Capitalism Hits Home: BRICS & The End of US Dominance

Apr 27, 2023 | n this episode of Capitalism Hits Home, Dr. Fraad discusses the decline of the American empire, both globally and domestically. After WWII, the US was the only industrialized nation that stood strong, helping it ascend to global dominance. Today, however, the world order is shifting. The BRICS economic alliance (Brazil, Russia, India, China, and South Africa) is extremely powerful and widespread, with over 19 more countries hoping to join the alliance. The US dollar is losing its primacy and our country is steeped in debt. Internally, poverty is ever-increasing, corruption is normalized in our politics, and our wealthiest individuals and corporations don’t pay taxes. How did we get here? What can be done? Dr. Fraad tackles these questions and more.