October 29, 2022

The New Cold War with Ben Norton

1 hour 3 minutes

“We have to understand neoliberalism as a particular phase of capitalism dominated by US imperialism. So let's start with the last point I mentioned: regime change operation. Any country around the world, any government that tries to have state oversight over the economy opposing neoliberalism was overthrown through regime change.”

Ben Norton’s journalism, according to his bio, focuses primarily on US foreign policy and geopolitics, but that description doesn’t do him justice. If any of our listeners are under the illusion the US government serves a purpose other than making the world safe for neoliberal monopoly capitalism, this episode is for you. If you believe neoliberalism is driven by bad ideas, this episode is for you.

Ben and Steve discuss Lenin’s prescience in ‘Imperialism, the Highest Stage of Capitalism,’ writing about the predatory nature of finance capital a full century ago. But finance capital in 1916 was a far cry from that of today:

“No one in 1916 could have imagined the level of financialization of the economy, especially the US economy – and also deindustrialization. Let's not forget that deindustrialization is something quite new in the history of capitalism. This is something that really emerges with the rise of neoliberalism, especially starting in the '70s, going into the '80s forward and this neoliberal phase of globalization.”

As the mainstream media is getting our minds prepped for war, we would do well to revisit some of the other ‘enemies’ in our recent past. They all had one thing in common. It had nothing to do with some crazy evil dictator threatening US national security.

Ben Norton is a journalist, writer, and filmmaker. His journalism focuses primarily on US foreign policy and geopolitics. He is based in Latin America and speaks English and Spanish.

@BenjaminNorton and @Multipolarista on Twitter

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By Steven D Grumbine