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.
Patrick Bond is Senior Professor at the University of KwaZulu-Natal. He is the author of several books, including BRICS (Pluto, 2015) and Elite Transition (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). She is co-editor of BRICS: An Anti-Capitalist Critique (Pluto, 2015) and Elite Transition: From Apartheid to Neoliberalism in South Africa (Pluto, 2014).
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