How Huawei Is Beating U.S. Sanctions
The Socialist Program with Brian Becker
The Socialist Program
4.7 • 587 Ratings
🗓️ 31 July 2024
⏱️ 33 minutes
🧾️ Download transcript
Summary
On today's episode Nicole Roussell and Prof. Richard Wolff discuss how Chinese technology company Huawei has grown so successful despite U.S. sanctions, and what it says about the state of the world economy.
Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.
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Transcript
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| 0:00.0 | Despite five years of U.S. sanctions, the Chinese technology company, Huawei, is only growing. |
| 0:07.0 | The Wall Street Journal attributes its success to, quote-unquote, state funding, but aren't widely used U.S. government subsidies in bailout state funding too? |
| 0:14.7 | What does Huawei's huge growth show about the New World economy? |
| 0:18.7 | We need a new system. We need a new society. |
| 0:22.6 | We need to demand that which may have sounded impossible |
| 0:25.5 | even a few weeks ago, |
| 0:26.9 | but is not only realizable, |
| 0:29.7 | but an imperative necessity. |
| 0:58.4 | We need to... We are very excited to have Professor Richard Wolfe join us for our regular weekly segment, where we discuss the biggest stories relating to the economy, the state of the working class, |
| 1:02.2 | and the crimes of big business. |
| 1:04.4 | I'm Nicole Roussel, sitting in for your host, Brian Becker. |
| 1:07.7 | The Socialist Program brings you content several days a week thanks to the support of our patrons at patreon.com slash the Socialist Program. |
| 1:14.7 | We appreciate all of your support and encourage you to become a patron today if you enjoy listening to the show. |
| 1:20.1 | And we have a patron's only seminar in just a few hours this afternoon. |
| 1:24.5 | Sign up now to help support the show, join the seminar live, send in questions |
| 1:28.8 | in advance, and listen afterwards. Richard Wolfe is the co-founder of the organization Democracy |
| 1:33.4 | at Work and the author of many books, including his very newest, which was just released, |
| 1:37.5 | called Understanding Capitalism, now available at Democracy at Work.Info. That's democracy at work. |
| 1:43.9 | I-N-F-O. Richard, thanks so much for coming back. |
| 1:47.8 | Welcome to the show. Thank you, Nicole. I'm glad to be here. So the Wall Street Journal is highlighting |
| 1:53.4 | right now the success of Huawei, the Chinese technology company, despite five years of U.S. sanctions, |
| 1:59.3 | otherwise known as we were discussing before the show, as economic warfare. This is true. The U.S. sanctions, otherwise known as we were discussing before the show, |
... |
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