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The point of the G7/G8 etc was that by getting together and setting rules among themselves, the big (economic, trading) powers would present everyone else with
by LatteLazy 3y ago
The point of the G7/G8 etc was that by getting together and setting rules among themselves, the big (economic, trading) powers would present everyone else with the fait accompli. That is why China, Russia and the US all joined together in it in the first place. Membership is not a matter of being fair or being gifted by one nation or another. It is a matter of aligned economic interests and reliability to present a united front. That is why India has never been asked to join previously: too little trade, too little aligned interest with the rest of the group, perceived low reliability.
- dragonwriter 3y ago> The point of the G7/G8 etc was that by getting together and setting rules among themselves, the big (economic, trading) powers would present everyone else with the fait accompli. That is why China, Russia and the US all joined together in it in the first place. China was never a part of the G-7, and Russia wasn’t a separate country (and the USSR wasn’t a member) when it was founded as the G-5 or expanded to the G-7; it was admitted after 1994 first as a “+1” non-member, and then as #8 when it became the G-8, before they were expelled in the wake of the invasion of Crimea. Not only is your explanation wrong, the facts you explain with it are also wildly wrong.