The Dynamics of Economic Warfare

This chapter explores the evolution of economic warfare, highlighting the U.S. transition from military interventions to sanctions as a primary method for exerting geopolitical influence. It discusses the complexities and challenges of sanctions, particularly against countries like Russia and Iran, and examines the unintended consequences these measures can have on both targeted nations and global markets. The conversation delves into the effectiveness of strategies such as price caps on oil and the responses from sanctioned states, illustrating the limitations of economic pressure in achieving political outcomes.