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Trickle-Down Socialism

Pat Donohue, Dan Goldsbury, and C$ Burns

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Welcome to Trickle-Down Socialism, where we discuss how the US currently has a system of socialism for the super rich and corporations, we try to defang the term “socialism” and explore how government, with a major shift in priorities, could be a force for good in all of our lives. Capitalism kills, economic justice, campaign finance reform, Progressive politics, Labor Unions, Labor Movement Support this podcast: https://podcasters.spotify.com/pod/show/trickledownsocialism/support
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The US vetoed a resolution in the UN Security Council that called to recognize Palestine as a member state, while Israel launched attacks on Iran. Ben Norton shows how Washington is opposing peace.VIDEO: https://www.youtube.com/watch?v=VndvgbR51D4Topics0:00 Intro1:29 Israel attacks Iran4:39 US vetoes Palestinian UN membership7:31 What is Palestine'…
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A major Congress member and top former Trump administration official published an article calling to overthrow China's government. They boasted that the US is waging a new cold war and must win it, while proposing a military budget of $1.4 trillion per year. Ben Norton debunks the deceptions of the warmongers in Washington.VIDEO: https://youtube.co…
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Israel attacked Iran's embassy in Syria on April 1, in a blatant act of war. Iran had a legal right to respond in self-defense, according to article 51 of the UN Charter, which is exactly what it did by launching missiles and drone strikes on April 13. But Western governments are absurdly portraying Tehran as the aggressor. Ben Norton explains.VIDE…
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Washington accuses China of producing too many goods and demands "free market" policies. But the US government is spending trillions on industrial policy to protect its own manufacturing sector. Ben Norton details the hypocrisy of the allegations, the latest strategy in the US economic war on China.VIDEO: https://youtube.com/watch?v=GUpWxNcdnYUTopi…
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Political economists Radhika Desai and Michael Hudson analyze how the United States is waging an economic war against China.VIDEO: https://youtube.com/watch?v=4l3EbRUOGsITranscript: https://geopoliticaleconomy.com/2024/04/09/us-waging-economic-war-china-radhika-desai-michael-hudson/You can watch other episodes of their program Geopolitical Economy …
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In the United Nations Human Rights Council, the West voted against the rest of the world, supporting illegal sanctions (known as unilateral coercive measures). Ben Norton analyzes how the 14% of the population in the Global North constantly opposes the Global South, representing the Global Majority.VIDEO with maps and graphics here: https://youtube…
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Argentina's libertarian President Javier Milei ordered his intelligence agency to give full power to the CIA, while the US spy agency's director is welcomed to Buenos Aires. Ben Norton discusses how self-declared "anarcho-capitalist" Milei withdrew from BRICS, allied with Israel, and is implementing neoliberal shock therapy, selling off the South A…
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The US government has sent troops to Taiwan, just a few kilometers from mainland China, while also selling billions of dollars of weapons and military equipment. Is Washington preparing for war? Ben Norton analyzes the geopolitical situation.VIDEO: https://youtube.com/watch?v=sWWABuHjSvUAfter Ukraine, US readies ‘transnational kill chain’ for Taiwa…
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Israel is carrying out genocide against the Palestinian people and "systematic destruction of every aspect necessary to sustain life in Gaza", United Nations Special Rapporteur Francesca Albanese detailed in her report titled "Anatomy of a Genocide". Ben Norton analyzes the political context.VIDEO: https://youtube.com/watch?v=o4e4fI_r3b0…
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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 tried to reverse it.VIDEO: https://youtube.com/watch?v=PlAN5-Lk0hwChina is ‘world’s sole manufacturing superpower’, with 35% of global output: https://geopoliticaleconomy.com/…
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Political economists Radhika Desai and Michael Hudson are joined by Beijing-based scholar Mick Dunford to discuss China's economy and debunk Western media myths, addressing accusations that consumption is too low, fears of "Japanification", the role of exports, and the new Chinese growth strategy.VIDEO: https://youtube.com/watch?v=isJR5dS27qAThis i…
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The US government's plan to either ban TikTok or force owner ByteDance to sell it to a (US) company is part of Washington's economic war on China, and an attempt to protect Big Tech monopolies in Silicon Valley. Ben Norton explains.VIDEO: https://youtube.com/watch?v=1I7reuh86CMSources and links here: https://geopoliticaleconomy.com/2024/03/18/us-ti…
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Several reports in mainstream US media outlets show how the CIA has helped to direct the proxy war against Russia in Ukraine, and played a role in causing the conflict in the first place. Ben Norton examines the evidence.VIDEO: https://youtube.com/watch?v=C-PdT8ZUamQUS govt knew NATO expansion to Ukraine would force Russia to intervene: https://geo…
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Political economists Radhika Desai and Michael Hudson are joined by Beijing-based scholar Mick Dunford to discuss what is actually happening in China, explaining its economic transition and move toward a new industrial revolution.VIDEO: https://youtube.com/watch?v=3K1Vku1SDd8You can watch other episodes of their program Geopolitical Economy Hour he…
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The US government has sent Israel more than 100 arms shipments since October 7, to help it bomb Gaza. Polls show 52% of North Americans oppose these weapons sales. Biden is defying the Democratic Party's base, while allying with Trump and the Republicans. Ben Norton reviews the evidence.VIDEO: https://youtube.com/watch?v=Yoj8Sleb9XQUS kills 4th UN …
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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__0ok0China is now the 'world's sole…
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The European Union’s top diplomat, Josep Borrell, admitted that the “era of Western dominance has indeed definitively ended”. He warned that the EU must not divide the world into “the West against the Rest”, as “many in the ‘Global South’ accuse us of ‘double standards’”. Ben Norton analyzes the historic shift.VIDEO: https://youtube.com/watch?v=PVS…
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Political economists Radhika Desai and Michael Hudson discuss the rhetoric and reality of Bidenomics, and how good US President Joe Biden really was for the economy.VIDEO: https://youtube.com/watch?v=Xwht64COz2QTranscript: https://geopoliticaleconomy.com/2024/02/28/bidenomics-economy-radhika-desai-michael-hudson/You can find other episodes of their…
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The Western media showed its extreme bias by whitewashing the fatal protest of US airman Aaron Bushnell, who set himself on fire outside Israel's embassy in Washington, DC while shouting "Free Palestine!" and "I will no longer be complicit in genocide!". Ben Norton contrasts the press' coverage of Russia, showing clear double standards.VIDEO: https…
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Many Latin American countries have accused Israel of genocide against the Palestinian people, even comparing it to Nazi Germany. Ben Norton explains the responses of Argentina, Bolivia, Brazil, Chile, Colombia, Cuba, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Peru, and Venezuela.VIDEO: https://youtube.com/watch?v=63Zj691F8IwTopic…
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The United States used its veto power to block a fourth UN Security Council resolution that called for a humanitarian ceasefire in Gaza. The Biden administration keeps sending weapons to Israel, helping it violate an International Court of Justice (ICJ) ruling that says Netanyahu must respect the Genocide Convention and stop killing Palestinians. B…
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NATO's new cold war on Russia and China is destroying Germany's industrial base, devastating Europe's economy, and destabilizing its politics, fueling the rise of the far-right, as neoliberal austerity policies exacerbate the ongoing recession. Ben Norton analyzes the evidence.Links:- EU confesses ‘our prosperity was based on China & Russia’: cheap…
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Why are countries seeking alternatives to the US dollar? And what role can central bank digital currencies (CBDCs) play in dedollarization? Ben Norton explains how China is using the e-yuan (e-CNY) in new institutions like the mBridge system.VIDEO: https://youtube.com/watch?v=v61dgvN81n0US Congress plots to save dollar dominance amid global de-doll…
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Russian President Vladimir Putin condemned the "boogeyman" anti-China propaganda that Trump ally Tucker Carlson spewed in his interview in Moscow, while also mocking Tucker for applying to join the CIA. Ben Norton documents the former Fox News host's long history of pushing for war on China.VIDEO: https://youtube.com/watch?v=JzEc5GbSbIUSources and …
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Political economists Radhika Desai and Michael Hudson discuss realistic alternatives to the neoliberal model of financialization, and tangible policies to build a productive, sustainable economy.VIDEO: https://youtube.com/watch?v=o2HTc8yA4mITranscript: https://geopoliticaleconomy.com/2024/02/09/economic-solutions-neoliberalism-radhika-desai-michael…
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CIA Director William J. Burns published an article demonizing China and Russia as top "threats", boasting that the Ukraine war helps the US economically and geopolitically, and warning Taiwan could be next. Ben Norton explains the context.VIDEO: https://youtube.com/watch?v=uDv4KsLXua8Sources and more information here: https://geopoliticaleconomy.co…
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Reports reveal that the US Drug Enforcement Administration (DEA) used known criminals to spy on and destabilize the left-wing governments in Venezuela, Mexico, and Bolivia. Ben Norton reviews the scandalous evidence detailing Washington's corrupt meddling in Latin America.VIDEO: https://youtube.com/watch?v=5q2531l5Y5MLinks:- Trump boasts he wanted …
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US President Joe Biden and Western media pundits echoed Israel's disinformation casting doubt on the Palestinian health ministry death toll in Gaza, but Israeli intelligence officials have admitted it is accurate. Ben Norton looks at the evidence.VIDEO: https://youtube.com/watch?v=Dbj1GNT3MjkDespite Biden’s claims, Gaza health ministry death toll i…
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"China is now the world’s sole manufacturing superpower", a mainstream European think think has acknowledged. Ben Norton explains China's historic growth and development model, and how the Chinese socialist market economy works.VIDEO: https://youtube.com/watch?v=WnDWr2YLBgISources and more information here: https://geopoliticaleconomy.com/2024/01/3…
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The historic decision by the UN's International Court of Justice (ICJ) that Israel may be violating the genocide convention is a victory for the Palestinian people, and Global South as a whole, after centuries of Western colonialism. Ben Norton analyzes the implications.VIDEO: https://youtube.com/watch?v=wOBqJfsm3VIWhy does the US support Israel? A…
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Israel has lost support in 42 of 43 countries polled, with an 18.5% drop in favorability worldwide, as it wages a brutal war on Gaza and faces charges of genocide at the International Court of Justice. Ben Norton analyzes the findings.VIDEO: https://youtube.com/watch?v=nMRBYzNtUcUCheck out our related reports:- French ambassador: US ‘rules-based or…
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The US government is preparing a "sustained military campaign" in Yemen, according to the Washington Post. Why is Biden waging this war? Who are the "Houthis"? Why is Saudi Arabia urging "restraint"? What is Israel's role? Ben Norton explains.VIDEO: https://youtube.com/watch?v=OQT5GvayQlYCheck out our related reports:- US bombs Yemen, Iraq & Syria.…
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The world's richest 1% own 43% of global financial assets, and the wealth of the top five billionaires has doubled since 2020, while 60% of humanity got poorer, according to a report by Oxfam, published to coincide with the World Economic Forum meeting of capitalist oligarchs and Western government officials in Davos, Switzerland. Ben Norton analyz…
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The US military is attacking Yemen, Iraq, and Syria, while Israel bombs Gaza and Lebanon. Both are threatening Iran. Is a huge regional war coming? Ben Norton explains the dangerous situation in the Middle East.VIDEO: https://youtube.com/watch?v=G0uXnxBWG-QCheck out our related video "Who are Yemen's 'Houthis'? Why are they attacking Israel-bound s…
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Political economists Radhika Desai and Michael Hudson discuss the massive explosion of debt in the US and around the world, and how neoliberal economics leads to large bubbles based on speculation and asset-price inflation.VIDEO: https://youtube.com/watch?v=A63afuvkbmkYou can watch other episodes of their program Geopolitical Economy Hour here: htt…
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The expanding BRICS bloc and many Global South countries are trying to de-dollarize, diversifying their foreign exchange reserves and trading with local currencies, due to the threat of US sanctions and rising Fed interest rates that make it difficult to service dollar-denominated debt. Ben Norton explains.VIDEO: https://youtube.com/watch?v=qT8IwbT…
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Three of the four largest banks crashes in US history took place in 2023, and the government printed hundreds of billions of dollars to bail out their rich uninsured depositors.VIDEO: https://youtube.com/watch?v=wiaqlhenHOIRead more here: US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs: https://geopoliticaleconomy.…
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Western media outlets have absurdly claimed China's economy is collapsing, due to a crisis in the real estate sector. But in reality, this is part of an intentional transition away from infrastructure, toward more investment in technological production. Ben Norton explains.VIDEO: https://youtube.com/watch?v=VlXUy65hqv4Check out our related video "H…
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These were the most important geopolitical and economic issues of 2023, including the wars in Gaza and Ukraine, US-China tensions, BRICS expansion, growing de-dollarization, inflation crisis, crypto fraud, bank crashes, European de-industrialization, and more. Journalist Ben Norton reviews the chaotic year.VIDEO: https://youtube.com/watch?v=nA9qSH6…
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Is Israel's war on Gaza expanding into a regional conflict? Why is Yemen attacking ships in the Red Sea? What are the roles of Iran and Saudi Arabia? Journalist Ben Norton analyzes the geopolitics of the crisis.(This analysis features many maps, so watching the video is recommended.)VIDEO: https://youtube.com/watch?v=C-YjyCjH7SA…
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Western sanctions over the Ukraine war have backfired, rapidly de-industrializing Europe while accelerating Russia's economic integration with Asia. Journalist Ben Norton explains the historic changes.VIDEO: https://youtube.com/watch?v=DkuKnYdtW9wEU confesses ‘our prosperity was based on China & Russia’: cheap energy, low-paid labor, big market: ht…
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Despite US President Biden's claims to the contrary, the Gaza death toll reported by the Palestinian health ministry is accurate, according to peer-reviewed articles by scientists in leading medical journal The Lancet. Meanwhile, Israel is massacring civilians - including some of its own.VIDEO: https://youtube.com/watch?v=faNjI2bIIpc…
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Political economists Radhika Desai and Michael Hudson discuss neoliberalism, and the premature predictions about its demise.VIDEO: https://youtube.com/watch?v=1cApt5QVpWITranscript: https://geopoliticaleconomy.com/2023/12/15/neoliberalism-dead-radhika-desai-michael-hudsonYou can watch other episodes of their program Geopolitical Economy Hour here: …
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The US military has illegally occupied Syrian sovereign territory since 2014, preventing Damascus from accessing its own oil and wheat fields. The Senate voted 13-84, rejecting a resolution to withdraw US troops. Journalist Ben Norton analyzes the situation.VIDEO: https://youtube.com/watch?v=UyZb-DKR1fwSources and links here: https://geopoliticalec…
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The US government has paralyzed the United Nations, voting against the rest of the world and preventing peace in Gaza by vetoing three different resolutions in the Security Council. Meanwhile, Washington continues selling weapons to Israel. Journalist Ben Norton explains the scandal.VIDEO: https://youtube.com/watch?v=mD9AQfperGcCheck out our relate…
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The US Congress is backing Israel's plan to ethnically cleanse Gaza and expel the indigenous population to Egypt, Turkey, Iraq, and Yemen. Meanwhile, Israel kills 700 Palestinians per day, with billions of dollars worth of US weapons.VIDEO: https://youtube.com/watch?v=GwGtcl3q2xwBy Ben Norton
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Russia wanted to sign a peace deal with Ukraine in March 2022, but NATO countries sabotaged it, according to Germany's former Chancellor Gerhard Schröder and the parliamentary faction leader of Zelensky's political party, Davyd Arakhamia. Journalist Ben Norton reviews the evidence.VIDEO: https://youtube.com/watch?v=TkpKx6oMN0sCheck out our related …
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Political economists Radhika Desai and Michael Hudson discuss the fracturing international order between the NATO/West bloc and the Global Majority, analyzing Israel's war on Gaza, Ukraine's defeat in the proxy war against Russia, and the rise of the far-right in Argentina and Europe.VIDEO: https://youtube.com/watch?v=Io0H1i7Xf8sYou can watch other…
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The West voted against the rest of the world on United Nations General Assembly resolutions, opposing democracy, human rights, and cultural diversity, while supporting mercenaries and unilateral coercive measures (sanctions).VIDEO: https://youtube.com/watch?v=qyl2JsTTOVsLinks, graphics, and more information here: https://geopoliticaleconomy.com/202…
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