Creating an Alternative Currency and the Belt and Road Initiative

As world leaders from the Global South convene in South Africa for the BRICS Summit this week, the West is watching closely. 23 countries have applied to join Brazil, Russia, India, China, and South Africa in the grouping, which is focused on trade and development in their regions — typically dominated by colonizing powers in Europe and the United States. Where is BRICS headed and what unifies the grouping?

Brian Becker is joined by Mikaela Nhondo Erskog, member of secretariat of Pan Africanism Today, researcher at Tricontinental: Institute for Social Research, member of No Cold War, and host of the podcast The Crane: An Africa-China podcast coming from the DongSheng News collective.

Please make an urgently-needed contribution to The Socialist Program by joining our Patreon community at https://www.patreon.com/TheSocialistProgram. We rely on the generous support of our listeners to keep bringing you consistent, high-quality shows. All Patreon donors of $5 a month or more are invited to join the monthly Q&A seminar with Brian.