Internationalism No. 73, March 2025 Page 11 The Lehman Brothers bankruptcy in September 2008 has gone down in history as the symbol of the financial crisis and of the subsequent “great recession”. According to our Marxist analysis, that economic earthquake revealed above all a world power balance transformed by Atlantic decline and Chinese rise. It was a crisis in global relations and, in fact, we can also count the birth of the BRICS among its strategic consequences: the coalition of China, India, Russia, Brazil, and South Africa began meeting annually, demanding the reform of the international order to give the emerging powers a bigger say. G7 and BRICS in the G20 The firstborn son of the global crisis was the “Group of Twenty” (G20) which, as swiftly as November 2008, met for the first time in Washington at the level of heads of State and government. We wrote in our newspaper that this was the birth of a “new balance in power relations: the old metropol...