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Global Encirclement and Prospects of Socialism in the 21st Century – new study by Annamária Artner

 

 
 
Russia in Global Affairs – No. 4 2023 October/December
 
 

Annamária Artner

PhD in Economics
Institute of World Economics, Budapest, Hungary
Centre for Economic and Regional Studies
Senior Research Fellow

 
 
Abstract
 
This article aims to contribute to the discussion about the ongoing transformation of the present unipolar, hegemonistic capitalist world order to a multipolar and fairer global system. The author claims that this transformation is taking place through the encirclement of the imperialist center by the developing and emerging countries of the global periphery. Previous waves of global encirclement are described and the reasons for its decline in the 20th century are analyzed.
The paper also discusses the role played by China and Russia in the struggle for a multipolar world in the 21st century. The author argues that only a non-hegemonic multipolar world order can guarantee nations an independent choice of their path of socio-economic development and open the way for a socialism-oriented transformation in all countries.