China, Japan and the U.S.
Tuesday, February 09, 2010
Source: Socialist Project
China, Japan and the U.S.
Moderated by Leo Pantich. Presentations by:
- R. Taggart Murphy, Graduate School of Business Sciences, University of Tsukuba, Japan, and author of Japan's Policy Trap (2002) and The Weight of the Yen (1996), and editor of Japan Focus.
- Ho-fung Hung, Department of Sociology, University of Indiana and editor of China and the Transformation of Global Capitalism (2009) and author of 'America's Head Servant? The PRC's Dilemma in the Global Crisis,' New Left Review (2009) and 'The Rise of China and the Global Overaccumulation Crisis,' Review of International Political Economy (2008).
- Johanna Brenner, Department of Sociology, Portland State University, and author of Women and the Politics of Class (2000) and Rethinking the Political: Women, Resistance, and the State (1995).
- Sam Gindin, Department of Political Science, York University, and author of Global Capitalism and American Empire (2004) and The Canadian Auto Workers (1995).



transcript?
By Chang, Harvey at May 06, 2010 01:10 AM
So far I've seen the first video of this series, and the first half hour by R. Taggart Murphy was extremely helpful to me in providing new and deeper understandings of the relations between the US and Japanese economies since WWII, especially the role of Japanese exports in unexpectedly maintaining the Reagan supply-side economics, and the way this was the model for the recent use Chinese exports to sustain the bubble economies in mortgages and derivatives, as explained further by Ho-Fung Hung, including the "trap" China finds itself in, with large amounts of US funds that it has to keep buying to avoid the risk of their value crashing. I'll want to look more into R. Taggart Murphy's description of Japan using a controlled bubble economy.
I suspect some of my friends, especially some Japanese ones, will find it easier to follow a text transcript, and I was wondering if this is available or being planned?
Thanks!
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