Rise and fall of US-led neocolonial financial order: From Bretton Woods to BRICS

Ben Norton discusses the rise and fall of US-led neocolonial financial order, from the 1944 Bretton Woods conference that established the US dollar as the global reserve currency; to the 1971 Nixon Shock that ended the gold standard, Volcker Shock, Third World debt crisis, and emergence of neoliberalism; and finally to the historic growth of China and consolidation of the Global South-led BRICS bloc. VIDEO: https://youtube.com/watch?v=XTq9P4avOEk