BRICS : An Anti-Capitalist Critique

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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.
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Product details

  • Hardback | 320 pages
  • 150 x 230 x 25.4mm | 657.71g
  • London, United Kingdom
  • English
  • 0745336361
  • 9780745336367

Table of contents

Introduction - Ana Garcia and Patrick Bond

Part 1: Sub-imperial, inter-imperial or capitalist-imperial?

1. BRICS and the sub-imperial location - Patrick Bond

2. Sub-imperialism, the highest stage of dependent capitalism - Mathias Luce

3. BRICS and capitalist-imperialism - Virginia Fontes

4. BRICS, the G20 and American Empire - Leo Panitch

5. Mutations of upstream, intermediate and peripheral capitalism in the neoliberal era - Claudio Katz

Part 2: BRICS `develop' Africa and Latin America

6. Patrick Bond, Richard Kamidza, Farai Maguwu and Bobby Peek: BRICS corporate snapshots during African extractivism - Baruti Amisi

7. The story of the hunter or the hunted? Brazil's role in Angola and Mozambique

8. Chinese oil geopolitics in the Andean region - Omar Bonilla

9. Pedro Henrique Campos: The transnationalisation of Brazilian construction companies

10. Behind the image of South-South solidarity at Brazil's Vale - Judith Marshall

11. Rio's ruinous mega-events - Einar Braathen, Celina Sorboe and Gilmar Mascarenhas

Part 3: BRICS within global capitalism

12. BRICS within transnational capitalism - William Robinson

13. BRICS as a spectre of alliance - Anna Ochkina

14. BRICS within fossil capitalism - Elmar Altvater:

15. Scramble, resistance and a new non-alignment strategy - Sam Moyo and Paris Yeros

16. The BRICS' dangerous endorsement of `financial inclusion' - Susanne Soederberg

17. The view from Russia -Boris Kagarlitsky

18. The view from China - Au Loong Yu

19. Future trajectories for BRICS? - Achin Vanaik

20. Whose interests are served by the BRICS?21. Patrick Bond: BRICS from above, from the middle and from below - Immanuel Wallerstein

22. Building BRICS from below? - Ana Garcia
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Review quote

"This book is the most significant work yet published to examine these issues through a critical lens. It features essays from leading leftist scholars across the world such as Patrick Bond, Immanuel Wallerstein, Leo Panitch, William Robinson, Elmar Altvater, and Vijay Prashad, among many others ... The authors document the currently existing positions on the BRICS: from those who celebrate it, are cautious of it, to those who criticize it. It provides a useful and comprehensive overview of the current state of debate on the topic and provides a clear way to introduce the volume.' -- James Parisot, Marx & Philosophy Review of Books 'A uniquely valuable resource written by a stellar group of authors. They pierce through every aspect of the discourse around the BRICS, showing the reality beneath the politically engineered triumphalism.' -- Alfredo Saad-Filho, Professor of Political Economy, School of Oriental and African Studies, University of London
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About Patrick Bond

Patrick Bond is Senior Professor at the University of KwaZulu-Natal. He is the author of several books, including Elite Transition: From Apartheid to Neoliberalism in South Africa (Pluto, 2014) 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).
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