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.
Table of Content
List of Contributors
List of Abbreviations
1. Introduction - Ana Garcia and Patrick Bond
Part I: Sub-Imperial, Inter-Imperial or Capitalist-Imperial?
2. BRICS and the Sub-Imperial Location – Patrick Bond
3. Sub-Imperialism, the Highest Stage of Dependent Capitalism – Mathias Luce
4. BRICS, Capitalist-Imperialism and New Contradictions – Virginia Fontes
5. BRICS, the G20 and the American Empire – Leo Panitch
6. Capitalist Mutations in Emerging, Intermediate and Peripheral Neoliberalism – Claudio Katz
Part II: BRICS ‘Develop’ Africa, Latin America and Eastern Europe
7. BRICS Corporate Snapshots during African Extractivism – Baruti Amisi, Patrick Bond, Richard Kamidza, Farai Maguwu and Bobby Peek
8. The Story of the Hunter or the Hunted?: Brazil’s Role in Angola and Mozambique – Ana Garcia and Karina Kato
9. China’s Geopolitical Oil Strategy in the Andean region – Omar Bonilla Martinez
10. The Transnationalisation of Brazilian Construction Companies – Pedro Henrique Campos
11. Behind the Image of South-South Solidarity at Brazil’s Vale – Judith Marshall
12. Rio’s Ruinous Mega-Events – Einar Braathen, Gilmar Mascarenhas and Celina Sørbøe
13. Modern Russia as Semi-Peripheral, Dependent Capitalism – Ruslan Dzarasov
14. Russia’s Neoliberal Imperialism and the Eurasian Challenge – Gonzalo Pozo
Part III: BRICS within Global Capitalism
15. BRICS and Transnational Capitalism – William Robinson
16. BRICS at the Brink of the Fossil Bonanza – Elmar Altvater
17. Scramble, Resistance and a New Non-Alignment Strategy – Sam Moyo and Paris Yeros
18. The BRICS’ Dangerous Endorsement of ‘Financial Inclusion’ – Susanne Soederberg
19. China and the Lingering Pax Americana – Ho-fung Hung
20. The Future Trajectory of BRICS – Achin Vanaik
21. Does the South Have a Possible History? – Vijay Prashad
22. Whose Interests are Served by the BRICS? – Immanuel Wallerstein
23. BRICS after the Durban and Fortaleza Summits – Niall Reddy
24. Building BRICS from Below? – Ana Garcia
25. Co-dependent BRICS from above, Co-opted BRICS from the Middle and Confrontational BRICS from Below – Patrick Bond
Index
About the author
Ana Garcia is Professor of International Relations at the Federal Rural University of Rio de Janeiro and associate of the Institute of Alternative Policies of the Southern Cone (PACS). She is co-editor of BRICS: An Anti-Capitalist Critique (Pluto, 2015) and Elite Transition: From Apartheid to Neoliberalism in South Africa (Pluto, 2014).
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