
newsMar 6, 202444:22pending
US can't compete with China's technology, so it wages economic war
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 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
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