The Duran Podcast
BRICS Meeting to Develop Multipolar World - Jeffrey Sachs, Alexander Mercouris & Glenn Diesen
Sep 19, 2024
Jeffrey Sachs, an influential economist, joins legal analyst Alexander Mercouris and geopolitical expert Glenn Diesen for a deep dive into the evolving BRICS movement. They discuss the challenge to U.S. hegemony and the rise of alternative global trade systems, emphasizing the significant shift in economic power towards Asia. The trio critiques current U.S. foreign policies and the adversarial stance towards China and Russia. They call for a more cooperative global approach, warning against the dangers of a polarized, us-versus-them mentality in international relations.
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Quick takeaways
- BRICS has emerged as a crucial geopolitical entity to counter U.S. dominance and create a multipolar world for economic cooperation.
- The shift towards a multipolar global economy is driven by Asia's rising prominence and the need for cooperative international relations to ensure stability.
Deep dives
The Evolution and Purpose of BRICS
BRICS has evolved from a group of emerging economies into a geopolitical entity in response to U.S. foreign policy, which often perceives other nations as foes. This group, including nations like India, China, Brazil, and South Africa, emerged as a counterweight to U.S. dominance, particularly after the weaponization of the U.S. dollar and the imposition of sanctions. Many countries feel the pressure of these sanctions, leading them to explore alternative frameworks for trade and economic cooperation. As BRICS seeks to establish a new international economic architecture, the focus is on creating a multipolar world that allows nations to collaborate on their own terms without succumbing to U.S. influence.
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