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How Neoliberalism Weakens Economies And Fuels Alternative Systems

Major economic shifts are occurring in the world, in part driven by a response to Western imperialist nations’ long history of attempting to impose their will through economic and military coercive measures. To understand the current state of globalization and where it is headed, Clearing the FOG speaks with Radhika Desai, the director of the Geopolitical Economy Research Group at the University of Manitoba. Desai discusses neoliberalism and how it weakens first world economies as well as alternatives such as the BRICS formation that are starting to have a significant impact in challenging Western hegemony. She also describes the current events in Western Asia as another turning point in the decline of Western power.

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Guest:

Dr. Radhika Desai is Professor at the Department of Political Studies, and Director, Geopolitical Economy Research Group, University of Manitoba, Winnipeg, Canada. She is the author of Geopolitical Economy: After US Hegemony, Globalization and Empire (2013), Slouching Towards Ayodhya: From Congress to Hindutva in Indian Politics (2nd rev ed, 2004) and Intellectuals and Socialism: ‘Social Democrats’ and the Labour Party (1994), a New Statesman and Society Book of the Month, and editor or co-editor of Russia, Ukraine and Contemporary Imperialism, a special issue of International Critical Thought (2016), Theoretical Engagements in Geopolitical Economy (2015), Analytical Gains from Geopolitical Economy (2015), Revitalizing Marxist Theory for Today’s Capitalism (2010) and Developmental and Cultural Nationalisms (2009).

She is also the author of numerous articles in Economic and Political Weekly, International Critical Thought, New Left Review, Third World Quarterly, World Review of Political Economy and other journals and in edited collections on parties, political economy, culture and nationalism.

With Alan Freeman, she co-edits the Geopolitical Economy book series with Manchester University Press and the Future of Capitalism book series with Pluto Press.

She serves on the Editorial Boards of many journals including Canadian Political Science Review, Critique of Political Economy, E-Social Sciences, Pacific Affairs, Global Faultlines, Research in Political Economy, Revista de Economía Crítica, World Review of Political Economy and International Critical Thought.

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