Imperialism, China, and the World Economy
The Socialist Program with Brian Becker
The Socialist Program
4.7 • 587 Ratings
🗓️ 28 June 2023
⏱️ 34 minutes
🧾️ Download transcript
Summary
On today's episode Brian Becker and Prof. Richard Wolff discuss the decline of the U.S. world order and economic domination, as BRICS economies overtake those of the G7.
Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com, and more about this discussion in his article The World Economy Is Changing—the People Know, But Their Leaders Don’t.
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Transcript
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| 0:00.0 | The U.S. dominated world economic order is facing a historic challenge from a rising group of |
| 0:09.2 | economic powerhouses popularly referred to as the Bricks, Brazil, Russia, India, China, and |
| 0:17.8 | South Africa, with a combined GDP, gross domestic product, that now exceeds that of the |
| 0:25.9 | G7 nations, these powers along with their allies in the global south, are seeking to reshape |
| 0:34.0 | the global market in ways that profoundly disturb U.S. capitalists. |
| 0:40.3 | We need a new system. We need a new society. We need to demand that which may have sounded |
| 0:46.4 | impossible even a few weeks ago, but is not only realizable, but an imperative necessity. We are excited to have Professor Richard Wolfe join us again for our regular weekly segment, |
| 1:21.6 | where we talk about the biggest stories related to the economy, the state of the working class, |
| 1:26.6 | and the crimes of big business. |
| 1:28.9 | I'm your host, Brian Becker. |
| 1:31.3 | The Socialist Program brings you content three days a week. |
| 1:34.9 | Thanks to the support of our patrons at patreon.com forward slash the Socialist Program. |
| 1:41.7 | We say that because we want to encourage you to become a patron today |
| 1:46.0 | if you enjoy listening to this show. Richard Wolfe is the co-founder of the organization |
| 1:51.6 | Democracy at Work. He's the author of many books, The latest being the sickness is the system |
| 1:57.1 | when capitalism fails to save us from pandemics or itself. |
| 2:02.2 | You can check out all of his work at R.D.Wolf.com. |
| 2:05.4 | That's R-D-W-O-L-F-F.com. |
| 2:08.8 | Richard Wolfe, welcome back. |
| 2:10.9 | Thank you very much, Brian. |
| 2:12.3 | Glad to be here. |
| 2:13.5 | We are so glad to have you once again. |
... |
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