The Majority Report with Sam Seder 2514 - How The US Weaponized Global Economics w/ Eddie Fishman
Jun 9, 2025
Eddie Fishman, a Professor at Columbia University and author of 'Choke Points', dives into the U.S. approach to economic warfare. He explores how the U.S. has leveraged economic sanctions, contrasting them with military strategies, and discusses their impact on global trade dynamics, particularly with nations like China and Russia. Fishman also critiques the implications of neoliberal policies on national security and highlights the shifting geopolitical landscape. His insights reveal the complexities and consequences of America's economic strategies.
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Modern Economic Choke Points
- Choke points have evolved from physical geographic locations to invisible economic and technological structures.
- The US uses control over the dollar system and semiconductor supply chains to impose economic harm globally.
Hyper-globalization and Economic Warfare
- Hyper-globalization transformed economic warfare by creating 'invisible choke points' like the dollar system and semiconductor supply chains.
- This allows the US to use legal and financial measures instead of naval blockades for economic coercion.
Global Economic Arms Race
- An economic arms race has emerged with countries like China developing their own sanctions tools.
- The EU also created mechanisms like the anti-coercion instrument responding to China's sanctions on Lithuania.
