The only short-term solution is a radical tightening of exchange controls against corporations and wealthy individuals
Patrick Bond
The response to the Brazilian coup shows that the BRICS powers are not a real alternative to US imperialism
Grassroots protesters all over Africa are questioning the logic of export-led ‘growth’ and renewed fiscal austerity, instead demanding that policies meet their basic needs
A wedge is being quickly driven through Pretoria’s political elite
Subsidized white capitalists and oppressed activists are amongst those who must “not be named”
Brazil, Russia, India and China quietly step on African heads to get more IMF voting power, as one instance of the anti-Western rhetorical charade
The Chinese financial meltdown is another instance of the system’s core contradictions, but one potentially big enough to pull it all down
Is South Africa finally maturing to the point that the economic – not just political – compromises of the 1990s democratic transition can be reconsidered?
The country’s surface-level political drama should not distract from deeper fissures
Will Beijing amplify the neo-colonial patterns of extractive looting paved by Western capital?