Dr. Martin Hash Podcast

Since the fall of the Soviet Union three decades ago, the world has been dominated by the West, specifically the United States. It was a unipolar world trending in the direction of globalism. Unfortunately, an adversarial relationship is always required to prevent monopoly and all the problems that come with it. Globalism was a de facto monopoly but it served liberty well until the levers of central power were gradually usurped by socialists, both Communists that represent control by state interests, and Fascists like the World Economic Forum who represent the so-called “stakeholders,” meaning rich private interests. Liberty was slowing being strangled out as these groups inexorably became stronger & stronger via their monopoly powers. That all changed with the Russian invasion of Ukraine and the West’s sanctions against it. Several powerful nations had resented the U.S.’s overarching control of all modernity, primarily through military, internet & the banking system, but the cost & impetus to compete with the established framework was too high. However, they had no choice due to sanctions so they took the opportunity that had been in preparation for so long, and combined into a competing world order known as BRICS: Brazil, Russia, India, China, and South Africa, but is expanding to include Saudi Arabia, Turkey, Egypt, Argentina & Iran. At first glance, this formidable competition might seem threatening to American hegemony, but if viewed from the perspective of the benefits gained by having market options, a multipolar world is a good thing.