Dedollarization & the Petrodollar w/ Richard Wolff

Guerrilla History

Henry

History, Education

4.8 • 622 Ratings

🗓️ 5 May 2023

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this fun episode, we talk with Professor Richard Wolff about the process of dedollarization, its impact on the Petrodollar, and how these play into geopolitics more broadly including the ability of the US to sanction whomever they wish - processes that we need to continue keeping an eye on. A really interesting conversation, we're looking forward to continuing it very soon!!

Richard Wolff is a Professor Emeritus of Economics at UMass-Amherst and a Visiting Professor at The New School. He is also the host of Economic Update and the founder of Democracy At Work. You can follow him on Twitter @profwolff.

Help support the show by signing up to our patreon, where you also will get bonus content: https://www.patreon.com/guerrillahistory

Transcript

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0:00.0	You remember Den Van Boo?
0:09.0	No!
0:10.0	The same thing happened in Algeria, in Africa.
0:15.0	They didn't have anything but a rank.
0:17.0	The French had all these highly mechanized instruments of warfare, but they put some guerrilla action on.
0:27.1	Hello and welcome to Gorilla History, the podcast that acts as a reconnaissance report of global proletarian history and aims to use the lessons of history to analyze the present.
0:55.1	I'm one of your co-hosts, Henry Huckimacki, joined as usual by my two co-hosts, Professor Adnan Hussein, historian and director of the School of Religion at Queen's University in Ontario, Canada. Hello, Adnan. How are you doing today? Hi, Henry. I'm well. It's a pleasure to be with you. Yeah, always nice to have you here. And also joined as usual by Brett O'Shea, host of Revolutionary Left Radio and co-host of the Red Menace
1:00.5	podcast. Hello, Brett. How are you doing today? I'm doing well. Great. We have a great
1:05.2	returning guest again, one of our old friends who's coming back and hopefully we'll have him a
1:10.4	couple times again in the
1:11.5	relatively near future. We have Professor Richard Wolfe, who of course, as the listeners are
1:16.4	probably aware, is a Professor Emeritus of Economics at UMass Amherst and visiting professor
1:21.5	at the new school, host of Economic Update and author of many, many books, including his latest
1:26.7	The Sickness is the System
1:28.3	when capitalism fails to save us from pandemics for itself.
1:33.1	A brief reminder to listeners that you can follow us on Twitter at Gorilla underscore Pod.
1:38.4	That's G-U-E-R-R-I-L-A-U-R-I-L-A-U-Pod.
1:43.1	You can help support the show and get bonus content from each of the
1:47.4	three of us hosts by going to patreon.com forward slash guerrilla history, G-U-E-R-R-I-L-A history.
1:56.4	And now our guest. Hello, Professor. How are you doing today?
2:00.3	Very well, Henry, and thank you very much for the invitation.
2:03.5	Of course. It's always a pleasure to talk to you. And like I was saying, before we hit
	...

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