Featuring more analysis from Ilias Alami and Tim Sahay on the shape of global geopolitics and geoeconomics. We discuss: the fault lines of the green energy transition; the US and China battle for dominance while the rest of the world seeks advantage and opportunities for leverage; the US and Russia’s full-throttle commitment to fossil capitalism; the IMF’s ongoing imposition of neoliberal austerity on the world’s poorest countries, which, in opposition to these plans, want to remake the entire world capitalist system. Plus: Why the economic weapon failed against China and Russia, and a lot more.

The second in a two-part series.

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Download a free copy of The Spectre of State Capitalism by Ilias Alami and Adam Dixon academic.oup.com/book/57552

Transnational Institute reports:

The New Frontline: The US-China Battle for Control of Global Networks tni.org/en/article/the-new-frontline

Geopolitics of Capitalism: State of Power 2025 tni.org/en/publication/geopolitics-of-capitalism

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