Jay Martin Show: Will Chin or US collapse first? Richard Wolff: ***** Nerizens Comments*****

DEBATE: Will China or the USA COLLAPSE first? [MUST WATCH] The Jay Martin Show 196K subscribers Subscribe 4.2K Share Download 97,652 views Sep 15, 2024 Today on the Jay Martin Show, Jay is joined by renowned economist and professor - Richard Wolff. Professor Wolff is the founder of Democracy at Work, host of Economic Update and teaches at the University of Massachusetts Amherst. In this interview we dive into the dynamics of U.S.-China competitiveness and explore the probable outcomes in the shifting global landscape. We compare the governance models of the three dominant powers over the past century: the Soviet Union's socialist system, the U.S.'s capitalist structure, and China's unique socialist-capitalist hybrid. A key focus is how China operates much like a corporation, with centralized vision and policy set by its leadership, while different levels of autonomy function similarly to executives, managers, and employees in a business. The Commodity University: https://thecommodityuniversity.com/ Sign up for my free weekly newsletter at https://jaymartin.substack.com/subscribe Be part of our online investment community: https://cambridgehouse.com / jaymartinbc / jaymartinbc / thejaymartinshow / cambridge-house-international 0:00 - Intro 1:06 - U.S. - China Competitiveness 10:05 - China's Hybrid Economic System Explained 15:23 - Centralized vs. Decentralized Economies 17:13 - U.S., Soviet Union, and China's Governance Models Compared 20:18 - China's Use of Western Technology 29:00 - Lessons from China’s Corporate-Like Structure 32:15 - The U.S. Military’s Global Role 39:20 - Economic Consequences of Brexit and U.S. Isolationism 49:12 - The Potential for a Multipolar Peaceful World 51:20 - Parallels Between U.S. Independence and China’s Rise 55:35 - The Future of Global Competition and Leadership Copyright © 2024 Cambridge House International Inc. All rights reserved. Chapters View all Music 1 songs Sunset n Beachz Ofshane Sunset n Beachz Music Transcript Follow along using the transcript. Show transcript The Jay Martin Show 196K subscribers Videos About Twitter Instagram 1,426 Comments Eng Lam Yeo Add a comment... @SilverFox-p8h 2 days ago Americans are so lucky, they for times since unknown, they don’t suffer wars from another country, yet they go around inflicting wars on so many. 371 Reply 41 replies @IanFong-mt4yp 2 days ago Never ever bet against China; they are BRICS and have the support of the global south (85% of world population).We in the west have enjoyed a high standard, high quality of life because of Made in China. While they want the world to prosper through cooperation, the U.S confronts, with economic and military wars. Imagine the increased prosperity of the worlds two greatest economies working together to also benefit many other countries. Thanks Richard and Jay for the incredible interview. 107 Reply 7 replies @asetiawan73 2 days ago As an indonesian 1st time visited USA in 1989 still in high school and think wow a great and advanced country, on the flight back home stop over in Hk and cross to china and see it as a poor country. Second time 2005 when to china on trade mission and I saw the economics boom changing shenzhen. Since then travel regularly to china, fast forward to 2022 the last time visited usa i can see which country is in decline and which winning 170 Reply 14 replies @xin8318 2 days ago I was born in the West and have been living in Hong Kong for 40 years. The first time I visited Mainland China was in 1988 and have done so every year since, except for during the pandemic. I have seen the miracle and it never ceases to amaze me. It amuses me to read the things prople say about China who have never been there. Professor Wolf’s analysis is spot on and one of the best I have ever heard. 329 Reply 17 replies @_Wai_Wai_ 2 days ago China in the early to mid 1800s was a large populated empire with around 400 million people and an economy around 25% of global gdp. Chinese silk, tea and porcelain were luxury goods that Europeans all wanted. European trade with China was pretty much a one way street, until the British managed to smuggle opium into China. If not for the devastating Taiping rebellion China would have been strong enough to resist Western invasions. 61 Reply 3 replies @ambconstrucao3770 2 days ago The Chinese are disciplined, hardworking, goal driven people. 280 Reply 16 replies @KC-lc8dx 2 days ago I can't even believe that you're even questioning this, just spent a week in California, note I lived there for years, filthy airports and public services, clearly in decline 209 Reply 14 replies @AnnieT369 2 days ago They are lunatics in Washington. 75 Reply 5 replies @pakjai5532 2 days ago Regrettably, the United States might be the first to face collapse. As an immigrant nation, it deals with social, racial, and religious challenges akin to those in Europe. The country also struggles with homelessness, drug abuse, and overwhelming national debt. Once vital, the manufacturing sector has diminished, resulting in lost competitiveness and declining sales. Successive governments have failed to address these issues, exacerbating the decline with nonsensical isolationist policies. 118 Reply 12 replies @theo7326 2 days ago The Chinese system is the best in the world for the everage people because they raised 840 million people out of poverty in 40 years that is an achievement never seen in the world. 110 Reply 7 replies @lc1668 2 days ago The difference between the two countries, is China gets the best persons as their leaders, USA does the opposite. 86 Reply 5 replies @dstnrunner 2 days ago I have traveled across China from east to west, north to south. Even in small towns in the far west or the north, there is a super modern bus/train station served by high speed train. The average Chinese urban resident who 30 years ago could barely afford a refrigerator, now travels to Paris and shops at Louis Vuitton. 214 Reply 59 replies @waichui2988 2 days ago To those who fantasize that China will collapse: I recommend that you get a different fantasy, a more pleasant fantasy. How about fantasizing yourself winning the lottery twenty times in a row? 189 Reply 25 replies @parttimethinker7611 2 days ago (edited) Most third world countries have 100% tariffs on imported cars for decades The tariffs never improved their manufacturing capabilities. Is America becoming a third world country? 56 Reply 3 replies @LL-rm8xt 2 days ago (edited) Jay, correction, century of humiliation was NOT caused by civil war in China, the civil war was a result of the century of humiliation. Century of humiliation was caused by the UK, France, Japan, US, etc trying to carve up China, look up the opium wars. Not sure if you were being disingenuous or just misinformed 22 Reply 1 reply @eduxvaii 1 day ago Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues. 207 Reply 5 replies @julians472 2 days ago Brilliant Show! Professor Wolff,Professor Sachs,and Professor Hudson are simply the best! 22 Reply @theo7326 2 days ago Richard Wolff is a exelent economist and very intelligent. 17 Reply @YCHTT 2 days ago This has nothing to do with China but on the part of US led West only. China can be substituted with another country and would have the same outcome. It is simply the outcome that an imperialist empire and its mafia gangs are going all their way to crash any possible rise of nations or a nation, in this case China, that have been successful with having alternatives to all form of its national developments (from economic, military, science, technologies etc.) without subservient to the imperialist system that has been imposed upon to the world. This main video should be focused on talking about why should US led West still being an imperialist empire and why it is constantly forcing every country to be subservient to it instead of being a responsible country and contribute to peace and human prosperity for all (and not the usual benevolence doublespeak bs). Anyone thinks otherwise are being so brainwash and indoctrinated about the core problem. Instead of trying to condemn the thieves, you are focusing on the victims. 23 Reply 2 replies @fatchiapk8706 2 days ago (edited) “What can carry you forward also can drag you down”-Chinese old saying is “Water can made a boat float also can made a boat sink…水能载舟 亦能覆舟”. 59 Reply 3 replies @birdpainter452 2 days ago One of the biggest factors not discussed to a larger degree is the cultural factor. Individuality is treasured in the US ( although fading fast) , in China, it’s the greater community. Because of that, there is a greater national unity in China to get things done. 25 Reply @AntiwarObserver 2 days ago (edited) In a nutshell, China is a socialist market economy, it's a mixed economy. The governmental structure facilitates centralized national planning and administration is decentralized at lower levels. Policy consultation comes through democratic processes at grass-roots level, bottom-up. China isn't anti-capitalists but capitalism is on a leash as the state doesn't allow capitalism to dictate the direction of the country. What you might find interesting the west learned a lot from the Chinese for centuries until the industrial revolution that spurred the west ahead, today the western companies that go to China are finding it difficult to compete with local companies, China has developed in many areas beyond what western companies can offer. 52 Reply 24 replies @dazedhavoc 2 days ago We can’t compete with the Chinese. 118 Reply 14 replies @Dikrad-bh5tm 2 days ago Hooray for my name sake professor Richard Wolff Far as I know he has not said one word wrong about America or China. Urrah, urrah, urrah!!! 27 Reply @anthonyhon2682 2 days ago My big thanks to Prof Wolff who opened my eyesight. Excellent insight indeed. 18 Reply @Radio39628 2 days ago 6:41 so, if we the citizens have to pay the tariffs, how does this hurt the Chinese. They are still getting their money 74 Reply 6 replies @PK-nb9ph 2 days ago (edited) Great guest (Janet yellen’s classmste!), and excellent content. In this chaotic world with great geopolitical tension, to NOT become the victim of fake news and propaganda, even from our long-trusted mainstream media unfortunately, it is ever more important to listen to guests like professor Wolff, who can give us the framework, context, and historical background to understand for ourselves what is really going on in the world. Thanks Jay!. (And please invite him back and more guests like him, professor Jeffery Sacks from Columbia University and Yanis Varoufakis, the ex- Greek finance minister, who recently just published a book ‘Techno Feudalism’, are two I can think of who are immensely knowledgeable and experienced.) 53 Reply 2 replies @valerietweedie4376 2 days ago Jay, I don't know if you will read this but I have to say, this is the very best interview you have ever given! And you give good interviews. You ask great questions and allow your guest to answer in detail. Well done! 47 Reply @soothsayer2406 2 days ago Awesome content and guest 37 Reply @Time4Peace 1 day ago The collapse of either country is not something to be celebrated. Both countries are intensively connected to the rest of the world. We cannot have the 'us vs them' mindset. China is not the enemy. It has repeatedly said that it wants to a friend and collaborate with any country (including the US) to grow together, to deal with poverty and other existential threats like climate change, AI and nuclear weapons. No nation, including the US, would like to be encircled by 200 or more hostile military bases, have its coastlines patroled regularly, threatened with sea blockade of its trade routes in the seas off its coastlines by regular hostile navy exercises. Even more critical is seeing a part of its country being armed and encouraged to go independent. And then branded as aggressive, expansionist, and a threat to the world. The US, and the world, is stronger with China as a friend rather than treating it as the enemy. 5 Reply @BrandyHeng007 2 days ago God of Wealth vs Satan of Debts-Deaths. 159 countries support God of Wealth 59 Reply 6 replies @waterdragonclan9108 2 days ago Thank you Jay and Richard. I learn so much from Richard wolff. Glad I found this channel. 16 Reply @IEtoileFilanteI 2 days ago To all the hawkish Americans, do you think we can survive nuclear armageddon? Because Chinese and Russians are ok with going that far if it goes that way. We're an individualist society and it's gonna look like Walking Dead over here, but the collectivist societies will know how to rebuild because they've gone through the exercise of total destruction multiple times already. Wish we could just get along with everyone and be a great nation among nations instead of pursuing the "we own you so obey" policy. 74 Reply 25 replies @theo7326 2 days ago The professor lays it out and makes it look so easy but the chinese have the system and the discipline to make their plans happen and I admire that so much I have to go to China to see it with my own eyes. 13 Reply 2 replies @joethao2161 2 days ago Awesome show… Great guest Jay!!! Pro. Wolf and Pro. Jeffrey Sachs are both very very intelligent. 65 Reply 3 replies @alexiapons2883 2 days ago 1421, The Year China Discovered America by Gavin Menzies. Wonderful book, good illustrations and photos. 14 Reply 1 reply @stefanschouteden5196 2 days ago Whenever Richard is having these wonderful, insightful interviews, I just wonder how many people INSIDE the US (or Canada) are following his discussions. Here in the South and East (and probably in certain parts of Europe), people are listening and appreciating his comments and views. Bottomline is the fact that the Western 'leadership' has become violently pathetic for that matter. What should have been a high level US national debate, has become a giant comedy show for the rest of the planet, with an associated sense of fear and hopelessness for the future. 4 Reply @bjung8858 1 day ago When the PRC first decided to change its economic approach, it was poor and didn't know how the Western System worked. China opened Special Economic Zones to test its plans while China prepared. The US sent some of its best businessmen to acquire benefits. But the Chinese sent its best business minded people to negotiate, and the Americans left empty handed or with ( to the Chinese view) a fair deal. Then the Chinese studied the HK, Singapore, Korean, Japanese approach and adopted this. This policy got China to where it is now. Where from here? BRICS. The World is sick and tired of the US and Western Imperialism. China's approach is benefitting Africa and the rest of the World. Later, the US and Europe will be contained and isolated. Europe will turn against the US as China did to the Soviet Union. Then, the US will implode like the Soviet Union from its own toxicity. 2 Reply @AliceBucura 2 days ago I came across your channel through this video- case studies are incredibly valuable, and I'm eager to see more in the future! Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments. 69 Reply 17 replies @thunderdragon888 2 days ago (edited) China is definitely going to be numba one or if not already one.... 6 Reply @Artificial_Intel_83 2 days ago China raised on US technology just as the US raised on the WW2 German technology...paterns... 3 Reply @larrysherk 2 days ago You ask: "Who will collapse first?" What kind of question is this, when China is clearly in a steep ascent and the United States is just as clearly in a steep descent? 2 Reply @rogerboniface8086 2 days ago The Chinese economy is much larger than the S. Korean economy. China has a larger poverty base to start with. Singapore has the same political and economic system as China. China actually copied the Singapore model of the early 1970's. China is just a giant Singapore. Both nations have one party rule. 4 Reply @annaweiers2947 2 days ago So smart of you to have Richard Wolff on , he’s absolutely the best, I follow him often 🇨🇦 24 Reply 1 reply @wohetang 2 days ago $20K, I got the BYD Song Plus. It is the best car and Teslas look like an idiot's buy:() 8 Reply @roslanalwi5490 2 days ago Let them talk bad about China /Russian . Chinese and Russian they are smart people in the this modern world 6 Reply @RickStephens-if3wr 2 days ago In the mid 90s I went to a seminar in San Diego got an invitation to listen to Arthur Laffer I got down there I dress pretty casual. Everybody in the audience was in a suit so I sat in the back so I wouldn’t get arrested everything he said about China and the Konomi actually happened and it’s happening right now it’s a China can destroy Ford motor company, GM Chrysler Honda Toyota and this is why I won’t go into what he said but everything he said that day has come true thanks, Rick 5 Reply @Pharoacious 2 days ago I studied under Wolff and am following his work 20 years later. A great American mind. 2 Reply @titanxie5579 2 days ago Why one of the two has to collapse? Can people co-exist? 12 Reply 8 replies @kariminalo979 1 day ago Answer: The EU. America, BRICS and CANZUK could balance just fine, but Europe cannot sustain without effective military guarantees protecting their much needed supply chains in the global south. 1 Reply @watchman835 2 days ago China’s greatest long term issue is its aging demographics, without that US might as well just yield now. 8 Reply 7 replies @gregorylumpkin2128 2 days ago China will not collapse. They've been going for centuries and have a vibrant and peaceful lifestyle in addition to other attributes mentioned below. 1 Reply @bloglivethehighve 2 days ago Can americans live with a dolar a day? Chinese can ! 4 Reply 1 reply @Beverley-v7e 9 hours ago I went to China in 1986. There was one shop for visitors and one shop for them. Neither shop had hardly any stock. Coca Cola had just arrived and everyone at midnight was standing in the street staring at the Coca Cola stand but no one had any money to buy it. They loved my orange shoes and dress, everyone else was in grey suits. Forty years later they have built a montroprulous. China has now collapsed under the weight of its debt, rather like the rest of the country’s. Covid 19 caused the debt and if China doesn’t pull off the electric cars, cheap to the world we are going to experience the biggest downturn in history. You don’t have to be an economist to work it out, Blind Freddy can see it. . 1 Reply 1 reply @akzoc 2 days ago This is a much better and more serious video than the click bait title would suggest. Very insightful on Chinese hybrid system of free enterprise and CCP planning. 10 Reply @orthodoxNPC 2 days ago 30:32 it only costs the AmericanMachine $52 billion to maintain 800 bases. 5 Reply 1 reply @lavendereucalyptus3225 1 day ago (edited) Prof Wolff is a well of knowledge and his analysis is SPOT ON! Thank you for inviting Prof Wolff and having such in-depth educational dialogue. 1 Reply @mave2207 2 days ago Great guest, thank you! 4 Reply @kkhan1823 2 days ago My dear, it's mentioned in the bible that the yellow race will rule the world. China 🇨🇳 and Russia 🇷🇺 are the greatest power's in the world. Simples 2 Reply @garycronin1469 2 days ago L. Groman claims that a gold standard (phased In) could allow for all main players to win without major war? That may be a good talking point. If you think a little poverty is bad..try war... and you'll learn. 6 Reply @huseyinbolukbasi7582 2 days ago No, I'am sorry but I desagree. Europe, especially Germany, is not watching the decline of US with "Schadenfreude" but are willingly sinking with it. The EU decided also to put tariffs on Chinese E-vehicles and so following US policy knowing this is against their interrests. 2 Reply @chonghangan1768 2 days ago I see China wasn't trying to compete but keep developing and manufacturing to strive better and better. The west esp. US see it as a competion because China's economies is getting stronger and stronger. Chinese government (Communist) is much more efficient than democratic system as they gets things done almost immediately than going on debating forever in the end things don't get done at all becos of too much opposition. The west is just tasting the grape sour and jealous over others success thats all. Prof. Wolf says it all. Any country will try its best way to produce the cheapest. Everyone see these but the west & US just could not accept it....a sorrow pill to swallow. Instead of working together to improve, trying to kill others (by sanctioning) is going for a sucidal feat. In the end the BRICS+ countries is going to be rich countries. 4 Reply @roboldx9171 1 hour ago Today, the USA; yesterday, the UK; and tomorrow, China. The centers of innovation are always in flux—nothing remains static or fossilized. The U.S. needs to accept this and learn from the mistakes the UK made that led to the demise of its empire. There's nothing to be done but to go with the flow and accept that the ball has been dropped, and someone else has picked it up. The rush for riches at the expense of others is nothing new—empires have risen and inevitably fallen based on that capitalist model. We need to change the way we approach capitalism. Reply @ongoingnews 2 days ago Brilliant @Jay 6 Reply @KC-lc8dx 1 day ago Prof Wolff at his best 1 Reply @joysachs9032 2 days ago Great discussion. Thanks. 5 Reply @charlesyang4923 2 days ago The model of successful development provided by the West is NO longer attractive, in fact deceitful itself, to the global south, so did the so claimed the western value such as ruled-based order, human right, democracy, freedom of speech, … etc for one reason and one reason only which is the West failed to dress themselves up as a role model to learn from. Beyond the West had already lost its status as shining light of the hill or paradigm, the sad part of the story is the West is still preaching others how to run their states that is something global south countries would NOT pay a serious look at all. 2 Reply 2 replies @dave8212 2 days ago Thanks Jay, awesome content from Richard! 3 Reply @tommylynn4270 2 days ago A word about immigration….I’m a small businessman in commercial tire sales and I’m out every day calling on other small businesses in the lumber industry. I don’t meet anyone who is against immigration, we welcome anyone that is willing to do physical work regardless of race or gender . I’m 65 and wore out from a lifetime of hard work and need competent employees .We just want an orderly and competent immigration policy. Vetting illegal immigrates after they get here causes nothing but chaos. It’s either being allowed because of ignorance and incompetence or on purpose, I don’t know which . Reply @kcevol 2 days ago Why not make another show where we point out if China and US cooperate, the humanity win! If they don't, what will be the consequence! 21 Reply 10 replies @gizmocat6990 2 days ago (edited) I like this "piece of Hollywood theater". I would name it "United Kingdoom". 2 Reply @austinbar 10 hours ago The economic crisis and down-turn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?? 5 Reply 5 replies @ibrahimvestin1901 9 hours ago The Germans fought well in WWI despite French mustard gas and the American “Spanish flue” and yet were decapitated and lost the peace Versailles 1919. Today we see the same thing in the world. Reply @BV-fr8bf 2 days ago regarding the hyperbole. We have seen economies resurrected in very fast order Germany, Japan and South Korea come to mind. The professor is surprised regarding the rise of China, but it's been ongoing growth for nearly 50 years! 6 Reply 8 replies @annanyone8553 16 hours ago USA will for sure. 1 Reply @theox73 2 days ago china survive more than 5000 yrs. china is one of the oldest civilization in the world. 17 Reply 2 replies @liaojohnweechun7454 2 days ago WHAT A BEAUTIFUL INTELLECTUAL AND CONSTRUCTIVE CONVERSATIONS VIDEO. CAN'T GET ENOUGH OF PROFESSOR WOLFS ANALYSIS AND ANEKDOTEN. BRILLIANT ️ 2 Reply @19battlehill 2 days ago Fear mongering. 5 Reply 2 replies @dunzhen 1 day ago If it's between Chinese or Americans, Chinese deserve high standards of living. They've worked so bitterly and honestly for what they have. They're not rolling around in blood money Reply @BobHaikou 2 days ago An excellent guest! Now get Michael Hudson. 4 Reply 1 reply @ricotheman8139 5 hours ago Pro.Wolff is so brilliant. Total respect 2 Reply @XZSBA 3 hours ago China spending in tech.and USA spending in propoganda. 2 Reply @heleny498 4 hours ago A man with wisdom. China and the U.S. should seek equilibrium, not animosity. Together, they can build a better world for all. Americans should seek to understand China more deeply, beyond propaganda. 1 Reply @richardlamos1436 6 hours ago Tariffs don't work , never did 3 Reply @petersmith-yg7me 14 hours ago US playing a blinder . Shortest lived empire in history. 1 Reply @derishabib1219 18 hours ago US is literally shitting bricks because of BRICS 1 Reply @alimmuhammad9275 2 days ago USA is doing what the British did by leaving EU. They too will suffer isolation and declining economy. The right way is to compete and not create a technology curtain. 1 Reply @Aramsa-Khan 12 hours ago It is not about socialist capitalist. You can put any system. If the people are incompetence, lazy and greedy, it ain't going to work. The Chinese are unique people, humble and made a decision to learn and work hard. Their achievements are sheer hard work, enterprising and and sacrifice of the people. Not everyone can achieve this meteoric rise like the Chinese, not even the USA. 2 Reply @thehungergames8918 1 day ago The east is rising, the west ️‍ is sinking 2 Reply @jojo4061 1 day ago For five thousand years, China has been on the table, and the US is just a new player. Hope he can hold on a little longer. 1 Reply @yaphonghor4409 22 hours ago Wolff is correct, China concentrate its energy in the past 40 odd years to develop its economy to what it is today! The Chinese leadership cares for the general population, not trying to produce just a few billionaires! The nation as whole matters!!! 1 Reply @sedaterkoglu2241 1 day ago Yes, US was very good with technology last 80 years. However, China has thousands of things firstly produced, found in China. What I am trying to say is US has done great job with history like never exists before it. China was always a big country and always strong even if it was technically behind. 1 Reply @dzloki 2 days ago One of the best use of Prof. Wolfe’s time, great questions and wake up call… now who is teaching this to our politicians and Military? 1 Reply @linhe3405 2 days ago Judging by this show. The people of United States are actually very observant and reflective people. From the perspective of a country, being good at observing and learning always has a better future than being fond of subjugating others by force. But the inertia of the United States bus is too great, and there is almost no force to pull it. It's already on the verge of spiraling out of control. The wars that are taking place and being going on in the world have always warned the Chinese: We must unite and struggle. It is foreseeable how much the world will change in the near future! 2 Reply @aschalewfekede4118 2 days ago Prof.Richard Wolff: I always follow you wherever you're a guest. 4 Reply @XD-pd9tc 2 days ago what a pleasure to hear people with sane mind. 2 Reply @valerietweedie4376 3 days ago Richard Wolff is a superstar. I totally trust him. 18 Reply 3 replies @lavendereucalyptus3225 2 days ago (edited) It’s unfortunate US government administration doesn’t use good sensible economists like Prof Wolff or Prof Jeffrey Sachs as their economic advisors. 1 Reply @KC-lc8dx 3 days ago Love Prof Wolff!!!! 27 Reply 1 reply @michaelfoley3777 20 hours ago Brilliant thanks for having this extremely brilliant on your programme! Professor Wolff is,without doubt,a very Brilliant professor of economics,& it is wonderful to hear his analysis!!! Thanks! Most Sincerely Michael Foley 1 Reply @chanoliverkumyun9123 25 minutes ago The problem in the US is that those politicians in control grew up in the era of US ultimate dominance, and now cannot accept that times have changed. Reply @YoRock1976 3 days ago (edited) I disagree with Professor Wolff when he dismisses outright that tens of millions of immigrants illegally entering into the US. have no negative economic impact on our country. Leaving aside the political and sociological consequences of this mass migration, the economic consequences are an increase in demand for local services and finite resources. This increase in demand is not accompanied by an increase in revenue, which results in straining the quality and availability of services provided by schools, hospitals and law enforcement agencies, to name just a few. Accordingly, state and local governments must become increasingly reliant on the financial assistance of the federal government in order to function, which I believe is one of multiple reasons globalist elites are driving this influx of immigrants into the US and Western Europe. 5 Reply 2 replies @cat6th363 2 days ago I can't help to feel envious of Prof. Wolff student's. Lately most teachers are there because of nepotism, they rely on AI to teach and twist concepts so you can't understand not give good questions. Thank you so much for the knowledge you shared freely to us. 1 Reply @sharkamov 2 days ago Professor Wolff is basing his analysis on stark naked facts – couple that to his formidable knowledge and understanding of past history, you end up with someone critically important to listen to! . . . Profound respect & genuine admiration goes out here, from the corrupt, quisling US vassal state of Norway! 2 Reply @Arcy0429 2 hours ago Learned a lot again from my favorite Professor Richard Wolff, thank you, Sir! Reply @MrKlipstar 2 days ago USA Union Stooges of Amerikkka 2 Reply @adrianthompson7033 2 days ago Don't you just love Pof Richard 's wisdom and honesty, I always find him engaging. G'day Richard, it appears you're popping up all over the place. Fantastic. 1 Reply @kw2117 2 days ago US playing poker, except they are no longer the banker in the casino 5 Reply @mrodjito6861 2 days ago I am amazed at your knowledge of China Jay. This is a great conversation, learn a lot, thank you 6 Reply @frolicsomgaiety 2 hours ago Nowadays, the US economy is as “centralized” as the Soviet, such is the financial sector’s ability to wield the power of the state Reply @jaycolucci5989 2 days ago Fantastic Interview! Please have the professor back soon. 1 Reply @lorascelsi8102 2 days ago (edited) dC politicians are inhuman these days. The decisions made in that city of dC are causing nothing but grief for average American and the world. Term limits needed for all political employees. 3 Reply 2 replies @costaselgreco 3 hours ago Superb guest! Thank you. 1 Reply @skywire5595 18 hours ago Great guest to have Prof . Wolff knowledgeable person Reply @outsidewell6932 2 days ago meanwhile American brand products are still the most popular brand in China from household items Tide, Colgate, Crest etc., sports wear Nike, Starbucks, iPhones, Tesla, etc. to US stock market. make you think who is a free economy. 1 Reply @natn41r 2 days ago Always a pleasure to listen to prof Wolff. 1 Reply @dodemocracy2426 12 hours ago The word to me that makes all the difference is Intention. If your intention is to make profit you will only benefit the rich. This is ancient. If your intention is to provide for your people, then that is what you get. Reply @brevnobia1238 2 days ago As said Boileau "ce qui se conçoit bien s'énonce clairement" "what is well conceived is clearly stated" Richard Wolff has a clear mind and a skill to express in concise form Reply @JJ-gp3bo 3 days ago WOOOWW! PROF WOLFF! You rock Jay. thanks for bringing him on your show 15 Reply 1 reply @timothychung4811 3 days ago (edited) Why is this even a question? You have one country that has no more ability to grow vs. a nation that has ONLY LIFTED 850 MILLION OUT OF POVERTY WHILE THEY HAVE 1.4 BILLION. Do your math. The remaining population that is still poor would be 550 million OVER 200 MILLION MORE THAN THE US'S POPULATION. That is Indonesua and US combined that the Chinese have room to play with while taking those already beaten poverty to even higher standards. In other words, the US has coasted on fifth gear for quite a long time, and gas has run out in the tank. The Chinese are on 2nd gear, slowly shifting to third gear... 9 Reply 8 replies @gregoryedwards9097 1 day ago Another awesome interview. Great questions to follow up on Wolff. I will say though, George Friedman honestly sounds like a close friend of the elites. This man wrote the book about US and Japan going to war in 1991. It sounds like the preparation for war like they are doing with China right now, as China is in the very same position Japan was in the 80s. He also talked about how the US would dominate the 21st century. He just has a lot of the same characteristics as the guys who are bullish on the US yet blind to the real world, or possibly supporting the agenda, including Francis Fukuyama, Gordon G Chang and Peter Zeihan (Both been predicting the collapse of China for a decade at least lmao). Though he's successful, he's definitely not someone who I would trust in my opinion. 2 Reply @phil.s2245 2 days ago So plaguerised technology and slave wages are to be deemed a virtue. Lets all race to the bottom. Also when I heard references to the prodigal intellect of Janet yellen I started contagious laughter. 3 Reply @ibrahimvestin1901 20 hours ago There was no end of Roman Empire. The capital was moved to Byzantia, now Istanbool but in people’s mind nothing has happened, It exists and it thrives. It has oil discoveries in Libya and hope for the future. Reply @B.H90 3 days ago After watching this, then go watch Sen Josh Hawley intel CEO hearing! 3 Reply @hongmama1245 2 days ago Kudos to you Prof Wolff, able to see things as a fact without ego in the way. Reply @rogerburn5132 3 days ago Richard Wolff is one of the Best Western economist LIKE LIKE 🇺🇸 5 Reply @hamdel2965 3 days ago Great interview 4 Reply @masnur7007 17 hours ago (edited) I live in SE Asia, and i can say that though the ethnic Chinese are the minorities in ASEAN countries like Thailand, Malaysia, Indonesia, Myanmar, Cambodia etc the top 10 richest people in these countries are the ethnic Chinese or mixed (for example Chinoys in the Philippines). There's something about the Chinese that make them very business minded and entrepreneurs and very hard working. Reply @ddprepper5227 3 days ago Excellent report 12 Reply @Meowbay 2 days ago I expected it. So no, some saw it. China was never poor. Reply @IEtoileFilanteI 3 days ago Looks like HR 1157 is going full force in the comments 3 Reply 1 reply @aklimar2208 2 days ago Excellent discussion. Thank you 1 Reply @danielkurek7009 3 days ago In a centralized Marxist mindset you need economy / monetary policy / government control / structure In a decentralized free mindset you don't need any of that.. All of these over complex systems of dystopian control over the masses literally don't even need to exist! Build your own, produce your own, grow your own.. then you only need to work if you want or choose to but you don't have to. Your time and your skills and your knowledge are your most valuable asset.. Stop chasing wealth and currency that is literally devaluing at a faster rate than you can make it get off grid self-sufficient self-reliant and you'll have no need for currency at all. 11 Reply 5 replies @charlesyang4923 2 days ago It pays American more interest to set up and respect norms for multilateralism and multi-institutionism when American leadership can rationally considering there may exist a day when American can NO longer dominate the globe which is a flashing sign obvious to all of us today. This helps setting up rules and preserve American interest in a multipolar world or even preventing any future day hegemon may do when dominating the world. 1 Reply 1 reply @Utopia_YT 3 days ago (edited) Very little substance and a lot of leftoid gibberish. The reason China has successfully developed is because it has a high average population IQ (ca. 105) and a unified ethnocentric population under a national conservative government that implemented a market economy with strategic state subsidies/tariffs. A classical "national economy" a la Friedrich List. 5 Reply 2 replies @williamnemmers2583 2 days ago It's kind of like China had the opposite approach economically, when they opened up to the west, than Japan. Reply @karleells6540 3 days ago Imagine the level of stupidity it takes to be a socialist economist? And notice Richard doesn’t live under socialism does he? Nope. 4 Reply 5 replies @WeAretheWorld89 2 days ago BYD - Stands for Build Your Dream Reply @Ric244 3 days ago This guy is full of too much anger I can't listen to him, better to raise your argument not your voice. 3 Reply @Rainy_Day12234 2 days ago China isn’t purposely destroying their society and economy like Washington DC. Reply @helenkessler6012 3 days ago Cripes Jay. This one sucked even by Canadian standards. 4 Reply @jorgeluissagautemesina 1 day ago This is not boxing. As I understand boxing is all americans can understand , I must say that this, is war. War means the loser perish and the winner perdures. Reply @FreeSpeech4All 3 days ago Lol! Yeah... this was a waste of my time. Nothing useful here other than reinforcing why we, the people, need to keep these academics... that produce absolutely nothing of value... away from any and all levers of power. This is why the university systems are dying. I would think your time would be more valuable than this, Jay. 8 Reply 3 replies @yngvesognen1092 2 days ago Marc Faber made the very important point that the US used Ukraine to divide Europe and Russia so that Europe couldn't get cheap energy from Russia. IOW not only trying to hold China down, but also Europe. My only question about that is how Russia was tricked or provoked into invading. Iraq/Kuwait comes to mind. I suspect there were negotiations or other things going on beforehand. Reply @darek795 3 days ago (edited) You speak only about China's progress but not anything about South Korea, Taiwan, Hong- Kong, Singapore. You try to suggest that China is somewhat unique in its progress but it isn't. 4 Reply 11 replies @yaoypl 2 days ago “What can carry you over can drag you down” Haha, there is a Chinese proverb for this: 水能载舟，亦能覆舟. Translation: Water can carry a boat, but it can also capsize it. Reply @theo7326 2 days ago The professor is the only American I have seen that is able to name "Wagenknecht" as it should. 1 Reply 2 replies @jamesbodine1543 21 hours ago The Chinese didn't do it it happened because we bankrolled it Reply @caveman1334 2 days ago One country is feeding on war and other on peace........ Reply @craigrik2699 2 days ago My god, Prof Warrick Powell and now Prof Richard Wolff, wow! Both the same but different, Prof Wolff more coming from a Western Marxist view where Prof Powell more recognition of a Chinese civilisation view in Western speak. Great content, thanks man Reply @sasankasekharpanigrahi7762 12 hours ago Very brilliant analysis of China Vrs America prowess in present day world. Thanks a lot Reply @redpillscholar560 2 days ago Just brilliant!!! Thank you!!! 1 Reply @SarahBrown-h7n 15 hours ago Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich 1 Reply 5 replies @Roxana-gu5zt 2 days ago Zheng He was not 100 years before Columbus. He died in 1435, he and Columbus belonged to the same century. Reply @marinaclarasanchezsuarez2905 2 days ago USA will prevail🇪🇺 Reply @paulstebbings9481 2 days ago A few pointers … America refused to come militarily to UK’s aid so you are wrong to state America saved United Kingdom ( 🇬🇧) not ‘England’ …! What America did do is they cemented and put in place huge debt to UK ( not England) which it has taken over Reply @seshanm54 2 days ago India's achievements are even, more fantastic, though hugely under-rated.... * A looted nation, denuded of all resources was left to fend for itself. * It did not choose to become a dictatorship or a Communist nation. Against all odds it chose to be a Democracy. * Despite every prediction of doom a nation of 1450 million, with an electorate of 900 million has continued to be a Democracy over the last 75 exceedingly difficult years. * It had a vastly unequal society, ripe for revolution & mayhem, as im China, with millions of deaths. Instead, democratic India, over 75 years has quietly succeeded in politically empowering the backward castes and instituting a unique Affirmative Program with massive subsidies & reservations in education & jobs going up to 50%. IT IS THE WORLDS QUIETEST AND LEAST APPRECIATED REVOLUTION, WITH NEARLY NO VIOLENCE. * 1 Reply @ingridhildebrandt8053 2 days ago The chinese have published a very, very good analysis about the USA. I am just reading it. Reply @jaysphilosophy1951 2 days ago It's called democracy you have a in person city council meeting once a month and you cast votes on certain issues every month....And these council people should represent no more than 250 people. Reply @ngfamily1397 2 days ago Prof Wood, your analysis on BR politics is spot on. The rise of the Right Wing alarms the nation but politicians seem to be blind and deaf to the real plights of ordinary people. Self interests or delusional? Reply @arthurhwang117 2 days ago I have one gripe and will get this out of the way first : which is WHY do the Americans never get the pronunciation of proper names even vaguely correct ? It is SO EASY to do today - you just Google Translate the Chinese term and they actually GIVE YOU the correct pronunciation in AUDIO. So for someone to be so lazy as to not even do this and completely mangle the pronunciation of Chinese names when doing a podcast ON CHINA is to me unforgivable. Zheng He is not pronounced “Jeng Hey” as Jay pronounces it, but sounds like “Jung Her”. Please please just Google translate Chinese names the next time you do a podcast because totally mangled pronunciations come across as really unprofessional to anyone who knows how it SHOULD be pronounced. You only have to do this ONCE and you will know it for the rest of your life. (and for all future podcasts !!) As this has been a bit long, I will dissect some of the content in a separate comment. 1 Reply @Mark-ez2vw 2 days ago Digital silver in a digital age, litecoin is a digital precious metal, not a security. Litecoin is the oldest coin on the market after bitcoin, since its inception in 2011. The scarcity of litecoin is the key feature of its technology. Everyone tends to flock to digital silver and digital gold, litecoin, and bitcoin, when things aren't going well. Litecoin is a decentralized digital commodity, just like bitcoin, but not even close so heavily concentrated in a few hands like bitcoin is. Both have Proof-of-Work consensus, and both have a limited supply of coins. Only that litecoin is lighter, swifter, and hugely undervalued against bitcoin. Litecoin (LTC) being a digital commodity provides a decent inflation hedge as well because there will be mined only a limited number of 84 million litecoins in total. Reply @KMuse99 2 days ago U.S already lost. Just look at the tariffs they put on the Chinese good. Reply @MarioVink 2 days ago Good interview Jay. Prof.Wolff. greetings from the Netherlands Reply @HoneyBadger80886 2 days ago Dear Prof Wolff, love you, man. Love the hope for our future your comments provide. For After shtf. Broken money is why I debanked and bought NonETF bitcoin and PMs in self custody. #hodl Reply @zuzemoyo7696 2 days ago CHINA is the winner by miles. Not because the CHINESE mean to compete with the AMERICANS and the WEST but just going about its life. We applaud the CHINESE. We in the global South. Reply 1 reply @numbersix8919 2 days ago Canadians are all programmed to be so nice. How do they do that? Reply @Adam-mf9cl 2 days ago Before watching, how can this be a debate? Seriously.. If you’re still buying the American exceptionalism you must have your head in the sand, Americans pissed that away. Reply @cos6617 2 days ago The title itself says avoid this channel 2 Reply @petrut5 2 days ago I can tell you that people don't recover even after years of being through a war , I been in contact with many old people that have been through WW2 and they still were scared about the slightest bang or rattler etc. They would jump and look around. Reply @LARRYANIEL-dz9zz 22 hours ago The climate changes must be endured Reply @jb703 2 days ago American corporations sold out Reply @Eding4u 2 days ago This man has an exceptional understanding of the nonsensical western agenda. Reply @tigeragri5355 1 day ago Both will collapse one by one or Simultaneously This not our expectations or prediction but 100%assumption Reply @leathalfobiatics1986 2 days ago Professor Big thanks by delivering very usefull lecture. Great Love from Pakistan. Reply @Lovin_It 19 hours ago There are two interesting questions re EV tariffs; by lottery, sell them for $10k each, pre-tariff; or give them away, say, 5000 vehicles per country, either randomly or to Chinese customers [joke, some variation of deserving consumer]. This way, people could see how nice these cars are and it would increase demand and make the consumer fight to reduce or eliminate tariffs. I don't claim anything is simple or predictable, but it's fun to conduct thought experiments. I hear they outperform even in the $11-14k US price range. Reply @ToriZealot 19 hours ago Why is Richard Wolff repeating von der Leyen's talking points? What comes next Carbon taxes for Africans? Reply @shanejones578 2 days ago Yeah how the hell is Canada not the richest country on earth… they have gold like nobody’s business and 1/3 places in the world where platinum is found in significant portions. Reply @richardlamos1436 6 hours ago I regard China as a fascist regime ...that explains their econ omic success , as witnessed in other nations before Reply @rogerboniface8086 2 days ago Le Pen in France is similar to the policies of Charles De Gaul.is that Fascist? There is a lot of propoganda surrounding Le Pen. Reply @HEALTHANDWEALTHCHANNEL-h6o 11 hours ago No jay, i did not enjoy this Every show about the geopolitical situation ends up with the hosts bitching about their home country allegedly falling behind everybody else This show was no different Reply @hangxu9416 1 day ago I think only EU will be the first and the only one Reply @diegotejera2742 2 days ago (edited) I agree with him on so much. However, regarding immigration I believe he's underestimating not only the quantities but mass migration's it's effect on the western masses. At the simplest level if our existing working classes are underpaid & overworked, migration will only exacerbate this. This is plain to see. Also, The social pressure of rapid cultural assimilation cannot be overlooked either. This is a problem China does not have. But, yes we gotta start competing. That will take loosening the reigns on innovative entrepreneurs. The beurocrats best figure out how to fund social programs to stave off social unrest. This is the main challenge as both will cost money. 2 Reply @M.M.Alam.Liberty 2 days ago Best economist and an honest geo-socio-politicial analyst DR WOLFF. Thank you 1 Reply @CommenterIndeed 9 hours ago American propaganda website. Disallowing certain comments. Reply @WeAretheWorld89 2 days ago Oh yes. We too learn The Good Earth in school Reply @Juandeer-z3o 1 hour ago The Jay Matin show looses so much credibility with this kind of guest. Is wolff a card carrying communist or what? Also, China uses slave labor. THAT is one of MANY reasons that tariffs are good. Do you want to have the same living standards as China? Reply @jeanspiota 2 days ago Boring 1 Reply @ribeirojorge5064 2 days ago Thaaannnk Yooouuu China ️ 🇨🇳 Reply @donaldstraub2170 2 days ago Excellent conversation, thanks for sharing! Reply @peterjol 2 days ago Unfortunately, nobody is using a system that doesn't absolutely demand GROWTH for the system to 'work' and infinite growth on a finite planet is what will be the end of us all...there is no sustainability in infinite growth..even the circular economic system ideas require growth to 'work'. The world needs a 'sustainable' system..not a system that demands growth. Reply 1 reply @atanacioluna292 17 hours ago Digressing squared. What is the point? There is no solution? Yes, there is, but the question needs to be clear and reduced. How can we better solve climate, hunger, order, energy, economic justice? We can if we define the questions at the economics level. Reply @jingle1840 5 hours ago like the word 'hybrid'. Actually China learned the 'hybrid' from Singarepore in early 90s. Reply @jackli-l8x 2 days ago your saying 'a country is now colonized by a colony she used to colonized' Reply @ingridhildebrandt8053 2 days ago As german I totally agree to what you say about europe. Reply @aneshnaidoo2341 1 day ago Always a pleasure investing my time listening to your wisdom and analyses....Mr Wolff... Bless Your Heart Reply @omashqureshi9921 3 days ago No debate ,just asking opinions of Dr Wolff. 1 Reply @tikasiwakoti9070 21 hours ago America loosing with China rapidly in every aspect of production and manufacturing and technology. Because of our constant policies of liberalism instead of patriotism. We supported China build up and surpass ourselves. Reply @norvikgrigorian4518 2 days ago I can’t believe you are talking about USA in the favor of China! Talk about Netanyahu and Israel! Talk about the dirty Netanyahu policies! Reply @tomcurran3424 2 days ago (edited) I've always liked Profr. Wolf's very great term explained as " Unfettered Capitalism " . Personally I believe the Belt and Road Initiative can become a effective path towards prosperity and ultimately a greater peace. Thank you Profr. Wolff. 1 Reply @Jojo_KokoUK 2 days ago Chinese rise from Ashes, and they will rise again if necessary... 2 Reply @scottchin3582 1 day ago America was so strong not because of your intelligence but the fear of God. Since you USA started to behaving against Him. The America is falling so quickly like never before! If you America cannot turn around to obey Gos commands! This situation is just the beginning for your miserable life! Reply @michaeligloo 3 days ago Great show and a very informative interview. Thank you both of you! 1 Reply @seancurtin5609 2 days ago Tesla made the Chinese EV industry Reply @davidli5115 2 days ago BYD = Build Your Dream !!! Reply @ElijahRadioProphet-mb9zu 2 days ago BREAKING NEWS: Donald Trump shooting, Secret Service investigates after shots fired near golf course LiveNOW from FOX 3.51M subscribers Reply @benoitguillou3146 2 days ago "Growing pains of an adolescent empire ....." the guy clearly in his mind has already won the war against Russia that'll potentially permit him and his exceptionalist camp to carve up all Russian ressources for his beloved empire and jumpstart another century of corporate profits .....He's basically selling the skin of the bear before having killed the bear ......Which in itself is the mark of a dying empire , because lack the lack of self doubt , underestimation of the adversary , and appearant hubris of so called eltes in a country is in 100% of the cases the cause of the country's downfall...... Reply @Gingerbit-bk3df 5 hours ago Thank you, very good conversation and enlightening to hear. Reply @kennedy6618 2 days ago Mr: Wolff, $60.000 plus taxes! Reply @cuteandfunnyearthlings2863 2 days ago China developed the world first tri fold phone, so which country or who apple or samsung going to copy? 1 Reply @psikeyhackr6914 2 days ago Economists cannot suggest mandatory accounting in the schools, but they can talk about collapses. Reply @55suz 2 days ago AMAZING PROFESSOR WOLF IVE LEARNED SO MUCH FROM YOU AND IT IS ALWAYS SUCH A PLEASURE LISTENNING FROM YOU THANK YOU ! Reply @roadtested9009 2 days ago Ordinarily, the Professor would be just as vehement for US labor and he is here for China. Reply @ricogreen2538 19 hours ago Worker cooperation is the same as a union It stopped productively Because people want more then strikes etc Reply @lilj1702 2 days ago What can carry you forward, can eventually drag you down. We must unburden, what has been. Reply @chrisroux8137 2 days ago To fear collapse shows inability to innovate and compete, triggering destructive rational creating defensive and offensive strategies, like NATO to achieve dominance as a unipolar organization, this does not describe China for it innovates and competes, while creating strategy of trade practices which can enhance economies of many societies, like BRICS+ enhancing multipolar cooperation. Reply @robertdoig1342 20 hours ago He’s a marxist! Boo. Hiss. Reply @jessegomez842 2 days ago Lets hope that the adage of "he who owns the gold makes the rules" is false. If true the US may collapse first. Since the PBOC has amassed an insane amount of gold. Reply @LARRYANIEL-dz9zz 23 hours ago VW all the way Reply @anselmlam6846 2 days ago Eye and mine opening lecture! Reply @edwardlim7253 1 day ago All great powers must work together for the betterment of humanity to overcome the threats of nuclear holocaust & global warning although I'm not sure that the current leadership in U.S. are sane.. yes U.S. must do its best to compete fairly with anyone but not to escalate to a nuclear war.. Reply @garymccraner1129 2 days ago Michael Pettis is the proper resource for a person interested in this subject. Professor Wolf is apparently not nearly knowledgeable enough. Reply @pmcllc1 2 days ago Well 30 trillion in debt built on socialism can give you a hint Reply @BraveNewWorld5404 3 days ago (edited) Open Southern board may make sense from economic perspective and is also a positive factor for a very serious population collapse problem, which will also be a huge economic problem down the road. However, it is an absurd way to solve the economic and population problems, not to mention that its lawlessness is incompatible with the legal foundation our country is built on. We have a legal immigration system, which can import the needed immigrants based on our requirement. Currently we have over 10 million illegal migrants coming in from the southern border, if we increase our merit based immigration quota up to 10 millions per year, we controls what kind of skills we want to import, how many people we import, and we know exactly who we import. It has to be a pure academic discussion to criticize European and American people do not like uncontrolled illegal migrants walking in from the open borders because the local people are stupid to understand the economic benefit that these illegal migrants bring to them. In reality, maybe the reason that the common people focus on the harm that the illegal migrants brought to them is to fight a political fight, to stop illegal migrants, to improve and open up the legal immigration system like the one described above, or better. If that is the case, these European and American common people may be more right than the economic puritans. Our success is measured by economics, but not everything is economical. 1 Reply @julians472 2 days ago Professor Wolff is fantastic! Reply @beschall7682 8 hours ago He claimed he was graduated with Harvard Ecomomy School,some i can resonated with him, mostly he sounded like putting down American, while he did not address much solution how the capitalism should be changed in system! He did not compare Apple with Apple but all and all he had bore me with his opinion Reply @paulstebbings9481 2 days ago The highest UK GDP National earner contributor is Scotland 󠁧󠁢󠁳󠁣󠁴󠁿 not England 󠁧󠁢󠁥󠁮󠁧󠁿 a different country all united in the United Kingdom 🇬🇧 ( Northern Iteland Wales Scotland and England ) Reply @chriscain7333 2 days ago I have to disagree, feudalism is distinctively western concept. You can however, argue that the shang dynasty of china (4k years ago) adopted the same governanc doctrine, but almost immediately after the fall of shang dynasty, it was abandoned. So no, for the largest part of chniese civilization, feudalism wasn't that impactful Reply @glynnismacpherson504 2 days ago Thankyou Gentlemen Reply @bennyc6021 2 days ago Yes, Zheng He (pronounced Zheng Her) was one great voyager. 1 Reply @uniyost1917 1 day ago A brilliant and intelligent insightful discussion! I really enjoyed the push and pull model. It was historical and interesting. I will share this in my network. Reply @JalernJa 1 day ago So smart presenter Reply @Dokonaj 2 days ago USA has already downhill. Reply @BRAHMANAND 2 days ago USA first 1 Reply @kvuppal1 2 days ago Marine le Pen is RIGHT wing not left. You should put up a correction on the screen. No one reads the comments to understand better Reply @wellsnapyeah 12 hours ago (edited) The US is decentralized?! So there is no government regulation? Gimme a break. 16:00 Reply @jaygatsby1 2 days ago You know what happens after a meteoric rise fueled by a state sponsored real estate bubble of epic prorations? Reply @kenthiessen6838 2 days ago Mr Wolff once described the Brits as, when the U S told them to jump their response was "how high"? That sadly is how it is in Canada now. It wasn't always that way. I despised that Trudeau guy, Justin's father, but he had a mind of his own. Justin....lol A comment on Chinese goods....they are cheap and made cheap. Mass produced to be cheap without quality. We once were able to buy very good German goods. Now gone. Reply @patriciacvener1968 2 days ago (edited) You don't have tensions in Canada? What about the past and ongoing abuses of the indigenous First Nations? Reply @L-K-K 2 days ago New Structural Economics - Came across this Chinese economic theory for developing economies. Very interesting. Worth investigating. Reply @kyuucampanello8446 2 days ago Seriously, the representative democracy in a classical pluralism form IS NOT decentralization at all, each groups with their own political interests into the political bargaining have their fixed organizational hierarchical structure. It's just not much different than the "seven kindom". I believe no other country like China would have done multiple surveys to the public and been iterating its policies and laws based on those surveys and criticisms, rather than some indoor negotiations or performatic debetas that needed a fact check, between those in the highest positions of the hierarchies(so-called leaderships) and set a policy which is not making sense at all for four years. You can't simply say that a joint-decision making is more centralized than politics between elits, or it's just a hybrid form of centralized-decentralized, obviously latter is more centralized. Reply @ThatGuy_Nick 1 day ago Thank you for sharing Reply @groomingtable 2 days ago Are you mad. The Chinese cars are catching on fire all the time. Reply 1 reply @simonbarrett9568 2 days ago The truth is China said to America work with us on the Belton Road initiative we can not do this on our own this would have made sense for the US to help build the world to the next level and make all countries more competitive that would make America business have more customers to buy their goods around the world but the US like the mafia way of running things but is is old system that coming to a end and to the US see this nothing will change in the western world Reply @Amos-o6h 14 hours ago I'm wondering how much do they really know china, when they talk so many topics about china. Reply @jayjack2046 2 days ago (edited) Wolf is conflicted, hits it on oligarchy; swing & MISS on Free markets vs communism. Aloof Reply @00001111henry 2 days ago VP no experience in business. Former DA lawyer has experienced. She hired a business lawyer. Reply @zlz-h2o 3 hours ago Politics aside...The host is very handsome. 1 Reply @creativecoffeeroaster521 3 days ago First question to have asked this guy is in the Harris, Trump , or independent camp, this would fully explain his perspective, motivation, and agenda Reply @SusanCahill-fb6ey 2 days ago I totally loved it! 1 Reply @demon2others 2 days ago Is this even a question to ask? How many things are Made in USA nowadays? Reply @movielife8537 1 day ago Great interview! Reply @JohnAnderson-wc2fw 2 days ago The scary part is, after 08’ when we had the global financial crisis, China was peaking and able to manufacture the world out of recession. Not this time Reply @TacticalMayo 3 days ago China just lost 6.5 trillion in the stock markets. That right there is the worst thing I've ever heard of. 2 Reply @LordBallSac 2 days ago Its jist a race not for nukes or space but Ai. Whoever has the best Ai will remain dominant. There will come a point when such an advance Ai essentially makes any race by any competitor untenable. Reply @ralphmumbeck5758 2 days ago Lindy's Law says... oh... no... Reply @Amos-o6h 14 hours ago I'm wondering how much do they really know china, when they talk so many topics about china. Reply @ricogreen2538 20 hours ago Think chess when you think politics That Taiwan is not so important it what surrounds it to keep influence by them feeling protected Reply @carmenlajoie2719 2 days ago You can watch state media in China, CGTN The Point-Hub-Heat. Shanghai Eye, CCTV, Reporterfy Media-Cyrus Janssen..Multipolar world fast tracked Reply @ace9840 2 days ago True. Nobody can predict the future. I realized that hears ago but then I thought, so whats the best next thing. Then it dawned on me that studying the past is the closest you'll ever come to predicting the future. Reply @roubika1922 2 days ago A great educational resource Thank you both Prayers for peace and prosperity in the world Reply @gsk38 2 days ago For info of political leadership worldwide. Bless all Reply @seancurtin5609 2 days ago There is not 1.4 bill Chinese that’s not true Reply @shineluvslambiel 9 hours ago (edited) Why is professor Wolff on this trash channel? Reply @69elcuchillo 3 days ago 30 million immigrants, criminals. Let’s open the door enforce the regulations with minimal lawyers input. Bring in the scientists & engineers, enforce the rules of law. 1 Reply @clarencego4725 56 minutes ago We will find out soon enough. Reply @vaqueroontario 3 days ago Very nice straight talk. We need more of this. Reply @chewy1709 2 days ago Chinese companies do well overseas becos there's less pressure on payroll. Back home，education, infrastructure, health etc are all subsidized Reply @stefanthomassen4750 2 days ago There is no transition to EV, by repeating this bullshit, is doesn´t come true.. . Reply @caseyrindal1815 2 days ago Like one child pilicy. That is what you get with a centrally run government Reply 2 replies @iwanagohome326 2 days ago Most of what the Prof said is sound and makes sense. However, the last part needs further elaboration....it sounds vague and quite baffling Reply @月隐谷 2 days ago The United States could have used its talent advantage, technological advantage and economic advantage. And military superiority. China has been in the second stage of development. As a hand guard of the United States, together to govern the whole world. The suppression and restriction of the United States will enable China to completely find a way of independent development, thus surpassing the United States. Reply @nanaegorasta9063 2 days ago THANKS YOU FOR TRUE Reply @ptan4120 2 days ago Pronounced as zhang "her" not "hea". He was a central Asia muslim. 1 Reply 1 reply @69elcuchillo 3 days ago Yes they did really good with their housing program . They have a rule of law, ethics that we hav lost because of the freedom(nothing left to loose). Also tremendous STEM graduates, not very many gender studies , teacher education, not their subject but how to teach. MERITOCRAC 1 Reply @ScottWood-p6z 2 days ago Ty I feel enlightened and Wowed! Really interesting! Ok Leadership is lacking here in Canada. Therefore it is the TOP PRIORITY. ALL THE WEST NEEDS THIS TOP PRIORITY. HERE IN Canada we need This! Russia has Real leadership in Vladimir Putin and the supporting cast. replicate it here in Canada. Get rid of the corrupt puppets who serve the greedy oligarchs. I say it can be done. Mission Leadership, TOP PRIORITY LETS GO! Reply @bodaciousbull8553 3 days ago BS 1 Reply @09021943 2 days ago Good talk Richard, — Thanks ! Reply @ricogreen2538 20 hours ago Chinese are the larges Migration into America China has a unemployment problem with college graduates They are sleeping on the streets If they find factory work 100 yuan fir 10 hours of work Thar is 14 dollars Reply 7 replies @ZhenYae 2 days ago That part about a country being run like a corporation is already well known to Singaporeans. Deng went to Singapore for a reason. That would be in 1978. The following year, the Vietnamese were shown communism in Southeast Asia must stop. Reply 1 reply @mohammadhajimoosa3981 5 hours ago I like the comment about China improvement because if you look at the China improvement, he make it desert the green zone they make everything welcome welcome innovation, and hope senction give you some understanding everybody every nation, society of poor society, doesn’t understand it for you’re not helping others and losing more support you want that United States of America we need better and understanding not helping just Israel, helping everyone the same way you defending it not to be complicit what you do make a difference for others sanction never help economy leaving insane is cruel and not fair Reply @LL-sk3do 3 days ago Hi Jay, I noticed your camera has been out of focus the last few episodes. You might want to give it a quick check. 1 Reply @philiptan2051 3 days ago The Americans are like the actors playing in the movies as the “expendables” except they don’t know anything about a real war and identify themselves as the heroic “immortals” who would survive in any war. They are living in a phantasy just like in the world of Hollywood. 1 Reply @tomsawyer4857 3 days ago DL the video to watch later, but gotta give Dr. Wolfe a like first!! Reply @socialevolution7719 2 days ago “Economist” Reply @Juandeer-z3o 1 hour ago Terrible guest. Reply @MakePeace123 2 days ago Reject the R N D vote Jill for Peace n Prosperty Reply @賴志偉-d7h 2 days ago Americans are like the cartoon villian who focused on sabotaging the opponents instead of winning the race. 2 Reply @jaysphilosophy1951 2 days ago This was garbage Reply @pennyshi6474 2 days ago Canada collapses first eh? Reply @hello2546 2 days ago So much BS here , to much to type out Reply @lihongliu352 17 hours ago brilliant Reply @danielbbq 3 days ago Fascinating interview. Thanks Reply @DrRhysPritchardPhDMScBSc 2 days ago Absolutely brilliant thank you ️ Reply @martinb4093 3 days ago Ask him next time what Canada and the US could learn from other economic systems such as from China Japan South Korea etc. Reply 2 replies @TylerMcConnell 2 days ago This should be fun. Reply @Skippy-s1g 3 days ago Oh! Hey! Jay got the commie on! Yeah commie! 1 Reply @DarshanaHashendra 1 day ago I don't see China Media doing these kind of program Reply 2 replies @JalernJa 1 day ago You go to China and you will see one item but with two different quality, why? Copycat gene run in the Chinese blood. But that copycat itself make the Chinese so advanced in many areas, why? I copy you, but I want my product to be better than yours, so I improve a little, the next copycater improve a little more, and...in the end.. after hundreds or so copycaters,vthe product became compatible to the west. Reply @termyfl2677 3 days ago One may not able to predict the future but can extrapolate Reply @drona9 2 days ago Came to watch "Will China or USA collapse first?" ..but 45 mins in, just getting tired of listening to how awesome China is / Chinese people are, and how America sucks. How does ANYTHING he's saying relate to the title of the video?! 1 Reply 2 replies @jillallan8985 2 days ago cheap labour is not a good thing. Reply @roadtested9009 2 days ago This ought to be interesting as I believe the good professor is a communist. Reply @Sabundy 2 days ago How is this even a debate? Reply @MM-sr6fw 2 days ago A “must watch” video? Don’t need a rocket scientist to answer this question I think. Reply @amtexec3164 3 days ago Excelente contenido y analisis profundo del tema saludos desde 🇪🇨🇵🇪 Reply @johanaanderaa4249 2 days ago Those who paid for the rise of China was the American and european middle clas. They just did not know it at the time. China ha other rules where work was oractically free. The aste owners invester in China and had a tecnological an economical transfer never before seen in human History. Anybody with eyes in their heads and thoughts in their brains could fortell that this would not end well for the West. But those who ran the show in every Western country was eager for profit and here we are. It is no miracle, it is willingly a handling over tecnolegy, knowhow and money to a dictatorship. Who said: *I am not a crook"? Reply @ivorysulv 18 hours ago BYD is it short for bye-dollar Reply @WMDB4637 2 days ago Just Google the obesity rate and life expectancy of obese people Reply @beautifuldream108 2 days ago (edited) USA. Population and hard work spirite that one party don't have. Reply @jiteshwarprasadgupta3235 13 hours ago War spends ,(destructive-at others' cost/consequences & constructs -soak/suck/siphon-ing are returning, huge fortunes to war mongers,in immediate ,gains,by plan, design,destructive -destructs as instrument, leaving dehumanised, misery, depravity,slavery ,short/long term, intergenerational, migration. Reply @tommylynn4270 2 days ago A Reply @whydotheathensrage 2 days ago Via GATT and NAFTA, we gave the Chinese everything we had beginning in the 90's, , I worked for ATT , and watched them send our elite internet engineers to China for months on end to build out their internet. IBM sent them their most advanced mainframes, i worked in the industry and watched it happen. Americant's have been AmeriCon'd, and utterly sold out from within... or haven't you noticed yet ? Reply 1 reply @ssli7230 2 days ago I notice that this podcast doesn't show up at all when you scroll the list of videos on this channel. Is it Jay Martin's own doing, or is it YouTube's doing? Reply @viksprakash 2 days ago who are you huh Reply @oIBBEo 1 day ago 9:30 1 Reply @GenX1964 2 days ago (edited) Welp, Since I just saw on tv Perry Farrell and Dave Navarro fighting each other on stage today in Boston. I'll quote Perry Ferrell. WE'LL MAKE GREAT PETS . Says it all. MaybeI I mean America. Maybe I mean Humanity. I leave it open ended. Reply @TimJohnson-x1o 2 days ago Another silly title. Only one of these two nations is in terminal decline or decline of any sort. China's rise isn't even more than 60% or at most 70% of its way to peaking yet, much less declining. By the time China is in decline it's GDP will be roughly 4x larger than the US. It's already something like 50% larger in terms of purchasing power, which is the measure that counts. I'd suggest you interview someone like Grahm Allison for starters. Reply @ace9840 2 days ago Does it really matter who goes down first .. all the others will fall like dominoes. Reply @ellengran6814 2 days ago Is og possible for the West and the East to cooperate ? I would argue; YES, just like the "East" brain hemisphere can cooperate with the "West" hemisphere. It's all a matter of respect, knowledge and communication. Reply The Jay Martin Show · 1 reply @fbazzrea 2 days ago (edited) please bring Mr Wolff back. love his perspectives. thanks, gentlemen! 1 Reply @rossmullins8708 2 days ago Get off the co-op thing Professor. Meritocracy seem a better system. Five year plans, gov in control of primary functions like electricity , lending institutions, etc. then,let the private sector flourish, Reply @ricogreen2538 19 hours ago Lol he has to go To the toilet He just made a few thousand doing story telling for 30 minutes Lol Reply @Chucku153 7 hours ago (edited) Weapons business is big business in war merica Reply @numbersix8919 2 days ago America's best days are ahead? (start Twilight Zone intro) Reply @CarlosBayon-NO.1 2 days ago This is too long. Make 10 minutes. Reply @aihong2971 2 days ago The Emperor has no cars Reply 1 reply @AnamarieJensen-rt5fi 3 days ago Who care Reply @LARRYANIEL-dz9zz 23 hours ago Crazy son in the basement Reply @sewinvicta9274 2 days ago 9:25 The host looked so disinterested. XD Reply @seancurtin5609 3 days ago Wolff the china economy is totally subsidised if any country subsidises their industry like that it’s easy to grow, please deal with this fact 1 Reply @dialecticalmonist3405 3 days ago Does this guy have any idea that it's about POPULATION? He can't be that clueless. The Chinese don't care about any of that. "Do something" about the billions of poor? Lol. "Do something". Hilarious. Reply @nicolle_2944 1 day ago Lol.. the Chinese cars are rubbish Reply @dazedhavoc 3 days ago Sounds like the Nigerians should innovate and build something? Reply @mechannel7046 2 days ago 37:00 european elections Reply @petervossos4816 3 days ago I saw a video on Russia recently and most of the cars on the road were Chinese ..!! Stupidity.. !!! Reply 1 reply @westizbest2017 2 days ago Man Kansas guy just get on with the point instead of telling us all about his coffee outs and all the rest of his life story and all these other side points and notes and references like just get on with it and say what you got to say man damn Reply @samlim4091 15 hours ago UsA çollapse alĺ tĥe will ɓe Happy Reply @chriscordoba3979 2 days ago I read the Good Earth! Reply @SuperInestable 2 days ago Reply @tedmusson5179 2 days ago Not even close pally. You subtract USSR and the entire character changes. Where did that silly U$ to the rescue come from. U$ had much to do with nazi development. Reply @eduardoquirino8131 3 days ago The US is self sufficient in just about everything, It also has two next door neighbors that are economic powerhouse partners. China is so dependent on it's trade. It is dependent on imports of just about everything to survive, it has very little resources and 1.3 billion people that need to be fed and served. It's military is so huge but not a formidable fighting machine. China is surrounded by very angry neighbors that it has bullied for many years. 2 Reply 2 replies @yuglesstube 2 days ago I must respectfully disagree. This priblem goes beyond economic rationalism. The societal consequences of deindustrialisation are terrible. We can't compete with China. Not directly. We have a totally different system of economy that requires relatively high levels of pay and benefits, which is as it should be. Sending us back to the 20s would cause a civil conflict. Protectionism is sometimes the only way to protect our way of life. Reply @camhaothi8400 2 days ago That man is more like Brianwash Reply @AnamarieJensen-rt5fi 3 days ago Thats a brutally abusive abuser humans lifes and taken advantages far boundaries the importance to safety and humans lifes when the life icant goin back to lifes but the economy can't fixes abd doesn't who you are if you are biggest billionare and the world's keep your moneys and leave to united state of America Reply @coffeeman9475 3 days ago Zhang He is pronounced as Zhang Her as in Yellen and "her" failed economics. 1 Reply @ESuccessMasters 2 days ago ️️️ 1 Reply @BraveNewWorld5404 3 days ago (edited) Whether tariffs on foreign imports is good or not really depends on your position. From economic perspective, this tariff totally does not make sense, it will hurt the economy no matter which side you are on, it is a lose lose situation, wrong and stupid. However, from political point of view, to manage the well being of our own country, it is clear as a hell without tariff or other political measurements, American industries will be crashed one by one. To say "American has to improve its productivity" is pure academic naivety and not serious. We have a high wage, high benefit, highly regulated working environment comparing to the developing countries, our working class people are much more conscious with their human rights and other rights related to the workplace than the working class people from the developing countries. We always refer to the tariff as tariff war, everybody suffers, totally negative. However, nobody wants the second world war too, economically speaking everybody got bankrupt. But if we did not fight the war, Nazi fascist could be the new world order. China is a communist country adopting capitalistic economic system for little over 30 years, China can change back to the communist economic system through its political system over night, and no one can stop it, even it means that everyone has to sacrifice economically, because Chinese media are totally under the control of its political apparatus. If we do not like Nazi's new world order, and we went and fought with that political system with real war, maybe it is reasonable if we do not like communist political system to be the new leader of the future, we can fight it with tariffs. We may still lose, like old Roman empire, and we have no one to blame but ourselves. Reply 1 reply @sethmiller5414 2 days ago He is so off base on the quality of the Chinese electric cars. They are not the 'best' by a wide margin Reply @allantay9020 3 days ago Obliviously it's the busybody US. Reply @margator1036 3 days ago One day the U.S., Canada, and Mexico may form some type of economic and political union that will unify the entire North American and Central American continent. There are already many citizens and businesses in each others countries already. One currency and free trade and movement people. A huge market with tremendous resources and efficiency. Are we in the early days of the American story? 2 Reply The Jay Martin Show · 11 replies @TheKkpop1 3 days ago Chinese have suddenly waking up to the fact buying chips from US is dangerous to its national security. They can't continue to assemble chipsets with US technology and play only certain roles in the supply chain. They must develop its own or revolutionise the semiconductor industry from the beginning to the end in the supply chain of design, essential materials, EDA, components, lithography machine to the final product. Reply @rohitkothari3890 2 days ago Comment sections flooded by han bots Reply 2 replies @stewartderekbarker-bo9kg 2 days ago ️️️️ Reply @seancurtin5609 2 days ago This guy is a total liar you haven’t even mentioned all the subsidies Reply @solartime8983 3 days ago 48:.."Pretending this isn't going on...is killing US." Reply @charlottegude4204 3 days ago Nations evolve to recreate themselves, planet is more interesting Reply @trainer0075 3 days ago I don't know why Jay would have a narcissist communist on his show. 1 Reply @greengrass3835 2 days ago this guy is horrible. Reply @eespn4764 3 days ago As a outsider i can say US first, china winning without war, Communists in US Reply 1 reply @reynoldliao7462 3 days ago Funny how Jay is desperately trying to comfort himself that the Chinese aren’t really that good. Whether they are or not, it’s just a weak sauce rationalization. Reply @zbigniewdzwonkowski3536 3 days ago Making simple things get complex in human thinking.... that is the very mental work of Vedic Maya Entity.... the Deceiver....Christians call Her Satan.. Reply @oliveoil7642 2 days ago (edited) China also has loads of debt, aging demographics and a housing bubble that burst. It’s tyranny during covid was unsurpassed and ineffective. It’s not all roses there either! Reply 2 replies @davidwong189 3 days ago Too true, amused looking at what the Americans are doing Reply 1 reply @ABCXYZ-jk8me 3 days ago BLESSINGS.... come from... GOD...Through GOD'S CHOSEN PEOPLE OF THE HOLY LAND!! demons are attacking THE HOLY LAND demons, also, are attacking our land BORN-AGAIN RAPTURE TO HEAVEN IS THE ONLY HOPE... Reply @whydotheathensrage 3 days ago So is this cat pro illegal immigration?? Reply 1 reply @Baoboi332 2 days ago China failing. China had to raise retirement age this week as they are running out of money. China unemployment skyrocketing for new college grads. China still has 700 million poor. Median income in China is only equivalent to $5K USD verses USA that is $75K. China is economy is still dependent on export economy which is going away. China also experiencing demographic collapse. All this commentary is sad as this guy is a race baiter. China is far more racist than USA. 1 Reply @RickStephens-if3wr 3 days ago What you’re saying reminds me of the man that built the Tucker car our government and the other car manufacturers didn’t want the competition to build something that was better. I’ve seen the motor supposedly I got 27 miles to a gallon is way ahead of its time and free enterprise should work better than that. Thanks, Rick. Reply @jamesbroughton4706 3 days ago the americans will fall first Reply 3 replies @karleells6540 3 days ago Richard never shuts up. 1 Reply 3 replies @NomiVega 3 days ago Beautiful ️ Reply @japorto100 3 days ago Nice please part 2. I like richard and i like the chinese hybrid system Reply 1 reply @michaelgroves3460 2 days ago Chinese propaganda... Reply @Psariman 3 days ago I get the economic view of China, however, how can that happen without the authoritative aspect of the government of China? Is he advocating that the way that China governs its people is acceptable? I wish he got more into that aspect because we can’t ignore the atrocities of communism to its People. I can completely appreciate whathe’s saying, but without getting into the drastic downside of what communism brings to its people also, it leaves a lot of questions. I could have used another hour of his perspective. Reply @ipeteagles 3 days ago china didn't open its market to the world though, did it, Richard?