Guest
The world economy is structured in an unjust way in which the West drains the wealth of the Global South. Ben Norton discusses the economics of imperialism - and how China has partially reversed it. China is now the 'world's sole manufacturing superpower'. How did it develop so fast?: Topics 0:00 Global inequality 1:45 The China exception 3:01 World-systems analysis 4:37 Prebisch-Singer thesis 6:55 Dependency theory & commodity supercycles 8:27 Unequal exchange 11:01 Haiti & Honduras: Wage suppression in the periphery 13:57 New International Economic Order 15:22 China & the Asian Tigers 19:27 The Global South rebels 22:41 South Africa's President Ramaphosa on industrialization 25:13 Indonesia's economic development 26:34 (Neo)colonialism in Indonesia 29:29 Indonesia bans raw mineral exports 32:18 Protectionism (for the West, not for the rest) 37:38 China helps Indonesia industrialize 42:04 The myth of Chinese “imperialism“ 43:04 India's economy vs. Indonesia's 46:41 China's South-South integration 49:33 Outro || Geopolitical Economy Report || Please consider supporting us at Patreon: Podcast: Newsletter:
