The U.S. China Decoupling Myth
Economic Update with Richard D. Wolff
Democracy at Work
4.8 • 1.9K Ratings
🗓️ 9 January 2024
⏱️ 29 minutes
🧾️ Download transcript
Summary
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[EU S14 E1] The U.S. China Decoupling Myth
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Happy New Year! For our first Economic Update of 2024, Professor Richard Wolff discusses the myth of the current narrative of the United States disconnecting itself economically from the Republic of China If you haven't already, please subscribe to our channel, follow us on social media and of course be sure to sign up on our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so. You can support our work by joining our
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Transcript
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| 0:00.0 | Welcome friends to another edition of Economic Update, a weekly program devoted to the economic dimensions of our lives and those of our children coming down the road behind us. I'm your host Richard Wolf. |
| 0:25.0 | Before I begin, as usual, I want to remind you all that we have a wonderful |
| 0:30.8 | volunteer, Charlie Fabian, who is ready and willing to process any |
| 0:36.2 | suggestions you have as to material for us to cover items to look at for potential bases of segments of this show. |
| 0:46.0 | You can reach him at any time, email, here we go, |
| 0:50.0 | Charlie. |
| 0:52.0 | info 438 at gmail.com |
| 0:58.0 | Charlie spelled chalar l-E Charlie dot info 438 at gmail.com. |
| 1:08.6 | I want to devote today's program to something that has been in the air now for several years, getting all kinds of attention |
| 1:16.8 | from the President of the United States and the leaders around the world on down to all the rest of us. |
| 1:25.0 | It is something claimed to be going on. |
| 1:29.0 | It is also sometimes claimed to be the goal of the policies of the United States, China, and other |
| 1:38.8 | parts of the world. |
| 1:41.0 | It has a name. |
| 1:42.4 | It's called decoupling. And here's the idea that once upon a time over recent decades |
| 1:51.2 | we had what was called globalization, a kind of global, |
| 1:58.0 | reconstruction, you might even say, of the economy, |
| 2:04.0 | where we all became interdependent, one upon the other, |
| 2:08.1 | every corner of the world tied in, LinkedIn, |
| 2:11.6 | intertwined with every other. |
| 2:15.0 | And with that background, the argument goes, |
| 2:19.0 | we are now in what might also be called the opposite of globalization, namely decoupling, disconnecting |
... |
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