A meeting of the Group of 77 and China took place on September 15-16 in the Republic of Cuba where frustrations with the existing world system were articulated by the participants. A declaration issued at the conclusion of the summit demanded the restructuring of the existing economic order which continues to be dominated by the capitalist mode of production, exchange and social relations. Founded in 1964, today the organization has 130 member-states from Africa, Asia-Pacific, the Caribbean and Latin America. The summit has a rotating chairpersonship shared by all of the geopolitical regional affiliates. The summit occurred during a period of intense hostilities from the United States and the North Atlantic Treaty Organization (NATO) towards the Russian Federation and the People’s Republic of China.
Pepe and Michael and I are going to discuss the apparently unending series of summits and read their tea leaves to see what they tell us about how the world is changing. And that summitry has been pretty exhausting. There was the fateful NATO summit in July, where much to his chagrin, President Zelensky failed to get even a timetable to get into NATO after having prostrated his country before NATO and having long ago so faithfully let NATO into Ukraine. And then there was the BRICS summit in Johannesburg in August, where the organization defied pessimistic predictions and admitted six new members.