Economic Warfare

In The Economic Weapon, Nicholas Mulder traces the high hopes of those using sanctions against Russia today back to World War I

 
When Kremlin Press Secretary Dmitry Peskov complained earlier this week that the United States was waging “economic war” on Russia, he had a point. The financial sanctions and technological restrictions the United States and its allies have imposed on Russia have caused the ruble to crash, Russian living standards to sink, and industries like car manufacturing to stop work due to an inability to acquire crucial components.

 
Unlike the unguided rockets Russian forces are lobbing into Ukraine’s cities, sanctions haven’t killed any Russians directly. Yet as historian Nicholas Mulder shows in his illuminating new book The Economic Weapon, sanctions are a weapon and they do impose costs, measured not only in dollars but also in lives. Today we think of sanctions as alternatives to conflict. Mulder’s history shows, though, that we ought to see sanctions and other economic restrictions as weapons in a no-holds-barred struggle for power. They are less bloody than weapons but no less deadly.

 
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Πηγή: americanpurpose.com