Patrick Bond, political economist, Professor of Sociology at the University of Johannesburg, and Director of the Centre for Social Change, discusses the recent BRICS summit in Johannesburg. The BRICS countries continue to call for greater representation within Bretton Woods institutions, while their opposition to US-dollar hegemony has been feeble at best. Patrick Bond lays out the complicity of the BRICS and soon-to-be BRICS+ elite in corruption networks as they profit from Big Oil and Gas contracts and accelerate environmental disasters. This is part 1 of 2.