4.2 Article

Rising powers, people rising: neo-liberalization and its discontents in the BRICS countries

Journal

GLOBALIZATIONS
Volume 16, Issue 2, Pages 121-136

Publisher

ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
DOI: 10.1080/14747731.2018.1479018

Keywords

BRICS; inequality; neo-liberalization; precarity; protest; social movements

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The rise of the BRICS countries - Brazil, Russia, China, India, and South Africa has called into question the future of Western dominance in world markets and geopolitics. However, the developmental trajectories of the BRICS countries are shot through with socio-economic fault lines that relegate large numbers of people to the margins of current growth processes, where life is characterized by multiple and overlapping vulnerabilities. These socioeconomic fault lines have, in turn, given rise to political convulsions across the BRICS countries, ranging from single-issue protests to sustained social movements oriented towards structural transformation. This article presents an innovative theoretical framework for theorizing the emerging political economy of development in the BRICS countries centred on neo-liberalization, precarity, and popular struggles. It discusses the contributions to this special issue in terms of how they illuminate the intersection between neo-liberalization, precarity, and popular struggle in Brazil, Russia, India, China, and South Africa.

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