BASEES Annual Conference 2026

Globalism and Anti-Globalism in Contemporary Russian Geopolitics: A Call for a Return to the "Real Economy"

Sat11 Apr05:00pm(30 mins)
Where:
Muirhead Tower 113
Stream:
Presenter:

Discussion

Russian geopolitics is currently one of the most prominent and influential. While it is not a completely unified entity, the prevailing tendencies within it are united by several key postulates. Firstly, it is characterised by a marked and increasing anti-Westernism, which is in opposition to the concept of globalisation based on the Bretton Woods system and the results of the Uruguay Round. It also puts forward a vision of a multipolar world that would allow Russia to return to the Great Game on equal terms. Secondly, the concept of a pluralistic world is intertwined in Russian geopolitics with a critique of capitalist globalism, which is associated with a speculative economy that lacks a foundation in tangible production capacities – the only justifiable basis for purchasing power parity. The Russian proposal (put forward by such pesonalities as Mikhail Khazin or Sergey Karaganov) calls for a partnership of great civilisations, with a focus on the cultivation of their respective cultural imperatives, complemented by economic protectionism. The paper's primary research question is to consider whether the proposed vision is feasible in contemporary realities and whether it has a chance of being beneficial for the main players in the emerging multipolar system, including, first and foremost, Russia itself. In order to receive a reasonable answer, it is necessary to consider such important issues as the impact of the autarkisation or, at least, autonomisation of economies on the dynamics of global GDP, previously driven by uniform rules of cooperation, as well as the problem of the behaviour of major actors in the face of abandoning the main world currency and the increasing accumulation of capital.

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BASEES

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