Prof Wolff speaks on the growing economic tensions between the United States and China, and how economic wars tend to turn into military wars. He asks each of us to think creatively to avoid this situation and find a diplomatic solution.
"If you're really going to put your Navy in the South China Sea right next to them, if you're going to arrest executives in their companies, if you're going to ban Chinese companies from listing their shares on the stock market (or at least talk about it), if you're going to hit them with tariff wars and trade wars and you know all the rest, you're waging economic war. And you're smart enough to know that in the past economic wars have a nasty habit of disintegrating into military wars. You have to know that." - Richard Wolff
This is a clip from the September 2022 Global Capitalism Lecture: China vs. US - System Rising vs. Falling
You can watch the full lecture here: [ Ссылка ]
Or listen to it as a podcast on your favorite podcast player!
______________________________________________________________________________________
We make it a point to provide the show free of ads. Please consider supporting our work.
Join our Patreon community: [ Ссылка ]
Become a monthly donor via our website: [ Ссылка ]
_______________________________________________________________________________________
Learn more about d@w's NEW BOOK by award-winning print and broadcast journalist Robert "Bob" Hennelly.
Stuck Nation: Can the United States Change Course on Our History of Choosing Profits Over People? [ Ссылка ]
“Hennelly brilliantly analyzes our capitalist crises and how individuals cope with them, tragically but often heroically. He helps us draw inspiration and realistic hope from how courageous Americans are facing and fixing a stuck nation.”
- Richard D. Wolff
