American Capitalism vs Chinese Control: The TRUTH about US-China Relations

This excellent discussion touched upon China's century of humiliation. Here is a summary. China was the richest country in the world in 1840, its GDP was about 40% of world's total. Britain wanted everything China produced: tea, silk, porcelain, etc, but did not want to pay for it with honest work. Instead, Britain tried to smuggle opium to China, and of course China said no. Enraged, Britain invaded China, along with its allies (the French, Germans, Russians, etc). China was rich but militarily weak and was defeated by Britain. China was forced at gunpoint to accept opium, and pay Britain and other Europeans trillions in silver for the trouble of invading China, and for the "harm" the invadeds suffered at the hands of the Chinese people resisting invasions. Britain forced China to accept opium legally. China collapsed, because all its gold, silver and treasures were plundered by the British and other Europeans, who dumped vast quantities of opium on the Chinese people (imagine the fentanyl crisis on steroids and sold legally all over the country ). China was plunged into a living hell, defenseless and ravaged by endless wars and the opium trade. Then Japan invaded in the 1930, murdering 40 million Chinese during the invasion, or 1/10 of China's total population at the time. Endless foreign invasions, and the looting of Chinese wealth by Europeans, Americans and the Japanese, as well the murderous rampages carried out by the colonial powers characterized China from 1840 to 1949, viewed as the darkest period in Chinese history. Never again is basically the Chinese sentiments now.

I wish I could like this 10,000 times. This man is the first American I have heard speak intelligently about China.

America 100year of humiliation has begun .

Professor Wolff is a gift, thank you for having him on.

“If you wait by the river long enough, the bodies of your enemies will float by.” ― Sun Tzu

Professor Wolff says it all..!

Wrong, they lend the money to those countries in return for doing businesses with them. Those countries can choose to do business with US too. China doesn’t care. Most countries would not want to lose China’s big market. If you don’t believe me, Ask your own American Corporations!

American capitalism is the state serving the capitalists whereas China's capitalism is serving the state's interests. That's the most important difference and the explanation of geopolitical changes in the world today.

I 100% agree with the previous comment. Professor Wolff is a Rock Star!

Very good interview, thanks 🙏