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| | 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. | | 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]] in 1998 and dismemberment of [[Serbia]], the 2003 [[Iraq war|invasion of Iraq]], and the 2014 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 that began with the [[Kosovo war]] in 1998 and dismemberment of [[Serbia]], the 2003 [[Iraq war|invasion of Iraq]], and the 2014 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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| − | 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. | + | 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. The transition to 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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| | + | Russian President [[Vladimir Putin]], in a television interview in February 2023 said that the [[NATO proxy war in Ukraine]] is part of the New Cold War between the competing forces over the direction of the global systemic transition, which [[Moscow]] wants to lead towards multipolarity while [[Washington, D.C.|Washington]] wants to retain as much of its fading unipolar [[hegemony]] as possible. The outcome of this struggle will literally determine the future of [[International Relations]], which will in turn enhance or erode every country’s [[sovereignty]], which is why it’s of concern to everyone in the world.<ref>[https://korybko.substack.com/p/putin-made-five-very-important-points Putin Made Five Very Important Points During His Latest TV Interview], Andrew Korybko, February 27, 2023.</ref> |
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| | ==The BRICS challenge== | | ==The BRICS challenge== |