Imperialism, neoliberalism's failure and the new cold war, with Radhika Desai
Geopolitical Economy Report
00:00
The Challenge to Capitalism in Geopolitical Economy
I think it has become very clear, particularly in the aftermath of the pandemic, shocked that the development of these capitalist developing countries is far weaker than China's. And because of that, I would say that countries that are not socialist in any sense will still consider employing socialist methods as they are so manifestly more effective. But finally, and perhaps most importantly, you know, in geopolitical economies, it's very clear that neoliberal financialized capitalism is extremely weak. It is unable to create stable prosperous broad, broadly prosperous economies - this represents the decline of capitalism.
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