

U.S. Microchip Trade War on China: All About Corporate Profits, Not Workers
May 24, 2023
Prof. Richard Wolff discusses the U.S. microchip trade war against China, highlighting the consequences of major U.S. sanctions and China's retaliation. The podcast explores the implications for the high tech industry, the shift from neoliberalism to protectionism, and the decline of the American Empire in the new Cold War.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
The Conflict over Microchip Trade between the United States and China
02:04 • 3min
Shifting Global Economic Power
04:54 • 7min
The Shift from Neoliberalism to Protectionism: A Capital-Driven Transformation
12:21 • 8min
The Decline of the American Empire and the Limits of Strong-Arm Tactics
20:11 • 6min