Fate of Global South Hinges on Iran War, w/ Marxist Economist Prabhat Patnaik episode artwork

EPISODE · Mar 23, 2026 · 53 MIN

Fate of Global South Hinges on Iran War, w/ Marxist Economist Prabhat Patnaik

from Rania Khalek Dispatches · host Rania Khalek

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.

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, Ra...

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Fate of Global South Hinges on Iran War, w/ Marxist Economist Prabhat Patnaik

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This episode was published on March 23, 2026.

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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...

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