logo
episode-header-image
Mar 2024
44m 22s

US can't compete with China's technology...

Ben Norton
About this episode
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 manuf ... Show More
Up next
Apr 30
How the US uses oil as a geopolitical weapon
Oil has been at the center of the war on Iran. Ben Norton explains how the United States became the biggest oil producer on Earth, and how the US empire uses petroleum as a geopolitical and economic weapon, pushing for monopolistic Big Oil corporations to dominate the global mark ... Show More
37m 16s
Apr 25
US-Israeli war on Iran caused biggest oil crisis in history, endangering world economy
The US-Israeli war on Iran has caused the largest oil supply shock in history, according to the International Energy Agency (IEA). Ben Norton explains how the attacks by Trump and Netanyahu, and the ensuing blockade of the Strait of Hormuz, have unleashed an energy crisis that co ... Show More
21m 47s
Apr 21
US economy is based on Ponzi scheme that could collapse, warns economist Michael Hudson
There are growing signs that the United States may be on the verge of another major financial crisis, one that could start in the $3 trillion private credit market, which is already seeing significant turmoil, before spreading to other sectors. Geopolitical Economy Report editor ... Show More
34m 8s
Recommended Episodes
Nov 2022
Is China’s economy in trouble?
Xi Jinping has begun an unprecedented third term as Chinese president, after securing his position at the Communist Party Congress. But key economic data was delayed until after the congress ended. It was lower than government targets, causing Chinese markets to fall. The Chinese ... Show More
23m 49s
Aug 2023
Xi Jinping’s Economic Plan: Let China Struggle
China’s economic slowdown is catching the attention of countries around the world as they brace for a possible hit to their own economies. Bloomberg’s Rebecca Choong Wilkins and Tom Hancock discuss why President Xi Jinping is avoiding a big stimulus package and instead allowing C ... Show More
28m 27s
Jun 2021
China’s proliferating smart city technology
<p>Israel’s parliament has voted in a new government, ending rightwing stalwart and five-time premier Benjamin Netanyahu’s 12-year grip on power, South Korean shipbuilders and sea freight companies will seek to raise billions of dollars via stock market listings in the second hal ... Show More
10m 5s
Aug 2023
The Four Big Structural Forces Holding Back China's Economy
The Chinese economy is in a slump. Industrial production is down. Retail sales are down. The property industry continues to struggle. The People's Bank of China just did a surprise rate cut. So what's driving the decline and what can the government do about it? On this episode of ... Show More
45m 4s
Jun 2023
Inside the U.S.-China Tech War
Over the last few years, the United States has moved to limit China’s technological rise. U.S.-led sanctions have imposed unprecedented limits on Beijing’s access to advanced computing chips. In response, China has accelerated its own efforts to develop its technological industry ... Show More
43m 10s
Apr 2021
Computer chip shortage, corporate America caught between US and China
<p>The boom in Bitcoin mining is having an unintended consequence: it has driven up the cost of computer chips. Plus, the FT’s US-China correspondent, Demetri Sevastopulo, explains how China’s repressive treatment of its Uyghur Muslims is affecting Western brands who do business ... Show More
8m 46s