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BRICS and the myth of the multipolar world

Pages: 12345

By Takis Fotopoulos

BRICS and the myth of the multipolar world. 53702.jpeg

The paradoxical myth that we already live in a multipolar world (or, in a milder version, that a multipolar world has already been emerging) has grown strongly in the last few years. The paradox lies in the fact that this myth is promoted not only by the Transnational Elite (i.e. basically the elites rooted in the countries of the "G7"), which runs the New World Order (NWO) of neoliberal globalization, but also by the elites of the countries constituting the supposedly alternative pole to it, i.e. the elites of the BRICS countries themselves (Brazil, Russia, India, China and South Africa).

The Transnational Elite (TE) has, of course, every reason to conceal the growing concentration of economic, political, military, and cultural power in its hands, within the process of creating an informal system of global governance, as celebrated by Simon Peres, the ex-President of Israel, in his 2013 talk in front of the European Parliament.[1] Thus, the countries belonging to this elite can be shown[2] to concentrate in their hands all forms of transnational power and therefore the bulk of transnational sovereignty. That is:

  • transnational economic sovereignty, in the sense that all major Transnational Corporations (TNCs), which control the world markets for commodities and capital can se shown to be based (not just in the legal sense) in these countries, whereas all major
    international economic organizations (WTO, IMF, WB are also controlled by the elites of the same countries;
  • transnational political/military sovereignty, in the sense that all major international political-military organizations (UN, NATO, etc.) can also be shown to be controlled by the TE countries;
  • transnational media power in the sense that all international media controlling world public opinion (what euphemistically is called the 'world community') are also based in the same countries; and, finally,
  • transnational cultural power, in the sense that all major institutions of the 'culture industry' controlling world culture are overwhelmingly held by the TE -although of course in the NWO this has little, if anything, to do with the general cultural level and much more to do with controlling the major production and distribution networks of culture (see e.g. the world dominance of Hollywood's abysmally low-quality output!)

On the other hand, as regards to the sovereignty of BRICS countries in general, their condition is much worse compared to that of Russia. Not only are the other BRICS countries much more integrated into the NWO than Russia (without enjoying any comparable degree of its transnational sovereignty) but, even worse, their national sovereignty is much less than Russia's. So, far from the BRICS countries constituting part of a multipolar world--as the TE propaganda asserts in order to hide its real transnational monopoly of power-- in fact, they are not sovereign countries in any sense of the word. Thus, if even Russia does not share any comparable degree of transnational sovereignty to that of the TE members, this is true par excellence for countries like China and India, whose control over the transnational economic power is marginal, let alone their control over transnational political, media and cultural power. Particularly so, as Russia, for the reasons Ι examined elsewhere,[3] is much less integrated into the New World Order (NWO) of neoliberal globalization than any of the other BRICS countries.

Thus, despite the fact that the five BRICS countries account for nearly three billion people (42% of world population), their combined nominal GDP represents only 20% of global GDP[4] and their total capital investment was estimated to be between a minimum 11% of global capital investment[5] and a maximum 20%[6], indicating that the degree of transnational sovereignty of these countries is marginal, if not negligible, in  proportion to their huge populations.  So, the fact that the purchasing power of aggregate Chinese GDP has now surpassed US levels (as a result of the fact that the US population is only 23% of the Chinese) by no means implies that China is the world's greatest economic power. In other words, economic power is still concentrated in the West (i.e. mainly the G7 countries) from where all major TNCs originated, and where their power and, frequently, their research and development centers, are still based.

Also, if we attempt to project the expected transnational power of the TE compared to that of China, even if we add Russia in the equation on China's side, it is obvious that the two blocs will never control, in any foreseeable future, a comparable degree of transnational power. This implies that if Russia and China really wish to be independent states enjoying national and economic sovereignty they have to break from the present Word Order that is controlled by the TE, as they should never hope of becoming equal members of the TE within it.

Pages: 12345


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