BRICS

Chandigarh: The lecture focuses on BRICS, global inequality, and capitalism.

Professor Alan Freeman of the University of Manitoba in Canada stated at the Prof. Randhir Singh Memorial Lecture at the Institute for Development and Communication (IDC) in Sector 38 on Friday that BRICS (Brazil, Russia, India, China, and South Africa) should strive to emerge as an alternative to the US-dominated perspective of the world.
He agreed that BRICS may better represent the Global South and provide a counterbalance to Western powers like NATO, despite its internal problems.
Although BRICS has many internal problems that need to be resolved, it is hoped that it will become a viable alternative to the American model. It makes no difference if these nations are capitalist models at the moment.

He discussed capitalism’s roots in slavery and colonial exploitation, while citing Karl Marx, noting the contradictions in the Republican Party’s history with slavery. “The Republicans were the first to speak out against slavery in the USA not because of any moral concerns but due to economic interest,” he noted.

He further criticised the “lack of true democracy” in the US, pointing to the influence of agencies like the FBI and CIA. He also attributed the phenomena of migration from India to Canada or the US as a measure of global inequality between the nations.