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Not TINA (There Is No Alternative) but TAPAS: THERE ARE PLENTY OF ALTERNATIVES
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BRICS from below: counterpower movements in Brazil, India and South Africa - Open Democracy

BRICS from below: counterpower movements in Brazil, India and South Africa - Open Democracy | real utopias | Scoop.it
While
movements in Brazil and South Africa have been fueled by unrealized
socio-economic expectations and by explosive growth in India, what they have
most in common is the subordination of democracy to money.
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Greek Defense Minister: USA, Russia, China Could Lend to Greece

Greek Defense Minister: USA, Russia, China Could Lend to Greece | real utopias | Scoop.it
Defense Minister and president of junior coalition partner ANEL, Panos Kammenos, said that Greece has a Plan B in case negotiations with its European partners fail. He said that Greece can turn to the U.S., Russia or China for financial support.
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The Euro-Russia row as a result of an overlap between two economic unions : lessons for a multipolar world in the wake | Euro-BRICS

The Euro-Russia row as a result of an overlap between two economic unions : lessons for a multipolar world in the wake | Euro-BRICS | real utopias | Scoop.it

The Euro-BRICS project firmly believes that the emergence of a multipolar world is a heavy trend that should be welcome and accompanied rather than feared and contained. Indeed LEAP bases its work on an original prospective method – political anticipation[1] – which, among other features, intends to help detect unavoidable trends, identify future-bearer paths amidst these trends and define adaptation strategies for systems to find their way through these positive futures. One of our predicates is that containing heavy trends leads to violence, whether economic, social or military.

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The BRICS: Challengers to the Global Status Quo - Toward Freedom

The BRICS: Challengers to the Global Status Quo - Toward Freedom | real utopias | Scoop.it

Can the BRICS wrest control of the global economy from the United States and Europe, or will their internal contradictions tear them apart?


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In Fortaleza, BRICS became co-dependent upon eco-financial imperialism - Links International Journal of Socialist Renewal

In Fortaleza, BRICS became co-dependent upon eco-financial imperialism - Links International Journal of Socialist Renewal | real utopias | Scoop.it

BRICS are friendly family enablers of Western capitalists who are fatally addicted to speculative-centric, carbon-intensive accumulation. Suffering what increasingly appears to be the neurological impairment of a junkie, officials in Washington, London, Brussels, Frankfurt and Tokyo continue helter-skelter pumping of zero-interest dollars, euros and yen into the world economy. This is a hopeless drug-addict’s fix: maintaining policies of economic liberalisation that lower national economic barriers and generate new asset bubbles.

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BRICS: Progressive Rhetoric, Neoliberal Practice - The Real News Network

BRICS: Progressive Rhetoric, Neoliberal Practice - The Real News Network | real utopias | Scoop.it

Patrick Bond is the director of the Center for Civil Society and a professor at the University of KwaZulu-Natal in South Africa. Bond is the author of the recently released books, South Africa - The Present as History (with John Saul) and the 3rd edition of Elite Transition.


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Nobel Economist Joseph Stiglitz Hails New BRICS Bank Challenging US ... - Truth-Out

Nobel Economist Joseph Stiglitz Hails New BRICS Bank Challenging US ... - Truth-Out | real utopias | Scoop.it

A group of five countries has launched its own development bank to challenge the U.S.-dominated World Bank and International Monetary Fund. Leaders from the so-called BRICS countries — Brazil, Russia, India, China and South Africa — unveiled the New Development Bank at a summit in the Brazilian city of Fortaleza. The bank will be headquartered in Shanghai. Together, BRICS countries account for 25 percent of global GDP and 40 percent of the world’s population. To discuss this development, we are joined by Nobel Prize-winning economist Joseph Stiglitz, a professor at Columbia University and the World Bank’s former chief economist. "It’s very important in many ways," Stiglitz says of the New Development Bank’s founding. "This is adding to the flow of money that will go to finance infrastructure, adaptation to climate change — all the needs that are so evident in the poorest countries. It [also] reflects a fundamental change in global economic and political power. The BRICS countries today are richer than the advanced countries were when the World Bank and the IMF were founded. We’re in a different world — but the old institutions haven’t kept up."

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Are BRICS any use for rebuilding the collapsing global financial architecture? - International Viewpoint

In its most recent world public opinion survey, the Pew Research Centre found that ‘international financial instability’ is considered a major threat by 52 percent of those polled was a close second, after climate change at 54 percent).

  
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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation