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Abstract
The rise of the BRICS - a bloc of emerging economies, comprised of Brazil, Russia, India, China and South Africa, is one of the defining features of the modern global economy.
This book explores these nations, which seem to be growing at a much faster rate than the developed nations of the Eurozone and North America. Will they drag the developed world out of the economic mire? Will they force social change and innovation into the tired 'old world order'? And politically, do they herald a new dawn for democracy or do they represent a continued political repression?
This edited collection answers these questions by offering critical analysis of the rise of the BRICS economies within the framework of a predatory, exclusionary and unequal global capitalism. From Chinese oil geopolitics to the ruinous 'mega-events' in Brazil, the authors provide a new, radical way of understanding these controversial developments.
'A uniquely valuable resource written by a stellar group of authors. They pierce through every aspect of the discourse around the BRICS, showing the reality beneath the politically engineered triumphalism.'
Alfredo Saad-Filho, Professor of Political Economy, School of Oriental and African Studies, University of London
"This book is the most significant work yet published to examine these issues through a critical lens. It features essays from leading leftist scholars across the world such as Patrick Bond, Immanuel Wallerstein, Leo Panitch, William Robinson, Elmar Altvater, and Vijay Prashad, among many others ... The authors document the currently existing positions on the BRICS: from those who celebrate it, are cautious of it, to those who criticize it. It provides a useful and comprehensive overview of the current state of debate on the topic and provides a clear way to introduce the volume.'
James Parisot, Marx & Philosophy Review of Books
Table of Contents
Section Title | Page | Action | Price |
---|---|---|---|
Cover | Cover | ||
Contents | v | ||
Contributors | vii | ||
Abbreviations | xiii | ||
1. Introduction - Ana Garcia and Patrick Bond | 1 | ||
Part 1: Sub-imperial, inter-imperial or capitalist-imperial? | 13 | ||
2. BRICS and the sub-imperial location - Patrick Bond | 15 | ||
3. Sub-imperialism, the highest stage of dependent capitalism - Mathias Luce | 27 | ||
4. BRICS, capital-imperialism and new contradictions - Virginia Fontes | 45 | ||
5. BRICS, the G20 and the American Empire - Leo Panitch | 61 | ||
6. Capitalist mutations in emerging, intermediate and peripheral neoliberalism - Claudio Katz | 70 | ||
Part 2: BRICS 'develop' Africa, Latin America and Eastern Europe | 95 | ||
7. BRICS corporate snapshots during African extractivisim - Baruti Amisi, Patrick Bond, Richard Kamidza, Farai Maguwu and Bobby Peek | 97 | ||
8. The story of the hunter or the hunted? Brazil's role in Angola and Mozambique - Ana Garcia and Karina Kato | 117 | ||
9. China's geopolitical oil strategy in the Andean region - Omar Bonilla Martinez | 135 | ||
10. The transnationalisation of Brazilian construction companies - Padro Henrique Campos | 148 | ||
11. Behind the image of South-South solidarity at Brazil's Vale - Judith Marshall | 162 | ||
12. Rio's ruinous mega-events - Einar Braathen, Gilmar Mascarenhas and Celina Sorboe | 186 | ||
13. Modern Russia as semi-peripheral, dependent capitalism - Ruslan Dzarasov | 200 | ||
14. Russia's neoliberal imperialism and the Eurasian challenge - Gonzalo Pozo | 206 | ||
Part 3: BRICS within global capitalism | 229 | ||
15. BRICS and transnational capitalism - William Robinson | 231 | ||
16. BRICS at the brink of the fossil bonanza - Elmar Altvater | 236 | ||
17. Scramble, resistance and a new non-alignment strategy - Sam Moyo and Paris Yeros | 246 | ||
18. The BRICS' dangerous endorsement of 'financial inclusion' - Susanne Soederberg | 251 | ||
19. China and the lingering Pax Americana - Ho-Fung Hung | 254 | ||
20. The future trajectory of BRICS - Achin Vanaik | 261 | ||
21. Does the South have a possible history? Vijay Prashad | 266 | ||
22. Whose interests are served by the BRICS? - Immanuel Wallerstein | 269 | ||
23. BRICS after the Durban and Fortaleza summits - Niall Reddy | 274 | ||
24. Building BRICS from below? - Ana Garcia | 279 | ||
25. Co-dependent BRICS from above, co-opted BRICS from the middle, and confrontational BRICS from below - Patrick Bond | 286 | ||
Index | 297 |