Skip to main content
General Strike Anniversary
Is the Brics summit the beginning of a new world order?
Thirty-six countries, representing over half of the global population, gathered in Russia to discuss a new financial and economic infrastructure for the world. The potential impact could be immense in the long run, writes MARC VANDEPITTE
Russian President Vladimir Putin (centre) gestures while Chinese President Xi Jinping, (left) and South African President Cyril Ramaphosa shake hands during a photo ceremony prior to Outreach/BRICS Plus format session on the sidelines of the the BRICS summit in Kazan, Russia, October 24, 2024

FROM October 22-24, 36 countries, mainly from the global South, attended the 16th summit of the Brics countries. UN secretary-general Antonio Guterres also joined this meeting. As Chinese President Xi Jinping stated, the summit aimed “to create new opportunities for the global South.”

Changed balance of power

Since World War II, former colonised nations have made various attempts to establish a more equitable world order. In the 1970s, there was an attempt to create a New International Economic Order. However, these and other efforts failed due to internal divisions and, more importantly, because the geopolitical balance of power was very unfavourable. The North held various economic and diplomatic levers to keep nations in check, and when those were insufficient, the US relied on military force.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
People walk around the plaza by the Sphere Within Sphere outside the United Nations Headquarters on the first day of the 80th session of the UN General Assembly's High-Level week, September 22, 2025
Features / 24 September 2025
24 September 2025

ZHANG HE highlights pressure coming from the global South for a more multilateral approach to global governance and a more equitable world order

A new epoch v ‘the main stronghold of modern colonialism’
Features / 23 September 2025
23 September 2025

In a speech to the 12th Xiangshan Forum in Beijing, SEVIM DAGDELEN warns of a growing historical revisionism to whitewash Germany and Japan’s role in WWII as part of a return to a cold war strategy from the West — but multipolarity will win out

President Donald Trump answers questions from reporters after signing an executive order about the 2028 Los Angeles Olympic Games, in the South Court Auditorium of the Eisenhower Executive Office Building on the White House campus, August 5, 2025,
Features / 7 August 2025
7 August 2025

FRANCISCO DOMINGUEZ says the US’s bullying conduct in what it considers its backyard is a bid to reassert imperial primacy over a rising China — but it faces huge resistance

World leaders partake in the 17th annual BRICS summit in Rio de Janeiro, July 6, 2025
BRICS / 7 July 2025
7 July 2025