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Yanis Varoufakis’ perspective on Trump’s approach to securing US dominance

Summary:
"[Trump] sees the world like a bicycle wheel. And the way to answer the question of how hegemony, US capitalist hegemony, will be maintained is to turn the United States into the hub of the wheel and treat every other country like Germany, France, Britain, be more powerful and have more bargaining power in relation to each one of the spokes. So destroying multilateralism, the World Trade Organization, the G20, even the IMF and the World Bank, and place America first, turn it into the hub of the wheel. While at the same time retreating from the various wars that multilateralism required." - Yanis Varoufakis in conversation with Richard Wolff Watch the full episode: https://www.youtube.com/watch?v=7sFlOLpgl8E ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ We make it a point to provide the show free of

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"[Trump] sees the world like a bicycle wheel. And the way to answer the question of how hegemony, US capitalist hegemony, will be maintained is to turn the United States into the hub of the wheel and treat every other country like Germany, France, Britain, be more powerful and have more bargaining power in relation to each one of the spokes. So destroying multilateralism, the World Trade Organization, the G20, even the IMF and the World Bank, and place America first, turn it into the hub of the wheel. While at the same time retreating from the various wars that multilateralism required." - Yanis Varoufakis in conversation with Richard Wolff



Watch the full episode: https://www.youtube.com/watch?v=7sFlOLpgl8E

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

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Yanis Varoufakis
An accidental economist Let me begin with a confession: I am a Professor of Economics who has never really trained as an economist. But let’s take things one at a time.

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