Geopolitical Economy Report20 Aug 2025

What drives US politics and the new cold war on China? Monopolies

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. VIDEO: https://www.youtube.com/watch?v=9EVwFJ7sM6c 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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