Early March 2022 provided a surprising reflection of the extent to which dominant Western norms of international finance could retain hegemony, even as the world’s North-South polarisation suddenly worsened. The Shanghai-based New Development Bank (NDB) was set up by five countries – Brazil, Russia, India, China and South Africa (BRICS) – at a 2014 Brazilian conference of presidents.
China
By William Briggs
January 8, 2022 — Links International Journal of Socialist Renewal — A lie, well told, is often easy to believe. The fiction that China somehow presents a threat to our lives and lifestyles proves the point. Cold War rhetoric is accepted as truth, even when there is no ideological battlefield.
The Cold War between the United States and the Soviet Union was supposedly about ideas. It was presented as a battle between the forces of light on one side and the forces of darkness on the other. The idea was well marketed, and the world ran along these ‘ideological’ rails for the better part of half a century until the collapse of the Soviet Union.
