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Chapo Trap House

713 Teaser - It’s So Over

Chapo Trap House

Chapo Trap House

News

4.69.1K Ratings

🗓️ 10 March 2023

⏱️ 5 minutes

🧾️ Download transcript

Summary

Prof. Richard Wolff uses a historical analogy to analyze America’s future role in the world. Subscribe today for access to the full episode and all premium episodes! www.patreon.com/chapotraphouse

Transcript

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0:00.0

All right, I guess like, so like based on your previous comments, like what we're talking about

0:04.1

if you think about America finally facing a serious economic competitor or like the in China and

0:09.6

the overall the BRICS nations as they're referred to. But like I mean, it's clear from your comments

0:14.4

that like the era of the unipolar world is over like the era like that that's coming to that's

0:19.9

very the writing is on the wall in terms of America as the manager of a global economic system.

0:25.1

But then we get like I want to ask like you know, back to a theme in this conversation. What would

0:31.7

a rational, I rationally run country like how would it respond to the like economic competition

0:39.7

from a nation like China and then like in order to rationally address these concerns of anything

0:45.6

that we're talking about here and the example of France that we just talked about is front in my

0:50.8

mind is labor struggle like the only grounds on which the economic rule of the upper classes can

0:56.1

be fought and like is it isn't all of this necessary to have the kind of society that could rationally

1:01.7

deal with what a major economic competitor from well economic competition from China will look like

1:07.6

in the coming century or so. Well, while I am very happy that you bring up the whole labor

1:13.6

capital struggle because that's another absent item on the discourse of this country that shouldn't

1:20.7

be absent because it's going to play a major role it already is. I would not want to say that's

1:27.2

the only or the most important I wouldn't say that. There's too many levels here that have to be

1:33.0

dealt with. So let me offer a different way to think about how rational an alternative we could

1:40.5

construct. I'm going to use American history. The war of the war of independence 1776 and all of that

1:49.1

was a war in which the colonial power Britain, Georgia III king, is telling Americans what to do

2:00.9

organizing and manipulating the economy using taxes and so forth to advantage the British empire

2:08.8

which is at that point at its height or nearly so. And the American colonists mostly British

2:16.5

or British by origin fight back. And to the surprise of everybody David beats Goliath. It happens

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