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Global De-Dollarization, Tucker's Departure, War With China PART I (w/ Ben Norton)

Journalist Ben Norton, editor of the Geopolitical Economy Report, joins to talk de-dollarization, whether Tucker's departure from Fox is a loss for the left's ability to have left issues platformed to a mainstream audience, war with China, and more. This was such an epic convo we're making it a two parter. Check out the second half next Monday. Subscribe to Bad Faith on YouTube to access our full video library. Find Bad Faith on Twitter (@badfaithpod) and Instagram (@badfaithpod). Theme by Nick Thorburn (@nickfromislands)

Comments

Anonymous

Thanks Ben, never got a better explanation for the dedollarisation in a very comprehensive way. Now I can finally send it to some friends in just "one link". This issue is discussed in some English media, but not in Germany. And it will impact the EU for sure, too.

J Kepler

Suggestion: The topic of this episode should be repeated at least two or three more times with a different guest each time. It's important for lefties to understand the political economy and international political economy because it's the world in which we actually live. And we can't change the world without understanding why things happen they way they do. Mainstream neoclassical economics obscures or actively suppresses the reality of the international financial capitalist system. I have only one quibble with the guest's claims. He's right about everything except "in the 90s the US tried to remake the world in its image." Nope. The US tried to make the world safe for American financial capital. That is what neoliberalism is. Neoliberalism is a set of policies designed to put the profits of financial capitalism above everything else. Neoliberalism IS austerity. Neoliberalism doesn't even put industrial capitalism first. Industrial capitalists can get big profits under neoliberalism. But the industrial capitalists are the junior partners of the financial capitalists (the big commercial and investment banks). Suggestion for the next guest to talk about this: Clara Mattei. Her latest book is The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism. Yeva Nersisyan and bringing back Fadhel Kaboub would be great for expanding on political economy generally. Dirk Ehnts is a great expert on the EU. Quinn Slobodian is a great historian of neoliberalism.

Anonymous

OMG! OMG! I have not listened yet but I’m so excited! Ben Norton is an amazing journalist!!! I’m so glad he’s on Bad Faith!!! OMG! OMG! I’m fanboying so hard right now. I don’t care who knows it

Anonymous

Please have on Aaron Good and Seamus McGuiness!!!

Anonymous

American Exception Pod

Anonymous

Great questions and great answers! Loved every minute of your show with Ben. Thank you.

Anonymous

You cut it off in the middle of that Tucker Carlson conversation. Would love to hear his answer to that question.

Anonymous

can't wait for part 2! Excellent episode, Thanks Bri and Ben

A.S.

Amazing! Appreciate your beautiful minds

Anonymous

https://www.currentaffairs.org/2021/01/how-the-left-can-oppose-the-uyghur-genocide "Meanwhile, ordinary Muslims, increasingly aware that the Uyghurs are being targeted specifically as Muslims, are taking action. Leftists have a duty to support them. Muslims in Indonesia, Malaysia, and across Central Asia and Russia are beginning to mobilize around this issue, and calling their own states to account for their inaction...everyday items like Nike sneakers, iPhone cameras, and the screens used in smartphones, tablets, and computers are all made by Uyghurs in forced labor camps. Multinational corporations’ complex supply-chains make it difficult to establish direct culpability, but it is widely known that the Chinese government regularly subjects Uyghurs to forced labor regimes, forcing them to work at factories across China against their will and for below-subsistence wages after their release from detention camps. These factories in turn supply goods to many European and North American companies, especially clothing manufacturers and the tech industry. At present, roughly 20 percent of all the world’s cotton is produced in Xinjiang. Even products few would associate with forced labor, such as tomato paste, have links to these detention camps. Among the major U.S.-based brands that depend on products produced in Xinjiang are Nike, Apple, Microsoft, Gap, and Calvin Klein...In 2017, the Business & Human Rights Resource Centre asked a number of multinational corporations to clarify their supply chains after they had ignored requests made by ASPI when drafting their report. The list of offending companies included Abercrombie & Fitch, Adidas, Amazon, BMW, Gap, H&M, Inditex, Marks & Spencer, Nike, North Face, Puma, PVH, Samsung and UNIQLO, Apple, Esprit, and Fila...The surveillance apparatus that China has developed for monitoring and persecuting its Uyghur population involves technologies such as facial recognition that have captured the interest of U.S. corporations as well. Ironically, this surveillance apparatus has been built with the help of U.S. behemoths such as IBM and Google. State surveillance is big business, after all."

Caterina Strambio De Castillia

The idea of Uygur's genocyde has no base in reality. It is a bunch of lies constructed to discredit China, similar to all the lies that were used to justify a series of wars of aggression from the US. 1) Korea: the North Korean conducting massacres that were in reality conducted by the US and UN. 2) First Gulf War: babies dragged out of incubators. 3) Lybia: soldiers given Viagra to go in and rape entire cities; and so on! If you still trust the government on these lies then I have a bridge to sell you.