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The John Batchelor Show

#G20: After Beijing-directed BRICS expansion, Delhi extremely displeased by Xi's no show at the G20. Sadanand Dhume, WSJOpinion

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 7 September 2023

⏱️ 11 minutes

🧾️ Download transcript

Summary


#G20: After Beijing-directed BRICS expansion, Delhi extremely displeased by Xi's no show at the G20. Sadanand Dhume, WSJOpinion
https://www.wsj.com/articles/bigger-brics-wont-make-a-stable-building-china-india-south-africa-iran-g7-japan-geopolitics-economy-5dee05f4

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Transcript

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0:00.0

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0:35.0

This is CBS Eye on the World with John Bachelor. Here's John Bachelor.

0:42.0

On the eve of the G20 meeting in Delhi, hosted by Aurendra Modi, the powerful and popular Prime Minister of India,

0:50.0

India is a powerful and prominent member of the organization called BRICS, which met most recently in Johannesburg, South Africa.

0:59.0

The news here, not that BRICS meets Brazil, Russia, India, China, South Africa, but that BRICS is expanding six new countries.

1:11.0

And I welcome Satinan Dume of the American Enterprise Institute and his column in the Wall Street Journal.

1:17.0

Looks at the BRICS expanded and asked, why?

1:21.0

Satinan, the background of BRICS is that it was a marketing idea in the beginning of this century by a very savvy Wall Street player to convince people to invest.

1:30.0

Which is why of course, as long as I study the names of the original BRICS, it was BRICS, South Africa was added.

1:38.0

I can't find any common purpose. Can you find anything in common, or are these strangers who meet at the door of a party? Good evening to you.

1:46.0

Very good evening, John.

1:48.0

Well, I guess the only thing that they have in common, as I mentioned in my column, is that all 11 countries define themselves as non-Western in some sense.

1:57.0

And none of them is a prosperous liberal democracy. Some of them are not even democracies at all.

2:06.0

There are democracies on monarchies. Some of them are democracies like India and Brazil, but they're not particularly prosperous or certainly not as prosperous as the industrialized countries of the West or of the East Asian economies like Japan, South Korea and Taiwan.

2:22.0

And so I guess these are all countries that are non-Western, not quite successful liberal democracies or in some case not democracies at all.

2:33.0

And they want to have some kind of greatest say in shaping the global order.

2:39.0

There were invitations that were puzzling, Egypt and Ethiopia, Ethiopia being the least prosperous of the new batch.

...

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