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| | ==Unipolarity vs. multipolarity== | | ==Unipolarity vs. multipolarity== |
| − | With the demise of the [[Soviet Union]], [[Francis Fukuyama]] declared the "end of history." The "unipolar moment" had arrived, with the [[United States]] being the "only [[Superpower]]". The United States spoke of a "rules based order", which it empowered itself to enforce while freely violating those same "rules" that it imposed upon others, in order to benefit itself. With the U.S. dollar as a "global reserve currency" and the [[SWIFT]] network monitoring and carrying out international banking transactions, and a free-wheeling Congress willing to print and issue more dollars in circulation globally through [[deficit spending]] and debt financing, the United States was able of persuade, coerce, and blackmail nations with promises of aid and loans, or the threat to withhold funding. | + | With the demise of the [[Soviet Union]], [[Francis Fukuyama]] declared the "end of history." The "unipolar moment" had arrived, with the [[United States]] being the "only [[Superpower]]". The United States spoke of a "rules based order", which it empowered itself to enforce while freely violating those same "rules" that it imposed upon others, in order to benefit itself. With the U.S. dollar as a "global reserve currency" and the [[SWIFT]] network monitoring and carrying out international banking transactions, and a free-wheeling Congress willing to print and issue more dollars in circulation globally through [[deficit spending]] and debt financing, the United States was able to persuade, coerce, and blackmail nations with promises of aid and loans, or the threat to withhold funding. |
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| | After a series of actions violating the "rules based order", beginning with the [[Kosovo war]] and dismemberment of [[Serbia]], the [[Iraq war|invasion of Iraq]], and the overthrow of the democratically elected, legitimate government of [[Ukraine]] - all in violation of the Charter of the [[United Nations]] - many [[nation state]]s, members of the [[UN General Assembly]] (often referred to as "the developing world" and "global South") became fed up with the hypocrisy and double standards. | | After a series of actions violating the "rules based order", beginning with the [[Kosovo war]] and dismemberment of [[Serbia]], the [[Iraq war|invasion of Iraq]], and the overthrow of the democratically elected, legitimate government of [[Ukraine]] - all in violation of the Charter of the [[United Nations]] - many [[nation state]]s, members of the [[UN General Assembly]] (often referred to as "the developing world" and "global South") became fed up with the hypocrisy and double standards. |
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| − | he United States, as head of the [[Western alliance]], and [[the West]] itself, cast off its illusions of "[[liberal democracy]]" and came to be dominated by [[corrupt]] [[globalist]] [[oligarch]]s. A multipolar world began to emerge, rejecting Western attempts at blackmail through economic sanctions. Caving into American demands meant a loss of [[sovereignty]], and these developing nations wished to preserve their [[traditional values]], and follow their own course of [[social]], [[political]], and [[economic]] development.
| + | The United States, as head of the [[Western alliance]], and [[the West]] itself, cast off its illusions of "[[liberal democracy]]" and came to be dominated by [[corrupt]] [[globalist]] [[oligarch]]s. A multipolar world began to emerge, rejecting Western attempts at blackmail through economic sanctions. Caving into American demands meant a loss of [[sovereignty]], and these developing nations wished to preserve their [[traditional values]], and follow their own course of [[social]], [[political]], and [[economic]] development. |
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| | ==The BRICS challenge== | | ==The BRICS challenge== |