4.2 • 970 Ratings
🗓️ 23 July 2021
⏱️ 8 minutes
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As promised, here is a continuation of the discussion with Tony Norfield about capitalist imperialism and finance: is China's Belt and Road Initiative an imperialist endeavor? Despite having billionaires and huge corporations, is China even capitalist? What would a new Cold War between America and China look like?
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| 0:00.0 | You brought it up so I have to ask. |
| 0:09.0 | based on your analysis, is China imperialist? |
| 0:15.0 | Is the Belt and Road initiative part of the same exercise of economic privileges |
| 0:21.0 | that allows a country to gain more than they would |
| 0:24.4 | otherwise through their financial and imperial power? |
| 0:28.7 | It's a spicy question I know. |
| 0:30.7 | Yeah sure. |
| 0:32.0 | Sure. No and again this could obviously go on, going a long time, but I think because the left is all too often taking what I think is the wrong view on this. It's important to spell |
| 0:47.3 | out a couple of things. To characterize China, I think you have to look at the historical context. |
| 0:59.8 | And I do this to some extent in the book, but you know I've got on my blog there's an article called |
| 1:08.4 | China and US Power, which goes into more detail so I'd recommend people look at that if they want a bit more of the background. |
| 1:18.0 | Essentially, the historical detail shows that for a hundred years China was carved up and |
| 1:28.9 | fucked up and dominated by the imperialist powers, right? |
| 1:34.0 | Even with the Versailles Treaty after the First World War, |
| 1:38.0 | the major powers told China to get lost, |
| 1:41.0 | we're going to hand a bit of your country over to the Japanese and we're |
| 1:45.5 | going to let different other countries do what the hell they like, right? |
| 1:50.0 | And it was only with China having a successful revolution by 1949, that they managed to get rid of what they call, you know, a hundred years of domination, |
| 2:09.1 | right? Basically, since the Brits screwed them up with the opium was you know from the |
| 2:17.2 | 1940s and in the process you up grabbing Hong Kong. |
| 2:25.8 | So what the crap were Hong Kong and actually this is a little aside here but |
| 2:30.8 | all the garbage about Hong Kong democracy the Brits couldn't give us |
... |
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