This crisis of democracy is the result primarily of neoliberalism. As financial markets have been deregulated over the past forty years, governments’ abilities to regulate their domestic economies and to expand social welfare programs have been undermined.

The Valdai International Discussion Club has been studying global alternatives to the traditional neoliberal mainstream and the influence on transformations in the world. Initially we focused on various non-Western movements (Chinese, Turkish, Arab, Latin American, BRICS related, and others).

The probable outcome of the current crisis is a more rapid dismantlement of neoliberal economics and fragmentation of the international economic system, writes Glenn Diesen, Associate Professor, University of South-Eastern Norway. Technological sovereignty is prioritised, international supply chains

Less than halfway into the Trump presidency the world stands at the precipice of a global trade war. In March Trump imposed tariffs on steel and aluminum import, while exempting the EU, Canada, and Mexico.

The world is attentively observing the US presidential election as it will have great implications for global governance. Biden and Trump have vastly divergent views on how the world should be governed and how the US should respond to its relative decline.

The agenda of the right-wing forces will likely move to the left, not through the betrayal of their basic ideological principles, but because they will have to respect the requirements of their electorate and supporters, writesDaniil Grigoryev,expert of the Institute of Globalization and Social Move

C. Wright Mills exposed the political leadership of the USA in the 1950s as a ‘power elite’.

Both during the Russian presidency and in subsequent years, the task of further optimising the BRICS+ format, as well as possible new rounds of expansion, is slated to become a priority, writes Valdai Club Programme Director Oleg Barabanov. The current geopolitical confrontation between Russia and

By Research Area Children, Families, and Communities Cyber and Data Sciences Education and Literacy Energy and Environment Health, Health Care, and Aging Homeland Security and Public Safety Infrastructure and Transportation International Affairs Law and Business National Security and Terrorism Science and Technology Workers and the Workplace Read Online Going Global?... U.S. Government Policy and the Defense Aerospace Industryby Mark A. Lorell, Julia F. Lowell, Richard M. Moore, Victoria A. Gre

The fall of the USSR in 1989-91 provoked a sense of omnipotence in the dominant circles of Western capitalism, all the more so as it was preceded by a decade in which neoliberalism triumphantly ascended in the West itself (1980-90), as well as the decline of a series of Third World regimes that had