BRICS Breakthrough? Economists Richard Wolff & Patrick Bond on Growing Alliance, Challenge to U.S.

[Uncle Joe]

Will the BRICS economic and political alliance change the world's U.S.-centered balance of power? As the annual BRICS summit wraps up in Russia, we host a debate between American economist Richard Wolff and South African sociologist Patrick Bond over the significance of the conference. This year, the nine BRICS countries invited 13 new "partner states" into their alliance, which Wolff calls "historic" and "a serious economic competitor to the United States and its role in the world." Bond, on the other hand, argues that BRICS should be considered a "subimperial" formation, which expands and legitimates the existing world economic system rather than truly disrupting it.

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[BadGimp]

1. It will require true political leadership to deal with this.

We only have one Presidential candidate in the race who is both capable and prepared.

[peppertree]

2. And the Argentine Trump Mini-Me (Milei) ripped up the agreement just to get a pat on the head from U.S. billionaires

Which he's traveled around a dozen times to get - and at Argentine taxpayer expense.

(Biden - to his credit - has refused to meet with the ranting fascist and misogynist)

Meanwhile - his country sinks deeper and deeper into its Mileise...

[Basso8vb]

3. Lol, no.

[Gaugamela]

4. What did you think about Wolff's point regarding relative GDPs?

[PortTack]

5. BRICS has been around a long long time. The dollar is stronger than ever. The US economy is driving the world's

Economy. We produce more oil than any other country on the planet, exports are up…but hey, BRICS is gonna whip the west…sure.