How a Meeting in Hungary Symbolises the Upcoming Multipolarity

    Merely forty years ago, the world was divided into two blocs, each led by a superpower, the United States (US) and the Soviet Union. These two alliances were the mirror im- age of each other, representing two different political economies, lifestyles, and social regimes. However, by 1990, after a contest that lasted four decades, the global capitalist sys- tem declared victory and the communist bloc dismantled itself. The euphoria that this landmark represented for the US paved the way for new power grab, unleashing a series of US-based armed interventions. The ideological victory combined with a military and economic domination led to a world order that unleashed the forces of capitalism world- wide. For many, this process has a name: Globalisation.

    Download the Policy Outlook

    Latest Articles

    Related Articles