American economist and professor Jeffrey Sachs has delivered a sharp criticism of the United States and Europe, arguing that Western leaders are still operating with an outdated belief that the West should dominate the world.
Speaking at the Aristotle-Confucius Symposium in Varanasi, Sachs said the United States is ‘stuck in an ideology of 1950’ and argued that Europe is also trapped in the mindset that the West is still in charge.
Sachs linked this thinking to the ongoing conflicts involving Russia, Ukraine and Iran, arguing that Western attempts to maintain global hegemony are contributing to international tensions. He also criticised Britain’s lingering imperial mindset, describing it as ‘phantom empire syndrome’.
Watch Jeffrey Sachs explain why he believes Western powers have failed to adapt to a changing global order, the rise of Asia and the emergence of a multipolar world.
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