A Revival of State Capitalism in the New Global Economic Order
Today, the Russians celebrate the 70th Victory Day, their edition of the World War II defeat of Nazi Germany, with a huge military parade in the Red Square at the center of Moscow, as well as central areas of all major cities that had important roles in the pivotal and brutal conflict. Given the ongoing standoff in Ukraine, the hitherto Western allies of the Russians will neither be present not pleasantly following the parade from afar. The presence of the Chinese and Indian leaders at the parade will further establish a view, among the mainstream media at least, of entrenched split of the Allied camp in the 21st century.