Ep 303 - Real Resources, Real Power with Fadhel Kaboub

Macro N Cheese

"Colonized people have the right to resist."

Economist and friend of the podcast Fadhel Kaboub talks with Steve about the effects of global hegemony and the ongoing attempts to shift the balance of power. They look at BRICS, though it’s perhaps too soon to predict its ultimate outcome and influence.

Fadhel argues that a true multipolar world cannot emerge without placing the Global South at the center of economic decision-making, challenging the existing economic domination by the US and other nations. The history of colonial exploitation continues to affect on the resource-rich region.

Fadhel also addresses the ways in which Israel is carrying out the US agenda in Gaza. He points out that the world’s reaction is being influenced by the ready availability of direct information via social media.

"The world didn't start on October 7th. There was a world before that. And there is a colonial project that was being built in Gaza and Palestine.

"Every colonial case we've seen in Africa and the rest of the Global South created resistance movements and resistance. Some people resist in the streets, some people resist with little pebbles and stones, some people resist with weapons. Some people resist with their voice, some people resist with their pen. But it's resistance. And it's a legitimate right to resist.

"It's beginning to click for a lot of people that colonized people have the right to resist."

Fadhel Kaboub is an associate professor of economics at Denison University (presently on leave) and the president of the Global Institute for Sustainable Prosperity. He's the author of Global South Perspectives on Substack.

Find his work at kaboub.com and globalsouthperspectives.substack.com

@FadhelKaboub on Twitter