What's going on in China? Protests, zero Covid shift, Middle East visit challenges petrodollar
In this joint stream of Multipolarista with Ben Norton, the Left Lens with Danny Haiphong, and Friends of Socialist China with Carlos Martinez, we discuss the latest developments in China, including:
- the government's response to protests,
- relaxation of its zero-Covid policy,
- President Xi Jinping's historic visit to the Persian Gulf,
- Beijing's plan to buy oil and gas in its currency the yuan, directly challenging the petrodollar ... https://www.youtube.com/watch?v=RdeeeTdwVDw
Ben Norton is joined by journalist Marlon Ettinger to discuss how the right wing has tried to infiltrate and co-opt the anti-war movement while supporting US imperialism, looking at Tucker Carlson, Donald Trump, and Tulsi Gabbard.
We analyze the same phenomenon in France, where far-right politicians Marine Le Pen and Éric Zemmour superficially criticize war while advocating to strengthen French imperialism.
And we explain the deceptive tactics of the fascist cult of Lyndon LaRouche.
Also see our past episode "Exposing the neocon 'right-wing populism' scam, from Trump to Tucker Carlson": https://youtube.com/watch?v=_QHoW8Vf8wg
Marlon's blog: https://footnotesnews.substack.com
Follow Marlon on Twitter: https://twitter.com/MarlonEttinger
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https://www.youtube.com/watch?v=DH_8lQTijjg
Global South countries making up 80% of the world population called to transform the "unfair international economic order" at the G77+China summit in Cuba.
Topics
0:00 Introduction
1:19 G77 vs G20 vs G8 vs G7
7:06 G77+China statement
18:17 Speech by Cuba's President Díaz-Canel
43:46 Speech by Nicaragua's President Daniel Ortega
49:44 Outro
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https://www.youtube.com/watch?v=A4I5bLlip5Y
Benjamin Norton looks at declassified documents from Operation Northwoods, in which the CIA and US military planned to carry out false-flag terrorist attacks and blame them on Cuba's revolutionary government in order to justify an invasion and regime change.
(This video was originally published on November 15, 2021.)
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https://www.youtube.com/watch?v=mc9X6o8QJ0k
What is "socialism with Chinese characteristics," and how does it differ from Western neoliberal capitalism? Economist John Ross, who has taught in China and written books about its economy, explains.
Follow John on Twitter: https://twitter.com/JohnRoss43
Please support this show at https://www.patreon.com/multipolarista
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https://www.youtube.com/watch?v=2wJwhkRz4Lk
Multipolarista host Benjamin Norton is joined by journalist Asa Winstanley to discuss Operation Gladio, the NATO "stay behind" networks in which the CIA and other Western intelligence agencies recruited, armed, and trained former Nazis, other fascists, and right-wing terrorists to wage a war on the left.
Read and support Asa's reporting at his Substack: https://asawinstanley.substack.com
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Political economists Radhika Desai and Michael Hudson discuss the massive explosion of debt in the US and around the world, and how neoliberal economics leads to large bubbles based on speculation and asset-price inflation.
You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
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https://www.youtube.com/watch?v=A63afuvkbmk
The European Union’s top diplomat, Josep Borrell, admitted that the “era of Western dominance has indeed definitively ended”. He warned that the EU must not divide the world into “the West against the Rest”, as “many in the ‘Global South’ accuse us of ‘double standards’”. Ben Norton analyzes the historic shift.
Sources and more information here: https://geopoliticaleconomy.com/2024/02/26/western-dominance-ended-eu-josep-borrell/
Related videos:
- EU confesses 'our prosperity was based on China & Russia': cheap energy, low-paid labor, big market: https://youtube.com/watch?v=ajIRkk1FOkM
- West votes against democracy, human rights, cultural equality at UN; promotes mercenaries, sanctions: https://youtube.com/watch?v=qyl2JsTTOVs
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Malaysia’s longest-serving Prime Minister Mahathir Mohamad warned that the US is trying to start a war with China over Taiwan. He also explained how imperialism is rooted in capitalism and detailed its economic exploitation of the Global South.
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https://www.youtube.com/watch?v=1xUV4qT97TI
Washington accuses China of producing too many goods and demands "free market" policies. But the US government is spending trillions on industrial policy to protect its own manufacturing sector. Ben Norton details the hypocrisy of the allegations, the latest strategy in the US economic war on China.
Topics
0:00 Intro
1:00 Chinese 'overcapacity' allegations
3:38 Janet Yellen
5:21 US vows to 'slow down China's rate of innovation'
8:02 Elon Musk begs for tariffs on Chinese EVs
10:40 US wants China to be economically subordinated
12:27 US tech war on China
14:39 Western industrial policy
16:31 Protectionism
18:38 US Inflation Reduction Act
20:12 US Chips Act
22:03 US undercapacity is the real problem
25:11 BYD has just 1.5% of EU EV market share
27:04 China's car exports vs Japan & South Korea
30:37 Is overcapacity a problem?
32:39 Outro
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https://www.youtube.com/watch?v=GUpWxNcdnYU