China’s SCO summit marked a decisive turn: BRICS countries are consolidating trade, payments, and energy ties to insulate themselves from Western financialization and militarization. With Power of Siberia 2 redirecting Russian gas to Asia and India jolted toward BRICS by U.S. tariffs, a dual-system world is hardening. Michael Hudson and Richard Wolff unpack dedollarization, gold’s surge, and why the fight isn’t “capitalism vs socialism” so much as socialism vs finance capitalism. Th...
