“A new power is rising; Its victory is at
hand”
These words were uttered in the 2002 film Lord of the Rings: The Two
Towers.
As epic a line as that may have been for the screen, it is even more
epic to see it play out in real time. What is this new power being referred to
here? Is there a shift in the global
structure and if so how? Prior to the World Wars, the world order was
structured based on the principle of multipolarity in which the world was
divided into spheres of influence where great powers competed for dominance.
The end of the Second World War saw a change in the order, in which the system
moved from a multipolar system to a bipolar one. Once great empires such as
Britain or France were reduced and in their place was the rise of two great
superpowers i.e. the United States and the Soviet Union. The world entered the
Cold War phase which lasted till the early 1990s when the USSR collapsed
leaving the USA as the unchecked global hegemon. This unipolar phase was declared to be the
“end of history “where American ideals of capitalism and liberal democracy will
reign supreme forever under the guiding hand of the leader of the free world.
This utopian vision however was not to be; in fact, now more than ever
we are closer to a dystopia or as Bob Marley puts it, there is still very much
“so much trouble in the world”. This of course has led many countries to
question the idea once put forward by former President Barack Obama that
“America is the only indispensable nation on the Earth”; and with the United
States being seen by some losing its touch, many countries are now looking elsewhere
for leadership, namely BRICS.
What has caused this shift? Many things actually, but the underlying factor is that too many nations do not see the current world order as working in their favour and therefore are committed to changing it. An important aspect of this change is the process of de-dollarisation. In the wake of the world wars, the United States set up the Bretton Woods system to remake the world economy in its own image with the dollar at its centre. The BRICS countries however are resolved to alter this system as they find that it is simply not in their interest to play by rules of the Washington consensus. The alternative of course is to set up their own system and what better place to start with than trade? One by one BRICS countries have announced their intention to move from trading in dollars to using a new currency as their means of exchange. At present, BRICS members have taken steps to limit the use of the dollar such as India and Brazil announcing that all trade will be conducted in rupees and real respectively meanwhile Saudi Arabia has announced that it will trade with China using the yuan instead the dollar.
And speaking of the Sauds, they have been quite busy as of late thanks
to the leadership of Crown Prince Mohammed who serving as his father’s prime
minister has entered into a state of rapprochement with both Russia and China hence
allowing them both to influence new peace deals in West Asia. President Xi taking advantage of this
alliance has managed to do what the US had failed to do in decades which is to
facilitate the normalisation of relations between the Saudis and the Islamic
Republic of Iran. Meanwhile President Putin, who was determined not to be outdone
decided to act as facilitator of a separate negotiation between Riyadh and the
Assad-led regime in Damascus. It must be noted that all of this took place
without the involvement of Washington; this however runs contrary to a promise
made by Joe Biden to the Arab nations that the United States would not abandon
them, yet while the US has for a very long time been most bellicose in its
attitude, Beijing and Moscow are willing to facilitate peace.
Russia facilitate peace? You might ask, shouldn’t they be a pariah by
now due to the war in Ukraine? That
depends entirely on who you ask. In the West, Putin has been reviled as the
incarnation of Hitler and Stalin rolled into one. Due to this characterization,
he is all but deemed persona non grata in the West. Xi also has a shaky image
in the USA and other Western powers thanks to their media portraying him as a
madman anxious to finish what Mao started and conquer Taiwan. Outside of these
bubbles however, the view is much different. Survey after survey has found that
while Americans consider China, the greatest threat to world peace and Western
Europeans name Russia, when it comes to countries in the global south they
consider the United States as the greatest threat to world peace and it isn’t
hard to see why they would come to this conclusion. Both Latin America and
Africa lived under centuries of European colonization yet just as they finally
managed to wrestle themselves free of formal colonial rule they found
themselves under the yoke of American neo-colonialism. This has led them to see
the US not a beacon to look up to for guidance but rather as the great colossus
of the north coming to threaten them down with its big stick policy. This
perception was demonstrated very recently in the visit of US Vice President
Kamala Harris to the African continent. The Biden admin no doubt assumed than
sending the first black female VP would resonate with Africans yet this was a
grave miscalculation on the part of the White House. As she spoke, it became
clear to Africans that Harris did not represent their interest at all, not when
she came to lecture them about climate change and LGBT rights. These topics
were ones that African leaders had little patience in discussing especially
since it implied that she expected to hear them condemn the recent LGBT law
passed by Uganda, something which these African countries refused to do. One cannot help but contrast this high handed
behaviour by the US with the approach taken by Russia who had the grace to
write off the equivalent of US$20Billion in African debt while making no
attempt to intervene in the internal politics of these nations. Is it any
wonder then that so many countries are interested in an expansion of the BRICS?
That only leaves the question of who will be the first to join, with the
obvious frontrunner being Saudi Arabia while Iran, Argentina and Turkey are
keen not to be left behind.
And speaking of BRICS one cannot help but contrast it with the other
purported challenger to the American economic order i.e. the European Union.
Unlike BRICS who are pushing boundaries, the EU finds itself in a great crisis
thanks to the boomerang effect of the sanctions they affected against Russia.
And if this wasn’t bad enough, the blowing up the Nordstream pipeline made
their problem even worse. Who sabotaged the pipeline? There are theories, some
more credible than others. But no matter how plausible or implausible these
theories are, what is most incredulous of all is that the European members of
the United Nations Security Council (UNSC) decided to NOT support Russia’s
motion for an independent investigation into the incident. That by itself is
very suspicious as logically speaking, the party who was most affected should
have a greater interest than anyone else in uncovering the truth, but instead
they decided to all but look the other way. The oddity of this behaviour must
be puzzling to anyone who would rightfully question why Europe is behaving so
cowardly when their own strategic continental interest is at stake, who are
they afraid of angering?
The triumph of American ideals all over the globe are said to represent
the end of history, but it’s not really end of history because while Europe
might be moving closer to USA’s orbit (as demonstrated by the recent NATO
expansion), the rest of the world trends in the opposite direction. This movement
stands in direct opposition to the Hegemonic Stability Theory (HST), a doctrine
which claims that the world is best served when there is only one unchecked
superpower. When competition is less, then everybody prospers, an enlightened
age of Pax Americana (or so the theory goes). But as any student of business
can tell you, monopolies eventually become stagnant and empires that stretch
themselves too thin become inefficient. The only true constant in this world is
that eventually things must change. There is no system in the world that lasts
forever and while no one in their right mind would ever predict that America
will decline like Rome, what is clear is that the resurgence of new players on
the world stage means that the US is no longer the sole indispensable power,
not when countries such as Russia and China are all too eager to return the
world to a more equal balance. Hegemonic Unipolarity is a thing of the past; a
multipolar world is the way forward and the best way to deal with said change
is not to oppose it but embrace it.
No comments:
Post a Comment