Patrick Bond discusses modern-day multilateral networks of imperial power, the role BRICS countries play within this framework, and the need to incorporate the concept of "unequal ecological exchange" to our analyse of imperialism.
Patrick Bond
Patrick Bond & Desmond D’Sa — The crucial point for the host-country president and his supporters in Western, BRICS+ and OPEC countries was to not concede the need to “phase out“ gas, oil and coal.
Patrick Bond — The BRICS summit in Johannesburg concluded on August 24 after a major disappointment: the long-overdue challenge to U.S. dollar hegemony was stillborn due to the bloc’s conservative forces.
Patrick Bond — Talk of a “BRICS+” with new members and a “de-dollarization” agenda are raising the profile of this network to an unprecedented — and unrealistic — level.
Early March 2022 provided a surprising reflection of the extent to which dominant Western norms of international finance could retain hegemony, even as the world’s North-South polarisation suddenly worsened. The Shanghai-based New Development Bank (NDB) was set up by five countries – Brazil, Russia, India, China and South Africa (BRICS) – at a 2014 Brazilian conference of presidents.