Analysis of Global Right-Wing Politics and Economic Policies

Vladimir Lenin's characterization of imperialism as the highest state of capitalism remains relevant today. The global capitalist order faces crises and resorts to desperate survival measures.

Political Dynamics

• Global consolidation of right-wing and far-right forces blames regulations and redirects anger against neoliberal policies towards immigrants and minorities.
• The neoliberal order oscillates between right and centrist positions, failing to curb far-right growth.
• A global right-wing alliance shows disdain for democratic norms, as evidenced by PM Modi's meeting with President Trump.

Outcomes of PM's US Visit

• The visit celebrated Modi-Trump bonhomie but ignored key issues: 
  • Trump's protectionist policies harm Indian exports (pharmaceuticals, textiles, automobile parts).
  • Trump's focus on US manufacturing impacts Indian manufacturing.
• PM's unwillingness to address trade wars and human rights violations indicates appeasement of Washington.

Trump's Policies and Global Order

• Trump's aggressive policies aim to dismantle multilateral alliances like BRICS and promote a US-dominated unipolar order through: 
  • Trade deals isolating BRICS members.
  • Imposing sanctions on nations challenging US supremacy.
  • Using tariffs as economic weapons.

Implications of Right-Wing Coalition

• A global "collaborative conservative movement" emerges, represented by leaders like Trump, Modi, Giorgia Meloni, and Javier Milei.
• Emphasis on protectionism for capital, suppression of labor rights, and disdain for migrants and minorities.
• Restriction of labor mobility, impacting job opportunities and scapegoating migrants.

Lack of Commitment to Climate Change

• Right-wing leaders show minimal commitment to climate change: 
  • Trump withdrew from international climate agreements.

Call for Pro-People Alternatives

The world needs a pro-people approach challenging exploitative capitalism and US-led imperialism:

• Strengthening regional cooperation and worker-centric policies in the Global South.
• Rejecting neoliberal frameworks prioritizing Western economic interests.
• Revitalizing multilateral institutions like BRICS and NAM.
• Restructuring global trade policies to prioritize fair labor practices, environmental protection, and economic justice for developing nations.