VIDEO/The Analysis News/Youtube
Patrick Bond, political economist, Professor of Sociology at the University of Johannesburg, and Director of the Centre for Social Change, discusses the recent BRICS summit in Johannesburg. The BRICS countries continue to call for greater representation within Bretton Woods institutions, while their opposition to US-dollar hegemony has been feeble at best. Patrick Bond lays out the complicity of the BRICS and soon-to-be BRICS+ elite in corruption networks as they profit from Big Oil and Gas contracts and accelerate environmental disasters. This is part 1 of 2.
In part 2, Patrick Bond broadens out his analysis of the BRICS countries engaging in what he terms “talk left, walk right.” He explains the economic theories of “accumulation by dispossession” and refers back to the aims of the Non-Aligned Movement of 1961 and the spirit of the 1955 Bandung Conference.