#355 — A Falling World
Making Sense with Sam Harris
Una función no reconocida del acuerdo Bretton Woods fue el resguardo del comercio marítimo
The Bretton Woods agreement not only established the International Monetary Fund and the World Bank but also ensured the safety of global maritime trade by the United States military. This allowed countries, even those that had lost the war, to have trade access as if they were powerful empires. In exchange for this protection, countries had to align with the United States during the Cold War. The U.S. did not heavily invest its economy in this international network to avoid becoming an empire. This global structure led the U.S. to focus on security while allowing an economic structure to develop globally where the U.S. was a minor participant. As a percentage of GDP, the U.S. remained the least involved economy in the world, particularly in terms of total import-export ratios, staying below 5%.
