One of the main goals of the US political and economic system is to protect corporate monopolies. Silicon Valley Big Tech corporations fear Chinese competitors, so the US government is trying to ban them. Political economist Ben Norton explains how imperialism works, and what drives Washington's Cold War Two against China.
Topics
0:00 US government seeks political monopoly
0:51 Billionaire Peter Thiel defends monopolies
2:53 (CLIP) Peter Thiel: "competition is for losers"
3:18 Cold War Two against China 4:49 Uber's monopolistic business model
9:18 Corporate lobbyists & donors
10:02 Trump admin opposes antitrust cases
12:12 Money buys US politics
13:42 Trump backs billionaire Big Tech oligarchs
15:45 Trump green-lights white collar crime
17:35 Trump promotes bribery & corruption
19:30 USA wants to control global infrastructure
20:03 (CLIP) Trump threatens Panama Canal
20:14 BlackRock buys Panama Canal ports
20:36 (CLIP) Trump boasts of BlackRock deal
21:00 Trump helps BlackRock buy up ports
21:58 Second Cold War on China
22:23 US Big Tech targets TikTok
24:14 DeepSeek & Chinese AI competitors
25:00 OpenAI CEO Sam Altman
26:14 US states ban DeepSeek
26:57 Anthropic CEO Dario Amodei
27:29 US AI companies lobby to ban competitors
28:37 Silicon Valley seeks "unipolar world"
30:23 Biden's chip export restrictions on China
31:09 USA seeks to stop China's innovation
31:57 Biden's tariffs on China
33:55 How imperialism works
34:45 Global value chain (division of labor)
36:20 USA wanted China to stay subordinate
37:50 VP JD Vance wants Global South on bottom
38:45 (CLIP) JD Vance on China & value chain
39:30 Industrial policy: Made in China 2025 plan
41:32 China enters commercial aircraft industry
42:14 US politicians lobby to ban China's Comac
43:58 How Boeing was destroyed by finance bros
45:47 How Jack Welch ran GE into the ground
46:39 Boeing attacked unions & skilled labor
47:56 Boeing CEO was Blackstone exec
48:51 Boeing prioritizes stock buybacks, not R&D
50:17 Private equity is "looting America"
51:22 Goal of Washington's new cold war
52:11 Outro
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