PHYLLIS BENNIS, T.J. JACKSON LEARS and JEFFREY D. SACHS – Three insightful analysts of present-day U.S. foreign policy share their thoughts in a roundtable discussion moderated by Norman Solomon.
Tag: BRICS (Brazil Russia India China South Africa}
Empire Decline and Costly Delusions
RICHARD D. WOLFF – The last 40 to 50 years of the economic history of the G7 witnessed extreme redistributions of wealth and income upward. Those redistributions functioned as both causes and effects of neoliberal globalization. However, domestic reactions (economic and social divisions increasingly hostile and volatile) and foreign reactions (emergence of today’s China and BRICS) are undermining neoliberal globalization and beginning to challenge its accompanying inequalities. U.S. capitalism and its empire cannot yet face its decline amid a changing world. Delusions about retaining or regaining power at the top of society proliferate alongside delusional conspiracy theories and political scapegoating (immigrants, China, Russia) below.
The West’s Dangerously Simple-Minded Narrative About Russia and China
JEFFREY D. SACHS – The overwrought fear of China and Russia is sold to a Western public through manipulation of the facts.