Economy
Fate of Global South Hinges on Iran War, w/ Marxist Economist Prabhat Patnaik
In week 4 of the U.S.-Israeli war of aggression on Iran, the global economy has been pushed to the brink.
Iran’s disruption of the Strait of Hormuz shows just how key it is to global energy markets, supply chains, and food systems, putting millions at risk.
So what happens when the U.S. no longer has a monopoly on economic coercion?
Has Trump overplayed his hand?
Are we witnessing the limits of American power and the beginning of a more chaotic global order?
To break it all down, Rania Khalek is joined by Marxist economist Prabhat Patnaik, professor emeritus at Jawaharlal Nehru University and co-author of Capital and Imperialism: Theory, History, and the Present.
The U.S. can unleash chaos but it can’t control the consequences anymore.
@RaniaKhalek speaks with Prabhat Patnaik on why Trump’s war on Iran may mark the end of an era. Now other countries can hit back with their own economic warfare.
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