BRICS

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.

An edited collection which critiques mainstream economic analysis of the BRICS nations from an anti-capitalist viewpoint.

List of ContributorsList of Abbreviations1. Introduction - Ana Garcia and Patrick BondPart I: Sub-Imperial, Inter-Imperial or Capitalist-Imperial?2. BRICS and the Sub-Imperial Location - Patrick Bond3. Sub-Imperialism, the Highest Stage of Dependent Capitalism - Mathias Luce4. BRICS, Capitalist-Imperialism and New Contradictions - Virginia Fontes5. BRICS, the G20 and the American Empire - Leo Panitch6. Capitalist Mutations in Emerging, Intermediate and Peripheral Neoliberalism - Claudio KatzPart II: BRICS 'Develop' Africa, Latin America and Eastern Europe7. BRICS Corporate Snapshots during African Extractivism - Baruti Amisi, Patrick Bond, Richard Kamidza, Farai Maguwu and Bobby Peek8. The Story of the Hunter or the Hunted?: Brazil's Role in Angola and Mozambique - Ana Garcia and Karina Kato9. China's Geopolitical Oil Strategy in the Andean region - Omar Bonilla Martinez10. The Transnationalisation of Brazilian Construction Companies - Pedro Henrique Campos11. Behind the Image of South-South Solidarity at Brazil's Vale - Judith Marshall12. Rio's Ruinous Mega-Events - Einar Braathen, Gilmar Mascarenhas and Celina Sørbøe13. Modern Russia as Semi-Peripheral, Dependent Capitalism - Ruslan Dzarasov14. Russia's Neoliberal Imperialism and the Eurasian Challenge - Gonzalo PozoPart III: BRICS within Global Capitalism15. BRICS and Transnational Capitalism - William Robinson16. BRICS at the Brink of the Fossil Bonanza - Elmar Altvater17. Scramble, Resistance and a New Non-Alignment Strategy - Sam Moyo and Paris Yeros18. The BRICS' Dangerous Endorsement of 'Financial Inclusion' - Susanne Soederberg19. China and the Lingering Pax Americana - Ho-fung Hung20. The Future Trajectory of BRICS - Achin Vanaik21. Does the South Have a Possible History? - Vijay Prashad22. Whose Interests are Served by the BRICS? - Immanuel Wallerstein23. BRICS after the Durban and Fortaleza Summits - Niall Reddy24. Building BRICS from Below? - Ana Garcia25. Co-dependent BRICS from above, Co-opted BRICS from the Middle and Confrontational BRICS from Below - Patrick BondIndex