:17 China's economic growth & poverty reduction 7:42 How state-owned enterprises (SOEs) run China's economy 10:09 Chen Yun & the "birdcage economy" 11:39 SOE share of China's GDP 13:37 China's largest companies are SOEs 14:53 Socialist market economy 16:02 "Grasp the large, let go of the small" 17:42 "Managed competition" in China 19:50 Billionaires in China 20:43 China's stock markets 27:17 (Clip) Western financial analyst says China rejected Washington Consensus 30:43 (Clip) Bloomberg complains "China doesn't care about the stock market" 32:10 Differences between US & Chinese economies 33:33 (Clip) Investor explains China's stock market is not priority for government 36:56 China's economic policy is made for workers, not investors 45:55 US financialized capitalism vs. Chinese socialism 46:33 US stock market is 60.5% of entire world 47:13 Richest 10% of Americans own 93% of stocks 47:52 Global oligarchs hold wealth in US stock market 48:31 China's pursuit of "common prosperity" 51:49 Outro
Wed, 03 Jul 2024 - 52min - 343 - BlackRock & Wall Street banks are profiting from Israel's crimes in Gaza, UN says
Top UN human rights experts called on Western weapons corporations to stop sending arms to Israel, saying they could be complicit in war crimes. Asset managers like BlackRock and Wall Street banks are also profiting. Ben Norton looks at the evidence. VIDEO: https://www.youtube.com/watch?v=ur2xRJzbyJE Topics 0:00 Western complicity in Israel's war crimes in Gaza 1:07 Statement by UN human rights experts 1:26 Weapons corporations aiding Israel 2:41 US, Germany, Italy are arming Israel 3:09 Israel is violating Hague rulings 4:01 Financial companies profiting from Israel 5:10 BlackRock investments in Israel 6:53 Wall Street banks underwrite Israeli bonds 8:52 US states invest in Israeli bonds 10:55 Biden continues arming Israel (despite misleading media claims) 14:11 Outro
Sun, 30 Jun 2024 - 15min - 342 - Why so many Indians rejected PM Modi: 2024 election was a 'revolt of the farmers'
Economists Radhika Desai and Prabhat Patnaik analyze India's 2024 general election and why Prime Minister Narendra Modi's far-right Hindu-nationalist party BJP lost its majority. They discuss the state of the economy, rising unemployment and inequality, and Modi's neoliberal model. VIDEO: https://www.youtube.com/watch?v=z4xfHMkIPJ4 Transcript here: https://geopoliticaleconomy.com/2024/06/27/india-modi-2024-election-economy/ You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
Thu, 27 Jun 2024 - 56min - 341 - De-dollarization is growing: Even the US Federal Reserve (reluctantly) admits it
Countries around the world are seeking alternatives to the US dollar. IMF economists say de-dollarization is "broad-based". The Federal Reserve reluctantly admits that it is happening. Ben Norton analyzes the latest research. VIDEO: https://www.youtube.com/watch?v=c3Dsy7q1Miw Topics 0:00 Examples of de-dollarization around the world 3:11 IMF paper on decline of dollar dominance 6:39 Dedollarization is "broad based", IMF says 8:07 Western sanctions lead central banks to de-dollarize 8:56 Gold: Why central banks are buying it up 12:37 US Federal Reserve acknowledges dedollarization 13:18 (Clip) Fed governor on de-dollarization "challenges" 14:28 Fed governor's speech on de-dollarization 15:38 Bitcoin & crypto are NOT an alternative to the dollar 17:29 CBDCs: China-led mBridge system challenges dollar hegemony 18:58 Fed governor discusses de-dollarization examples 20:21 Fed paper on de-dollarization 24:22 Outro
Tue, 25 Jun 2024 - 25min - 340 - UN says Israel is committing crimes against humanity & 'extermination' in Gaza
The United Nations Human Rights Council published a report that concluded that Israel has committed war crimes and "the crimes against humanity of extermination" in Gaza. Ben Norton analyzes the statements of UN legal experts. VIDEO: https://www.youtube.com/watch?v=KCIEdThk2jc Topics 0:00 Intro 0:42 (Clip) UN expert: Israel is committing crimes against humanity 1:11 Quotes from UN report 2:25 Israeli army is "criminal", says UN expert 3:01 (Clip) UN expert: Israeli army is "criminal" 3:39 Israel is ethnically cleansing Palestinians with West's complicity 5:10 UN expert: Israel is committing g -- cide in Gaza 6:40 Israel ignores Hague rulings 8:09 (Clip) UN expert details Israeli crimes in Gaza 10:17 The problem with bothsidesism and false equivalence 12:15 Outro
Mon, 24 Jun 2024 - 12min - 339 - West's Ukraine summit failed: Global South rejected pro-war 'peace conference'
The vast majority of the world population, in the Global South, rebuked the West's pro-war so-called "Summit on Peace in Ukraine", which was held in Switzerland in June. Russia was not even invited. Ben Norton discusses NATO's hypocrisy and explains why only 78 countries (mostly in Europe) endorsed the "Bürgenstock declaration", while China and Brazil propose genuine peace talks. VIDEO: https://www.youtube.com/watch?v=WY4e2kKcuhk Topics 0:00 Intro 0:17 Map of countries 1:24 Western media admits conference failed 4:35 Zelensky claims China & Brazil aren't "civilized" 7:07 Joint statement & signatories 10:26 China proposes real peace plans 13:54 West is out of touch with rest of world 17:32 Colombia's president criticizes Swiss summit 20:13 Outro
Tue, 18 Jun 2024 - 22min - 338 - Neo-feudalism: G7 supports BlackRock buying up world's infrastructure, to make rich even richer
Western governments invited billionaire BlackRock CEO Larry Fink to the G7 summit in Italy to speak about "public-private partnerships" and why oligarchs should buy up global infrastructure (to compete with China's state-led Belt and Road Initiative). Ben Norton discusses how capitalism is becoming so extremely monopolized and unequal that it is devolving into neo-feudalism. (One correction: At 26:17, I meant to say "over 90%", well above 60%.) VIDEO: https://www.youtube.com/watch?v=88VU1JjmEps How Wall Street buys US elections: Blackstone funds Trump, BlackRock backs Biden: https://www.youtube.com/watch?v=ZJaJ4BST6Nc Topics 0:00 Global inequality 0:56 G7 summit in Italy 1:57 BlackRock CEO invited to G7 summit 2:32 What is BlackRock? 4:45 PGI: US' corporate alternative to China's Belt & Road 7:50 (Clip) BlackRock CEO Larry Fink speaks at G7 summit 8:44 Wall Street vulture funds 10:51 BlackRock buys up infrastructure 14:40 BlackRock buys Malaysia's airports 15:34 BlackRock veterans run Biden's Treasury 16:00 Blackstone CEO funds Trump campaign 17:53 Investment companies buy up houses 18:40 BlackRock runs world's largest Bitcoin fund 19:58 Privatization of infrastructure 23:34 WEF: "You'll own nothing. And you'll be happy" 25:56 Home ownership under socialism vs. capitalism 26:17 Correction: over 90%* (I misspoke) 26:21 Home ownership under socialism vs. capitalism 28:38 World Economic Forum 29:33 Return on capital exceeds economic growth 31:20 Outro
Sat, 15 Jun 2024 - 31min - 337 - US senator says Ukraine is 'gold mine' with $12 trillion of minerals West 'can't afford to lose'
Ukraine is a "gold mine" with $12 trillion worth of critical minerals, US Senator Lindsey Graham insisted in a TV interview. Ben Norton discusses how Western companies want these resources, and how Washington hopes to block China's access to them to hurt its technology industries. VIDEO: https://www.youtube.com/watch?v=3TRPk3N8FyQ Zelensky is literally selling Ukraine to US corporations on Wall Street: https://geopoliticaleconomy.com/2022/09/09/zelensky-selling-ukraine-wall-street/ Topics 0:00 Intro 1:35 Clip: US Senator Lindsey Graham wants Ukraine's minerals 2:24 Ukraine war has nothing to do with democracy 5:44 US also wants to 'weaken' Russia in Ukraine 6:21 Wall Street buys up Ukraine 8:08 Military-industrial complex profits 10:07 Washington Post on Ukraine's 'battle for minerals' 11:55 Russia 12:48 US seeks to block China's access to minerals 15:44 Multiple reasons for Ukraine war 17:10 Trump wanted to take Venezuela's oil 19:16 Exxon CEO ran US State Department 20:29 US plan to seize Russia's $300B in FX reserves 21:20 Clip: Lindsey Graham calls to seize Russia's reserves 21:43 Debate over Russia's central bank reserves 23:07 De-dollarization 24:38 Outro
Wed, 12 Jun 2024 - 25min - 336 - 94% of Americans want to end Ukraine war, but US rejects China peace deal, opposes talks with Russia
Polling shows that the vast majority of people in the US and Western Europe want a negotiated settlement to end the war in Ukraine, but NATO opposes a peace proposal made by China and Brazil, while refusing to invite Russia to a so-called "peace conference" in Switzerland. Ben Norton explains. VIDEO: https://youtube.com/watch?v=l5eQd1E_Huo Topics 0:00 Intro 1:30 Biden authorizes attacks inside Russia 2:12 France plans to send military forces to Ukraine 3:52 US discusses increased nuclear weapon deployments 4:57 Poll: most people in US & W Europe want peace 7:04 China & Brazil propose peace plan 9:38 West's "peace conference" didn't invite Russia 11:26 China wants peace in Ukraine 15:45 Nicaragua backs China-Brazil peace plan 16:05 Outro
Sat, 08 Jun 2024 - 17min - 335 - Mexico's political rebellion: Following AMLO, new President Claudia Sheinbaum paves multipolar path
In Mexico, a new independent left-wing movement has defeated the country's elites. Following current President AMLO, President-elect Claudia Sheinbaum and their Morena party won the 2024 election in a landslide. Ben Norton is joined by journalist José Luis Granados Ceja to discuss what their "Fourth Transformation" (4T) means for the US, China, Russia, Latin America, and the global economy. VIDEO: https://youtube.com/watch?v=M0k0WU7JKgM Check out Soberanía, the Mexican Politics Podcast: https://youtube.com/@SoberaniaPodcast Follow José Luis on Twitter: https://x.com/GranadosCeja Mexico Solidarity Media website: https://mexicosolidarity.com Our related video "Mexico's AMLO has 80% approval, despite media lies & US meddling": https://youtube.com/watch?v=-2PQPJUn6KU Topics 0:00 Claudia Sheinbaum wins election 1:36 Geopolitics: Mexico, US, China, Russia 3:19 AMLO boosts minimum wage, reduces poverty 3:45 Economy & natural resources 6:09 US corporations are angry 7:34 Introducing guest 8:18 Why Sheinbaum's victory is historic 13:01 AMLO & 4th Transformation 21:43 Morena & defeat of PRI-PAN-PRD establishment 32:38 Mexico's economy 44:24 Geopolitics: US new cold war on China & Russia 53:28 Latin American regional integration 1:01:02 Everyday life in Mexico 1:08:21 Outro
Wed, 05 Jun 2024 - 1h 10min - 334 - How Wall Street buys US elections: Blackstone funds Trump, BlackRock backs Biden
While BlackRock veterans run Joe Biden's Treasury, Donald Trump's presidential campaign is financed by Wall Street's highest-paid CEO, of Blackstone, the world's largest commercial landlord. Ben Norton explains how Wall Street investment companies, asset managers, and banks essentially buy US elections. VIDEO: https://youtube.com/watch?v=ZJaJ4BST6Nc Check out our related video - "How the dollar's 'exorbitant privilege' enriches the USA (and global elites)": https://youtube.com/watch?v=jYkiMcR1Rj8 TOPICS 0:00 Wall Street always wins US elections 0:57 Blackstone CEO funds Trump 2:58 BlackRock backs Biden 3:48 BlackRock vs Blackstone - What's the difference? 7:30 Wall Street's highest paid CEO, Stephen Schwarzman 10:15 Oil & gas industry moguls fund Trump 10:53 Fossil fuel profits tripled under Biden 13:15 Oligarchs back fellow billionaire Trump 15:14 Biden promised: "Nothing would fundamentally change" 15:54 10% of Americans own 93% of stocks & 67% of all wealth 17:23 USA is not a democracy; it's an oligarchy 18:43 Wall Street funded Barack Obama 19:20 Wall Street funded Mitt Romney 20:07 US government represents Wall Street 21:54 BlackRock veterans run Biden's Treasury 25:08 Goldman Sachs veterans ran Trump's Treasury 27:16 Blackstone: the largest landlord in the US (& on Earth) 30:53 De-industrialization & financialization 32:25 Private equity destroyed Toys“R”Us 33:11 Private equity firms buy up retirement homes, hospitals, vets 34:53 2008 crisis & subprime mortgages 37:22 Financial parasites 38:39 Outro
Thu, 30 May 2024 - 38min - 333 - US & Israel destroy international law in Gaza, while preaching 'rules-based order'
As Israel bombs Rafah with US support, both are blatantly defying the International Court of Justice (ICJ) and International Criminal Court (ICC). Ben Norton documents the hypocrisy of the Biden administration's claims to uphold the "rules-based international order" as it sponsors Netanyahu's crimes against humanity in Gaza. VIDEO: https://youtube.com/watch?v=Q2B6wkbO6vw Check out our related video - "US threatens ICC, warning 'If they [prosecute] Israel, we're next!'": https://youtube.com/watch?v=ChZZ3GKiNE0 Topics 0:00 Intro 1:30 ICJ orders Israel to stop attacking Rafah 2:38 Israel bombs tent camp in Rafah 3:51 US & UK help Israel violate ICJ rulings 4:34 UN expert calls for sanctions on Israel 6:28 Netanyahu: "Nobody will stop us - not the Hague" 7:19 US threatens to sanction ICC 8:19 Israeli spy chief threatened ICC 9:23 Trump & Biden attack ICC 9:50 Hypocrisy of "rules-based order" 13:02 US House Speaker Mike Johnson threatens ICC 13:48 US "rules-based order" vs. international law-based order 14:40 UK PM Rishi Sunak praises "rules-based order" 15:00 Germany's hypocrisy on Israel 17:55 Western neocolonialism 23:58 China defends international law 26:16 Outro
Tue, 28 May 2024 - 26min - 332 - China & Russia strengthen friendship, blasting Western 'neocolonialism' & US militarism
Putin met with Xi Jinping in Beijing, where China and Russia released a joint statement blasting Western "colonialism and hegemonism", supporting a multipolar world and more representation for the Global South, and calling for de-dollarization and expansion of BRICS. Ben Norton analyzes the historic document. VIDEO: https://youtube.com/watch?v=ufjxmDLQyBU Full text of the joint statement with links here: https://geopoliticaleconomy.com/2024/05/24/china-russia-joint-statement-new-era-75th-anniversary/ Topics 0:00 Intro 0:49 Putin's visit to China 1:42 Summary of the joint statement 4:58 Russia deepens economic integration with China 7:18 China expands trade with anti-hegemonic nations 8:50 Note on translation of joint statement 11:20 75th anniversary of China-Russia relations 13:46 Supporting Global South & multipolar world 17:58 Condemning Western neocolonialism & hegemony 20:49 Expanding cooperation 23:03 "True multilateralism" 25:14 Group of Friends in Defense of the UN Charter 27:35 Shanghai Cooperation Organization 28:33 Expanding BRICS 30:10 Nuclear weapons 30:33 Condemning US militarism 34:26 Climate change & pollution 36:01 Ukraine war 38:58 Non-interference 40:29 ASEAN 40:46 East Asia 41:33 North Korea 42:36 West Asia (Middle East) & Palestine 44:07 Afghanistan 45:18 Africa 46:25 Latin America 48:17 Outro
Sat, 25 May 2024 - 49min - 331 - US threatens ICC, warning 'If they [prosecute] Israel, we're next!'
The International Criminal Court (ICC) has applied for an arrest warrant for Israel's Prime Minister Netanyahu over crimes against humanity in Gaza. The Biden administration is threatening sanctions on Prosecutor Karim Khan. US Senator Lindsey Graham warned, "if they'll do this to Israel, we’re next!" Ben Norton discusses Washington's extreme hypocrisy and shows the real face of the so-called "rules-based international order". VIDEO: https://youtube.com/watch?v=ChZZ3GKiNE0 US politicians threaten to invade Int'l Criminal Court if Israel faces war crimes charges: https://geopoliticaleconomy.com/2024/05/07/us-threat-icc-israel/ US senator says Israel should drop nuclear bombs on Gaza: https://geopoliticaleconomy.com/2024/05/12/senator-lindsey-graham-israel-nuclear-weapons-gaza/ Intro 0:00 "We're next!" 0:15 ICC seeks to arrest Israeli officials 1:50 US gov't threatens ICC 4:08 Lindsey Graham quote: "if they'll do this to Israel, we’re next!" 5:01 Protest 5:27 Bipartisan barbarism 6:57 Karim Khan dropped previous investigation into US/NATO war crimes 8:26 Both sides-ism 9:35 ICC charges against PM Netanyahu & DM Yoav Gallant 10:38 ICJ or ICC? 11:59 Western officials says ICC "was built for Africa" 12:39 Netanyahu responds: "No one will stop us" 13:16 20,000 US citizens in IDF 14:04 Israel is an outpost of the US empire 15:29 Biden, Blinken, & Republicans agree 16:54 Trump imposed sanctions on ICC 18:53 US hypocritically backs ICC charges against Putin 20:15 US & Israel: rogue states 22:57 Outro
Wed, 22 May 2024 - 23min - 330 - Iran's President Raisi joined BRICS, called to drop US dollar, pushed for multipolar world
Iran's President Ebrahim Raisi, who died in a helicopter crash, sought to unite the Global South against Western imperialism. He joined BRICS, advocated de-dollarization, supported Palestine, promoted a "Look East" strategy toward China and Russia, and allied with Africa and Latin America. Ben Norton analyzes the late Iranian leader's anti-colonial foreign policy. VIDEO: https://youtube.com/watch?v=pzPKOhHcnvc Topics 0:00 Raisi's death & Iran's future 2:51 Raisi's anti-colonial foreign policy 4:54 Palestine 6:10 Anti-imperialism 8:42 BRICS 10:53 Dedollarization 11:45 Shanghai Cooperation Organization 12:46 "Look East" strategy 13:19 China 18:11 Russia 20:02 Indonesia 20:42 Africa 23:32 Latin America 28:40 Nicaragua & Iran: sister revolutions 33:08 Outro
Mon, 20 May 2024 - 34min - 329 - Is India's economy truly thriving? Or is it exaggerating its growth?
Political economists Radhika Desai and Michael Hudson are joined by Professor C.P. Chandrasekhar to discuss what is really happening in India's economy, if its government growth statistics and other official data are accurate, the policies of Prime Minister Narendra Modi and his party BJP, and the country's 2024 elections. VIDEO: https://youtube.com/watch?v=3zt1ZYzWP7k You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
Sat, 18 May 2024 - 1h 00min - 328 - Biden's tariffs on China expose US hypocrisy on 'free trade' & tech subsidies
The Joe Biden White House imposed high tariffs on Chinese technological products, including electric vehicles (EVs), solar panels, batteries, and semiconductors. Ben Norton analyzes the hypocrisy of US government accusations that Beijing provides unfair subsidies to its industries, while Washington is spending trillions on industrial policy -- and how this exposes the "free trade" dogma spread by neoliberal economists as a myth. VIDEO: https://youtube.com/watch?v=a7okuN2qJU8 Our related video: "Is China producing too much? US 'overcapacity' accusations: new tactic in economic war" - https://youtube.com/watch?v=GUpWxNcdnYU Topics 0:00 Biden puts tariffs on China 1:05 Elon Musk demanded tariffs on Chinese EVs 1:55 US "overcapacity" allegations 2:40 Europe threatens tariffs too 3:19 Biden condemned tariffs in 2019 4:58 Climate change hypocrisy 6:13 "Free market" myth 8:47 "Forced" technology transfer myth 13:12 BYD outcompetes Tesla 13:56 Neoliberalism: de-industrialization & financialization 18:26 Subsidies: US gov't plans trillions in benefits 23:52 More tariffs on Chinese products 25:30 Washington Consensus 29:01 US destroys WTO (after creating it) 31:28 Protectionism: How US & UK really developed 39:39 Outro
Wed, 15 May 2024 - 39min - 327 - US senator says Israel should drop nuclear bombs on Gaza
US Senator Lindsey Graham insisted in a TV interview that Israel should drop nuclear bombs on Gaza, where more than 2 million Palestinian civilians, including 1 million children, are trapped under what the Israeli defense minister called a “complete siege”. Ben Norton discusses Washington's bipartisan complicity in crimes against humanity. VIDEO: https://youtube.com/watch?v=4jJpA11Z5N8 Atomic bombing of Japan was NOT necessary to end WWII. US gov't documents admit it: https://geopoliticaleconomy.com/2023/08/07/atomic-bombing-japan-not-necessary/ Links and sources here: https://geopoliticaleconomy.com/2024/05/12/senator-lindsey-graham-israel-nuclear-weapons-gaza/ Topics 0:00 Intro 0:31 Lindsey Graham says Israel should nuke Gaza 1:11 Fact check 1:59 Israeli minister called to nuke Gaza 3:55 Crimes against humanity 4:47 US support is bipartisan 5:26 Israel's nuclear weapons 6:45 Israel offered nukes to apartheid South Africa 9:05 US atomic bombing of Japan was not necessary 13:10 Outro
Mon, 13 May 2024 - 14min - 326 - USA & Israel defy world in vote to make Palestine full UN member
143 countries, representing the vast majority of the world, voted at the UN General Assembly to support giving Palestine full membership. They were opposed by the US, Israel, and seven other small countries, representing just 5% of the global population. Ben Norton analyzes the geopolitics. VIDEO: https://youtube.com/watch?v=JtHx7hhpFDY Sources and links here: https://geopoliticaleconomy.com/2024/05/11/us-israel-vote-palestine-un-member Topics 0:00 Intro 0:56 Map of UN vote on Palestine membership 1:44 Countries that oppose Palestine 3:13 Europe is divided 3:35 Ukraine supports Israel & opposes Global South 5:11 Global South supports Palestine 5:44 Biden is allied with Hungary's Viktor Orbán 6:20 UNGA resolution 6:47 Venezuela's voting rights taken away 8:02 Read the UNGA resolution 9:02 Hypocrisy of US "two-state solution" rhetoric 10:29 Most Democrats condemn Israel; Republicans support it 11:11 Countries with bilateral relations with Palestine 11:47 Palestine's rights as UN observer state 13:04 China supports Palestine 13:46 Russia supports Palestine 14:11 Outro
Sat, 11 May 2024 - 15min - 325 - Xi Jinping blasts US/NATO for bombing China's embassy in Serbia
While visiting Serbia, China's President Xi Jinping condemned the US and NATO for bombing Beijing's embassy in Belgrade, Yugoslavia in 1999. Ben Norton discusses why Washington launched the attack, and lied about it. Then Ben analyzes China-Serbia relations and the Belt and Road Initiative. VIDEO: https://youtube.com/watch?v=MILgSmiBLA8 Topics 0:00 Xi condemns US/NATO for bombing China's embassy 1:50 US attack was intentional 4:44 Protests in China 5:58 Civilian victims of NATO's war on Yugoslavia 7:34 China's relations with Yugoslavia 9:05 Belt and Road Initiative 10:21 Chinese investment in Serbian steel plant 17:38 Outro
Thu, 09 May 2024 - 18min - 324 - US politicians threaten to invade Int'l Criminal Court if Israel faces war crimes charges
US Senators sent a letter to International Criminal Court (ICC) Prosecutor Karim Khan, threatening to impose sanctions and even invade the Hague if he issues arrest warrants for Israel's Prime Minister Benjamin Netanyahu. The Biden administration is also pressuring the ICC not to charge Israeli officials over their war crimes in Gaza. Ben Norton discusses Washington's deep hypocrisy. VIDEO: https://youtube.com/watch?v=pM29iLpZMJU Sources and links: https://geopoliticaleconomy.com/2024/05/07/us-threat-icc-israel Topics 0:00 Intro 0:48 US politicians threaten ICC 2:26 Trump sanctioned ICC 3:17 Biden's hypocrisy 3:56 Republican senators' letter to ICC 6:47 Hague Invasion Act 8:44 Israel's gen0c1de in Gaza 9:48 Israel unleashed famine in Gaza 10:37 Israeli minister demands "total annihilation" of Gaza 11:26 Amalek 13:16 US hypocrisy on ICC warrant for Russia's Putin 14:51 Africa criticizes ICC 15:42 US/Israel lobbied for ICC Prosecutor Karim Khan 16:46 US & Israel refuse to join ICC 17:02 ICC vs ICJ 18:40 Save face, or save your empire? 21:13 Outro
Tue, 07 May 2024 - 21min - 323 - De-dollarization: China drops US Treasury bonds, instead buys gold, oil, metals
China is reducing its holdings of US Treasury securities. Instead, the People's Bank of China is buying gold, and Beijing prioritizes imports of important commodities like oil and metals. Ben Norton discusses the geopolitical impact of de-dollarization in the world's largest economy. VIDEO: https://youtube.com/watch?v=z-bnIrbZjaM Check out our related video - "How the dollar's 'exorbitant privilege' enriches the USA (and global elites)": https://youtube.com/watch?v=jYkiMcR1Rj8 Topics 0:00 Why countries are de-dollarizing 1:05 Russia & China 1:41 Brazil & China 2:18 Persian Gulf oil & gas 3:29 Central bank reserves 4:54 China drops US Treasurys 6:15 Debate in Beijing 8:40 Gold 9:37 Charts: China buys metals & oil 11:21 Strategic petroleum reserve 11:53 Belt & Road Initiative 12:50 East Asia funds US deficits 14:25 Global South funds Global North 15:25 Japan replaces China as top US creditor 16:03 US inflation, interest rates, bond yields, & debt 18:48 Outro
Sat, 04 May 2024 - 19min - 322 - Is Japan in crisis as yen crashes? Or is USA exporting its economic problems?
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
Wed, 01 May 2024 - 35min - 321 - How the dollar's 'exorbitant privilege' enriches the USA (and global elites)
How much does the US benefit from printing the global reserve currency? An economist calculated that US average daily income would fall by 27-57% if the dollar lost its "exorbitant privilege". Ben Norton explains how wealthy investors not only in North America but around the world hold much of their wealth in the dollar. VIDEO: https://youtube.com/watch?v=jYkiMcR1Rj8 Link to Philip Pilkington's report and Twitter account: https://twitter.com/philippilk/status/1782409654519128497 Topics 0:00 US dollar dominance 2:00 Economics of exorbitant privilege 5:23 Current account 9:29 Balance of payments 12:31 Effects of dollar hegemony 14:45 Neoliberalism & financialization 17:41 Foreign capital funds US deficits 19:28 Global 1% invests in US assets 20:35 Super Imperialism 22:25 Fed inflates asset bubbles 25:22 De-industrialization in West 28:06 Industrialization in BRICS 28:57 Investment & FDI 33:08 Wages & manufacturing 35:00 Re-industrialization? 38:16 Outro
Sat, 27 Apr 2024 - 38min - 320 - Biden signs law to ban TikTok: Latest attack in US economic war on China
US President Joe Biden signed a law that will force TikTok's Chinese owner ByteDance to sell the app, or it will be banned in the US. Ben Norton explains how this is part of Washington's economic war, aimed at protecting Big Tech monopolies in Silicon Valley. VIDEO: https://youtube.com/watch?v=_WFYov2kfLI Topics 0:00 Biden signs law to ban TikTok 1:39 US tech war on China 5:00 India banned Chinese apps, giving US Big Tech total control 6:38 Protectionism or economic war? 8:30 Silicon Valley lobbied against TikTok 9:37 Donald Trump tried to ban TikTok... before doing 180 12:15 Role of Israel/Palestine/Gaza? 13:42 US trade war with Japan in 1980s 15:38 "Free market" hypocrisy 18:25 US does not truly want "competition" with China 19:39 Outro
Thu, 25 Apr 2024 - 19min - 319 - If Ukraine loses war, it will be 'end of Western hegemony', warns UK's Boris Johnson
If Ukraine loses in the NATO proxy war with Russia, "it will be the end of Western hegemony", lamented former British Prime Minister Boris Johnson. Ben Norton explains the geopolitics of the conflict, and how most of the Global South has not joined the Global North in opposing Moscow. VIDEO: https://youtube.com/watch?v=M8ZmkIhs8r0 Check out our related report - "‘Western dominance has ended’, EU foreign-policy chief admits, warning of ‘West against the Rest’": https://geopoliticaleconomy.com/2024/02/26/western-dominance-ended-eu-josep-borrell
Tue, 23 Apr 2024 - 17min - 318 - Challenging the duopoly: Jill Stein on why she's running for US president as Green Party candidate
Jill Stein explains why she decided to run for US president on an anti-war, pro-worker platform, challenging the duopoly of the Democrats and Republicans as the candidate for the Green Party. She is interviewed by political economists Radhika Desai and Michael Hudson. VIDEO: https://youtube.com/watch?v=oDUb7-MPH48 Read the transcript here: https://geopoliticaleconomy.com/2024/04/20/jill-stein-president-green-party-candidate/ You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
Sat, 20 Apr 2024 - 1h 02min - 317 - US blocks UN from recognizing Palestine, while Israel attacks Iran
The US vetoed a resolution in the UN Security Council that called to recognize Palestine as a member state, while Israel launched attacks on Iran. Ben Norton shows how Washington is opposing peace. VIDEO: https://www.youtube.com/watch?v=VndvgbR51D4 Topics 0:00 Intro 1:29 Israel attacks Iran 4:39 US vetoes Palestinian UN membership 7:31 What is Palestine's status at UN? 8:57 Which countries recognize Palestine? 10:18 "Two-state solution" hypocrisy 12:01 How USA prevents peace in Palestine 15:35 US defended South African apartheid at UN 18:30 South Africa's anti-apartheid leaders support Palestine 21:02 China supports Palestine 22:56 Russia supports Palestine 23:47 UNSC Gaza resolutions vetoed by US 25:53 US sponsors Israel's crimes against humanity 27:23 Outro
Fri, 19 Apr 2024 - 27min - 316 - Cold War 2: US officials call to overthrow China's gov't, expand military budget to $1.4 trillion
A major Congress member and top former Trump administration official published an article calling to overthrow China's government. They boasted that the US is waging a new cold war and must win it, while proposing a military budget of $1.4 trillion per year. Ben Norton debunks the deceptions of the warmongers in Washington. VIDEO: https://youtube.com/watch?v=Q3RMl33SqNE Check out our related report: CIA director threatens China & Russia, says Ukraine war benefits US economy - https://geopoliticaleconomy.com/2024/02/07/cia-director-china-threat-russia-ukraine-war/ Topics 0:00 Topic 1:07 2024 election 1:59 Council on Foreign Relations & CIA 3:30 Matt Pottinger & Mike Gallagher 5:07 US new cold war on China 8:21 Deceptively distorting Xi Jinping's speeches 12:50 Information warfare 16:00 Colonialism 17:32 Misquoting Chinese officials 20:29 Militarization of Asia 21:49 $1.37 trillion military budget 22:44 US domination of Asia 24:51 Recruit "cold warriors" 26:44 Regime change: Rollback, not just containment 28:05 Manufacturing consent for war 29:21 Outro
Thu, 18 Apr 2024 - 29min - 315 - Iran had legal right to counter-attack Israel in self-defense
Israel attacked Iran's embassy in Syria on April 1, in a blatant act of war. Iran had a legal right to respond in self-defense, according to article 51 of the UN Charter, which is exactly what it did by launching missiles and drone strikes on April 13. But Western governments are absurdly portraying Tehran as the aggressor. Ben Norton explains. VIDEO: https://youtube.com/watch?v=1p1-Psc0Un8 Topics 0:00 Intro 1:11 Israel attacked Iran first 2:50 Biden & Sunak erase history 3:57 US, UK, France blocked UN Security Council condemnation 5:14 Iran invoked article 51 of UN charter 7:02 UN chief Antonio Guterres' hypocrisy 8:32 West is destroying international law 10:46 World War III? 12:25 Outro
Sun, 14 Apr 2024 - 12min - 314 - Is China producing too much? US 'overcapacity' accusations: new tactic in economic war
Washington accuses China of producing too many goods and demands "free market" policies. But the US government is spending trillions on industrial policy to protect its own manufacturing sector. Ben Norton details the hypocrisy of the allegations, the latest strategy in the US economic war on China. VIDEO: https://youtube.com/watch?v=GUpWxNcdnYU Topics 0:00 Intro 1:00 Chinese 'overcapacity' allegations 3:38 Janet Yellen 5:21 US vows to 'slow down China's rate of innovation' 8:02 Elon Musk begs for tariffs on Chinese EVs 10:40 US wants China to be economically subordinated 12:27 US tech war on China 14:39 Western industrial policy 16:31 Protectionism 18:38 US Inflation Reduction Act 20:12 US Chips Act 22:03 US undercapacity is the real problem 25:11 BYD has just 1.5% of EU EV market share 27:04 China's car exports vs Japan & South Korea 30:37 Is overcapacity a problem? 32:39 Outro
Fri, 12 Apr 2024 - 33min - 313 - How the US is waging economic war on China
Political economists Radhika Desai and Michael Hudson analyze how the United States is waging an economic war against China. VIDEO: https://youtube.com/watch?v=4l3EbRUOGsI Transcript: https://geopoliticaleconomy.com/2024/04/09/us-waging-economic-war-china-radhika-desai-michael-hudson/ You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
Wed, 10 Apr 2024 - 1h 02min - 312 - West votes against rest of world in UN Human Rights Council
In the United Nations Human Rights Council, the West voted against the rest of the world, supporting illegal sanctions (known as unilateral coercive measures). Ben Norton analyzes how the 14% of the population in the Global North constantly opposes the Global South, representing the Global Majority. VIDEO with maps and graphics here: https://youtube.com/watch?v=VHBIfmxkHh4 Links here: https://geopoliticaleconomy.com/2024/04/06/west-vote-rest-un-human-rights-council-sanctions/
Tue, 09 Apr 2024 - 18min - 311 - CIA and Wall Street are taking over Argentina: President Milei sells off his country
Argentina's libertarian President Javier Milei ordered his intelligence agency to give full power to the CIA, while the US spy agency's director is welcomed to Buenos Aires. Ben Norton discusses how self-declared "anarcho-capitalist" Milei withdrew from BRICS, allied with Israel, and is implementing neoliberal shock therapy, selling off the South American nation in mass privatizations, as most workers live in poverty. VIDEO: https://youtube.com/watch?v=4VBlUW4BpYs Check out our related video "How extremist Javier Milei became Argentina's president: A story of debt, crisis, and empire": https://youtube.com/watch?v=FN6hoIb-QqA Topics 0:00 Foreign meddling in Argentina 1:08 Javier Milei 1:41 CIA 3:24 Billionaire oligarch 4:03 Anarcho-capitalism 5:05 IMF 7:17 Inflation 8:25 Poverty 9:43 Israel 11:00 Milei's geopolitical alignment: US & Israel 11:33 BRICS 12:13 US corporations 13:32 Beat the status quo... by joining it 14:24 US-backed coup & dictatorship 18:24 Outro
Wed, 03 Apr 2024 - 18min - 310 - US sends troops & weapons to Taiwan. Is it preparing war on China?
The US government has sent troops to Taiwan, just a few kilometers from mainland China, while also selling billions of dollars of weapons and military equipment. Is Washington preparing for war? Ben Norton analyzes the geopolitical situation. VIDEO: https://youtube.com/watch?v=sWWABuHjSvU After Ukraine, US readies ‘transnational kill chain’ for Taiwan proxy war: https://geopoliticaleconomy.com/2024/03/01/ukraine-us-kill-chain-taiwan-war Topics 0:00 Intro 2:15 US sends troops to Taiwan 4:39 US general threatens war on China 5:28 Nuclear weapons 7:03 US once had nukes in Taiwan 10:22 US "arms Taiwan to the teeth" 13:27 US military surrounds China 16:22 Pentagon's "kill chain for the Pacific" 18:23 Elon Musk's role 19:19 US military interoperability with Taiwan 20:57 Washington threatens Chinese sovereignty 22:58 US communiqués recognizing One China policy 27:46 US violates agreements 29:28 Parallels to Ukraine 31:48 Outro
Sun, 31 Mar 2024 - 32min - 309 - Israel is committing genocide in Gaza, UN human rights expert explains
Israel is carrying out genocide against the Palestinian people and "systematic destruction of every aspect necessary to sustain life in Gaza", United Nations Special Rapporteur Francesca Albanese detailed in her report titled "Anatomy of a Genocide". Ben Norton analyzes the political context. VIDEO: https://youtube.com/watch?v=o4e4fI_r3b0
Thu, 28 Mar 2024 - 21min - 308 - The economics of imperialism: Can the Global South resist Western exploitation? Can China help?
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
Mon, 25 Mar 2024 - 49min - 307 - The truth about China's economy: Debunking Western media myths
Political economists Radhika Desai and Michael Hudson are joined by Beijing-based scholar Mick Dunford to discuss China's economy and debunk Western media myths, addressing accusations that consumption is too low, fears of "Japanification", the role of exports, and the new Chinese growth strategy. VIDEO: https://youtube.com/watch?v=isJR5dS27qA This is part 2 of their discussion. Watch part 1 here: https://youtube.com/watch?v=3K1Vku1SDd8 You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
Thu, 21 Mar 2024 - 1h 06min - 306 - US TikTok ban aims to weaken China & protect Big Tech monopolies
The US government's plan to either ban TikTok or force owner ByteDance to sell it to a (US) company is part of Washington's economic war on China, and an attempt to protect Big Tech monopolies in Silicon Valley. Ben Norton explains. VIDEO: https://youtube.com/watch?v=1I7reuh86CM Sources and links here: https://geopoliticaleconomy.com/2024/03/18/us-tiktok-ban-china-tech-monopolies/ Topics 0:00 US Congress moves to ban TikTok 2:04 US tech war on China 6:12 India bans Chinese apps, giving US Big Tech total control 7:51 Protectionism or economic war? 9:18 Silicon Valley lobbied against TikTok 10:49 Donald Trump tried to ban TikTok... before doing 180 13:27 Role of Israel/Palestine/Gaza? 14:54 US trade war with Japan in 1980s 16:51 "Free market" fundamentalist hypocrisy 18:45 The Washington Consensus 20:24 US does not truly want "competition" with China 21:38 Outro
Mon, 18 Mar 2024 - 22min - 305 - How the CIA oversees the Ukraine proxy war on Russia
Several reports in mainstream US media outlets show how the CIA has helped to direct the proxy war against Russia in Ukraine, and played a role in causing the conflict in the first place. Ben Norton examines the evidence. VIDEO: https://youtube.com/watch?v=C-PdT8ZUamQ US govt knew NATO expansion to Ukraine would force Russia to intervene: https://geopoliticaleconomy.com/2022/02/27/us-nato-expansion-ukraine-russia-intervene/ Topics 0:00 CIA's role in Ukraine proxy war 2:52 Germany reveals UK/France have troops in Ukraine 4:08 Western special ops commandos are in Ukraine 6:09 CIA trained Ukrainian forces before war with Russia 9:22 US knew NATO expansion would cause Russian intervention 12:26 NY Times reveals CIA operations in Ukraine 21:26 CIA was using US embassy in Ukraine 22:23 2014 US-backed Maidan coup 25:45 CIA spying inside Russia 27:59 NATO/EU member Estonia rewrites WWII history 30:04 Assassinations by CIA-trained Ukrainian forces 34:27 CIA collaborated with UK's MI6 and Netherlands 36:27 Outro
Sat, 16 Mar 2024 - 37min - 304 - What is China's future? Economic decline, or the next industrial revolution?
Political economists Radhika Desai and Michael Hudson are joined by Beijing-based scholar Mick Dunford to discuss what is actually happening in China, explaining its economic transition and move toward a new industrial revolution. VIDEO: https://youtube.com/watch?v=3K1Vku1SDd8 You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
Tue, 12 Mar 2024 - 1h 16min - 303 - US sends Israel 100+ weapons shipments. Most Americans oppose it - but Biden ignores them.
The US government has sent Israel more than 100 arms shipments since October 7, to help it bomb Gaza. Polls show 52% of North Americans oppose these weapons sales. Biden is defying the Democratic Party's base, while allying with Trump and the Republicans. Ben Norton reviews the evidence. VIDEO: https://youtube.com/watch?v=Yoj8Sleb9XQ US kills 4th UN call for peace in Gaza, helping Israel violate Hague's genocide ruling: https://geopoliticaleconomy.com/2024/02/21/us-veto-un-resolution-gaza-israel-hague-genocide/ Topics 0:00 Most Americans oppose US arms sales to Israel 2:57 Youth & Democrats say Israel commits genocide 5:10 ICJ: genocide case against Israel is "plausible" 5:30 Top UN expert: Israel commits genocide in Gaza 6:03 US court: Israel "plausibly" committing genocide 7:00 Biden admin sends Israel 100+ arms shipments 9:17 US vetoes ceasefire resolutions in UN Security Council 9:50 Israel's war on Gaza is most destructive in modern history 10:50 Biden's cynical "food aid" PR stunt 11:19 Israel is starving Palestinian children to death 12:01 Amnesty: Israel violates Hague's Gaza ruling 12:46 UN warns Gaza kids are dying of hunger 13:50 China condemns Israel's "disgrace for civilization" 14:23 Malaysia's PM blasts West's "murderous" hypocrisy 16:21 Western colonialism continues 18:57 Outro
Fri, 08 Mar 2024 - 19min - 302 - US can't compete with China's technology, so it wages economic war
Why is the United States waging economic war on China? Ben Norton discusses how China became the world's industrial superpower and a leader in important technologies, why the US is unable to compete, and the clash between Western neoliberal capitalism and Chinese socialism. VIDEO: https://youtube.com/watch?v=c3ngd__0ok0 China is now the 'world's sole manufacturing superpower': https://geopoliticaleconomy.com/2024/01/31/china-world-manufacturing-superpower-production/ Topics 0:00 Bipartisan US economic war 2:19 China is world's #1 manufacturer 4:28 Clash of systems 6:29 Elon Musk laughed at Chinese competitors. Now they're beating him. 9:27 TikTok: Why US wants to ban it 10:56 EU threatens tariffs on China 11:20 West's hypocrisy on climate change 12:25 Solar panels: China installs more than rest of world combined 13:46 Clean energy is top driver of China's growth 14:56 China leads world in green transition 16:57 Neoliberal West can't outcompete China's state-led industrial development 18:27 The death of "free market" dogma 20:31 The myth of "free trade" 23:23 US opposes industrial policy when China does it 29:10 "Washington Consensus" failed, Washington admits 38:01 Ronald Reagan's trade war on Japan 43:25 Outro
Wed, 06 Mar 2024 - 44min - 301 - ‘Western dominance has ended’, EU foreign-policy chief admits, warning of ‘West against the Rest’
The European Union’s top diplomat, Josep Borrell, admitted that the “era of Western dominance has indeed definitively ended”. He warned that the EU must not divide the world into “the West against the Rest”, as “many in the ‘Global South’ accuse us of ‘double standards’”. Ben Norton analyzes the historic shift. VIDEO: https://youtube.com/watch?v=PVSQRypJXzY Sources and more information here: https://geopoliticaleconomy.com/2024/02/26/western-dominance-ended-eu-josep-borrell/ Related videos: - EU confesses 'our prosperity was based on China & Russia': cheap energy, low-paid labor, big market: https://geopoliticaleconomy.com/2022/10/18/eu-prosperity-china-russia-energy-market/ - West votes against democracy, human rights, cultural equality at UN; promotes mercenaries, sanctions: https://geopoliticaleconomy.com/2023/11/26/west-vote-democracy-human-rights-un-sanctions/ Topics 0:00 "Western dominance has ended" 2:41 Europe's "prosperity was based on China and Russia" 4:05 West vs. the Rest 5:07 Ukraine and NATO 7:05 Europe becoming US "vassal" 8:06 West votes against rest of world at UN 12:44 US-led imperialist system 18:58 Terms "Global South" and "West" 24:54 Outro
Mon, 04 Mar 2024 - 25min - 300 - The reality of Bidenomics: How good was Biden for the economy?
Political economists Radhika Desai and Michael Hudson discuss the rhetoric and reality of Bidenomics, and how good US President Joe Biden really was for the economy. VIDEO: https://youtube.com/watch?v=Xwht64COz2Q Transcript: https://geopoliticaleconomy.com/2024/02/28/bidenomics-economy-radhika-desai-michael-hudson/ You can find other episodes of their program Geopolitical Economy Hour here: https://geopoliticaleconomy.com/tag/geopolitical-economy-hour/
Wed, 28 Feb 2024 - 1h 11min - 299 - Media's Israel bias exposed by US soldier who set himself on fire to protest Gaza genocide
The Western media showed its extreme bias by whitewashing the fatal protest of US airman Aaron Bushnell, who set himself on fire outside Israel's embassy in Washington, DC while shouting "Free Palestine!" and "I will no longer be complicit in genocide!". Ben Norton contrasts the press' coverage of Russia, showing clear double standards. VIDEO: https://youtube.com/watch?v=u3J4FfAGaEI
Tue, 27 Feb 2024 - 14min - 298 - Latin America charges Israel with genocide, compares it to Nazi Germany
Many Latin American countries have accused Israel of genocide against the Palestinian people, even comparing it to Nazi Germany. Ben Norton explains the responses of Argentina, Bolivia, Brazil, Chile, Colombia, Cuba, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Peru, and Venezuela. VIDEO: https://youtube.com/watch?v=63Zj691F8Iw Topics 0:00 Intro 0:54 Latin American countries that support Palestine 1:47 ICJ or ICC? Differences 2:41 ICJ says Israel can be investigated for genocide 3:32 Israel's war on Gaza is most destructive in modern history 4:20 Brazil's President Lula compares Israel to Nazi Germany 6:01 Israeli media compares Netanyahu's government to Nazis 8:18 Colombia's President Gustavo Petro accuses Israel of genocide 9:43 Bolivia's ex-President Evo Morales accuses Israel of genocide 10:22 US imperialism in Latin America and West Asia 12:08 Venezuela compares Israel to Nazi Germany 13:07 Nicaragua's President Ortega blasts West's "horrendous crimes" 13:56 Nicaragua joins South Africa's ICJ case 16:04 Cuba accuses Israel of genocide 16:39 Bolivia breaks diplomatic ties with Israel 16:58 Belize breaks diplomatic ties with Israel 17:08 Honduras recalls its ambassador in Israel 17:19 Latin America's right-wing governments support Israel 18:41 El Salvador's Nayib Bukele supports Israel 19:23 Argentina's Javier Milei supports Israel 20:21 Latin American left vs right 21:13 Latin America's anti-imperialist leadership 23:18 Outro
Sat, 24 Feb 2024 - 22min - 297 - US kills 4th UN call for peace in Gaza, helping Israel violate Hague's genocide ruling
The United States used its veto power to block a fourth UN Security Council resolution that called for a humanitarian ceasefire in Gaza. The Biden administration keeps sending weapons to Israel, helping it violate an International Court of Justice (ICJ) ruling that says Netanyahu must respect the Genocide Convention and stop killing Palestinians. Ben Norton explains. Sources and more information here: https://geopoliticaleconomy.com/2024/02/21/us-veto-un-resolution-gaza-israel-hague-genocide VIDEO: https://youtube.com/watch?v=zDcN9LsntHI Our related video - Israel admits Gaza health ministry death toll is accurate: https://youtube.com/watch?v=Dbj1GNT3Mjk Topics 0:00 US votes against 4th UNSC Gaza resolution 4:13 Israel violates ICJ genocide ruling 6:15 UN says 100,000 Palestinians killed, wounded, or missing 7:34 Gaza health ministry death toll 8:23 Israel's war on Gaza is most destructive in modern history 9:57 US sends more weapons to Israel 11:35 Biden admin's hypocrisy 13:05 EU foreign policy chief criticizes Israel's "slaughter" 15:26 Canada's military support for Israel 17:05 Image of US voting against the world 17:40 Russia condemns Israel's ethnic cleansing 19:10 France says Israel must end war 19:47 China urges peace and "justice" in Palestine 20:39 US doctor describes "annihilation" in Gaza 22:16 ICJ cases against Israel 23:35 US threatens South Africa 24:20 New York governor uses genocidal rhetoric 25:11 Top UN official warns of "slaughter" in Gaza 26:41 Israel bombs Lebanon too 27:32 Outro
Wed, 21 Feb 2024 - 28min - 296 - West's new cold war on Russia & China crushes EU's economic heart: German industry
NATO's new cold war on Russia and China is destroying Germany's industrial base, devastating Europe's economy, and destabilizing its politics, fueling the rise of the far-right, as neoliberal austerity policies exacerbate the ongoing recession. Ben Norton analyzes the evidence. Links: - EU confesses ‘our prosperity was based on China & Russia’: cheap energy, low-paid labor, big market: https://geopoliticaleconomy.com/2022/10/18/eu-prosperity-china-russia-energy-market - German lawmaker denounces Ukraine 'proxy war' and US 'terror attack' on Nord Stream pipelines: https://geopoliticaleconomy.com/2023/02/22/germany-ukraine-nord-stream-sevim-dagdelen - How corporate profits are driving inflation, not workers' wages: https://geopoliticaleconomy.com/2023/06/26/corporate-profits-inflation-europe-imf Topics 0:00 Crisis in EU's economic heart: Germany 5:04 EU admits "our prosperity was based on China and Russia" 6:51 German industry 8:09 US-NATO "vassalization" of Europe 10:09 Cheap Russian gas or expensive US LNG? 13:37 Corporations and speculators profit 17:08 Greedflation 19:08 Neoliberal austerity is back 21:24 US Inflation Reduction Act (IRA) 23:52 Economic war on China backfires 27:01 Rise of far-right 29:46 Germany's leftist anti-war alternative 33:01 Environmentalist policies are not the problem 34:56 Outro
Sun, 18 Feb 2024 - 36min - 295 - De-dollarization & CBDCs: How digital currencies help countries drop US dollar
Why are countries seeking alternatives to the US dollar? And what role can central bank digital currencies (CBDCs) play in dedollarization? Ben Norton explains how China is using the e-yuan (e-CNY) in new institutions like the mBridge system. VIDEO: https://youtube.com/watch?v=v61dgvN81n0 US Congress plots to save dollar dominance amid global de-dollarization rebellion: https://geopoliticaleconomy.com/2023/06/20/us-congress-dollar-dominance-hearing Topics 0:00 De-dollarization 6:03 Central bank digital currencies (CBDCs) 10:41 mBridge system 12:24 Why China and other countries use CBDCs 16:43 Surveillance? Or privatized tyranny? 19:54 Why Wall Street opposes CBDCs 25:21 Stability and bank bailouts 27:59 Monetary sovereignty 30:12 mBridge experiments 32:39 International trade (without dollars) 40:10 Why are CDBCs so feared in the US? 41:47 Outro
Wed, 14 Feb 2024 - 42min - 294 - Putin debunks Tucker Carlson's warmongering anti-China propaganda, mocks his CIA ties
Russian President Vladimir Putin condemned the "boogeyman" anti-China propaganda that Trump ally Tucker Carlson spewed in his interview in Moscow, while also mocking Tucker for applying to join the CIA. Ben Norton documents the former Fox News host's long history of pushing for war on China. VIDEO: https://youtube.com/watch?v=JzEc5GbSbIU Sources and more information here: https://geopoliticaleconomy.com/2024/02/10/putin-tucker-carlson-china-cia Topics 0:00 Tucker's warmongering against China 3:05 Putin debunks Tucker's anti-China propaganda 5:08 Republicans want to divide Russia from China 13:44 Tucker Carlson's CIA links 15:47 Putin mocks Tucker for his CIA application 16:19 Tucker's racist neoconservative past 17:59 Tucker's neocolonial views on Latin America 20:09 Democrats vs GOP: Bipartisan imperialism 23:04 US failure to divide Russia from China 23:40 Outro
Sat, 10 Feb 2024 - 24min - 293 - Economic solutions: How to go from financialized neoliberalism to a productive, sustainable economy
Political economists Radhika Desai and Michael Hudson discuss realistic alternatives to the neoliberal model of financialization, and tangible policies to build a productive, sustainable economy. VIDEO: https://youtube.com/watch?v=o2HTc8yA4mI Transcript: https://geopoliticaleconomy.com/2024/02/09/economic-solutions-neoliberalism-radhika-desai-michael-hudson You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
Fri, 09 Feb 2024 - 1h 08min - 292 - CIA director threatens China & Russia, says Ukraine war benefits US economy
CIA Director William J. Burns published an article demonizing China and Russia as top "threats", boasting that the Ukraine war helps the US economically and geopolitically, and warning Taiwan could be next. Ben Norton explains the context. VIDEO: https://youtube.com/watch?v=uDv4KsLXua8 Sources and more information here: https://geopoliticaleconomy.com/2024/02/07/cia-director-china-threat-russia-ukraine-war China is now the 'world's sole manufacturing superpower'. How did it develop so fast?: https://geopoliticaleconomy.com/2024/01/31/china-world-manufacturing-superpower-production
Wed, 07 Feb 2024 - 24min - 291 - Exposed: US DEA used criminals to spy on, destabilize Venezuela, Mexico, Bolivia
Reports reveal that the US Drug Enforcement Administration (DEA) used known criminals to spy on and destabilize the left-wing governments in Venezuela, Mexico, and Bolivia. Ben Norton reviews the scandalous evidence detailing Washington's corrupt meddling in Latin America. VIDEO: https://youtube.com/watch?v=5q2531l5Y5M Links: - Trump boasts he wanted to take Venezuela’s oil after overthrowing its government: https://geopoliticaleconomy.com/2023/06/12/trump-venezuela-oil-coup - CIA backed failed 2020 invasion of Venezuela, top coup-plotter says: https://geopoliticaleconomy.com/2022/02/02/cia-invasion-venezuela-cliver-alcala Topics: 0:00 Intro 1:01 Venezuela 9:03 US coup attempt & invasion 14:50 Bolivia 21:02 Mexico 31:28 CIA & drug trafficking 33:02 Outro
Mon, 05 Feb 2024 - 33min - 290 - Biden was wrong: Israel admits Gaza health ministry death toll is accurate
US President Joe Biden and Western media pundits echoed Israel's disinformation casting doubt on the Palestinian health ministry death toll in Gaza, but Israeli intelligence officials have admitted it is accurate. Ben Norton looks at the evidence. VIDEO: https://youtube.com/watch?v=Dbj1GNT3Mjk Despite Biden’s claims, Gaza health ministry death toll is accurate, scientific studies show: https://geopoliticaleconomy.com/2023/12/19/gaza-health-ministry-death-toll-accurate-study ICJ’s Israel genocide decision: Historic victory for Palestinians and Global South: https://geopoliticaleconomy.com/2024/01/27/icj-israel-genocide-palestinians
Sat, 03 Feb 2024 - 13min - 289 - China is now the 'world's sole manufacturing superpower'. How did it develop so fast?
"China is now the world’s sole manufacturing superpower", a mainstream European think think has acknowledged. Ben Norton explains China's historic growth and development model, and how the Chinese socialist market economy works. VIDEO: https://youtube.com/watch?v=WnDWr2YLBgI Sources and more information here: https://geopoliticaleconomy.com/2024/01/31/china-world-manufacturing-superpower-production
Wed, 31 Jan 2024 - 45min
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