Why is the United States waging economic war on China? Ben Norton discusses how China became the world's industrial superpower and a leader in important technologies, why the US is unable to compete, and the clash between Western neoliberal capitalism and Chinese socialism.
VIDEO: https://youtube.com/watch?v=c3ngd__0ok0
China is now the 'world's sole manufacturing superpower': https://geopoliticaleconomy.com/2024/01/31/china-world-manufacturing-superpower-production/
Topics
0:00 Bipartisan US economic war
2:19 China is world's #1 manufacturer
4:28 Clash of systems
6:29 Elon Musk laughed at Chinese competitors. Now they're beating him.
9:27 TikTok: Why US wants to ban it
10:56 EU threatens tariffs on China
11:20 West's hypocrisy on climate change
12:25 Solar panels: China installs more than rest of world combined
13:46 Clean energy is top driver of China's growth
14:56 China leads world in green transition
16:57 Neoliberal West can't outcompete China's state-led industrial development
18:27 The death of "free market" dogma
20:31 The myth of "free trade"
23:23 US opposes industrial policy when China does it
29:10 "Washington Consensus" failed, Washington admits
38:01 Ronald Reagan's trade war on Japan
43:25 Outro
