Edward Fishman on Economic Warfare: The New Age of Power Dynamics | EP 577
Edward Fishman on Economic Warfare: The New Age of Power Dynamics | EP 577

Episode Description

<p>In this episode of Passion Struck, host John R. Miles welcomes Edward Fishman, a former top State Department sanctions official and author of the groundbreaking book <a href="https://amzn.to/3QwHxuE" target="_blank"><i>Choke Points: American Power in the Age of Economic Warfare</i></a>. The conversation delves into the evolving landscape of global power dynamics, where economic tools such as sanctions, export controls, and financial dominance have become the primary instruments of statecraft in the 21st century.</p><p>Fishman explains the concept of "choke points," which refers to critical areas in the global economy where one country holds significant leverage, allowing it to exert influence without military intervention. He discusses how the U.S. has pioneered the use of economic warfare, particularly in response to the rise of authoritarian regimes in Russia and China, and the implications of this shift for international relations.</p><p>The episode explores the historical context of economic warfare, the ethical dilemmas faced by policymakers, and the potential consequences of overusing economic power. Fishman emphasizes the importance of understanding these dynamics as nations navigate a fractured global economy, where the competition for resources and influence is increasingly defined by economic rather than military means.</p><p><strong>Full shownotes here: </strong><a href="https://passionstruck.com/edward-fishman-on-the-new-age-of-power-dynamics/" target="_blank"><strong>https://passionstruck.com/edward-fishman-on-the-new-age-of-power-dynamics/</strong></a></p><p><strong>Key takeaways:</strong></p><ul><li>Factors contributing to the rise of economic warfare include:<ul><li>The hyper-globalization of the 1990s leading to economic interdependence.</li><li>Political shifts post-9/11 that made military action less appealing.</li><li>The resurgence of great power competition, particularly with Russia and China.</li></ul></li><li>The implications of sanctions and economic tools, emphasizing their dual nature as both offensive and defensive strategies.</li><li>The ethical dilemmas associated with economic warfare, particularly the humanitarian impact on civilian populations.</li><li>The potential for a fractured global economy, with nations becoming isolated economic deserts due to competing economic blocks.</li><li>The importance of maintaining economic security and the risks of over-reliance on economic sanctions are emphasized.</li><li>The dangers of a chaotic global economy where only great powers set the terms, potentially leading to military conflicts.</li></ul><p>Connect with Edward Fishman: <a href="https://www.energypolicy.columbia.edu/edward-fishman/" target="_blank">https://www.energypolicy.columbia.edu/edward-fishman/</a></p><p>Sponsors:</p><ul><li>Factor Meals: <a href="http://factormeals.com/factormeals50off" target="_blank">http://factormeals.com/factormeals50off</a> and use code “FACTOR MEALS 50 OFF</li><li>Rosetta Stone: Unlock 25 languages for life at <a href="https://www.rosettastone.com/passionstruck" target="_blank">“ROSETTASTONE.com/passionstruck</a>.”</li><li>Prolon: Reset your health with 15% off at <a href="https://prolonlife.com/passionstruck" target="_blank">“ProlonLife.com/passionstruck</a>.”</li><li>Mint Mobile: Cut your wireless bill to 15 bucks a month at “<a href="https://mintmobile.com/passion" target="_blank">MINT MOBILE dot com slash PASSION.</a>”</li><li>Hims: Start your journey to regrowing hair with Hims. Visit <a href="https://www.hims.com/passionstruck" target="_blank">hims.com/PASSIONSTRUCK</a> for your free online visit.</li><li>Quince: Discover luxury at affordable prices with Quince. Enjoy free shipping and 365-day returns at <a href="https://www.quince.com/passion" target="_blank">quince.com/PASSION</a></li></ul><p><strong>Next on Passion Struck:</strong><br>In the next episode of <i>Passion Struck</i>, John sits down with Katherine Morgan Schaffler, a renowned psychotherapist and author of The Perfectionist Guide to Losing Control, a Path to Peace and Power. Katherine challenges the conventional view of perfectionism, suggesting that it can be harnessed as a personal superpower rather than a flaw. Don't miss this enlightening conversation that could transform your relationship with perfectionism.</p><p>For more information on advertisers and promo codes, visit <a href="https://passionstruck.com/deals/" target="_blank">Passion Struck Deals</a>.</p><p>Join the Passion Struck Community! Sign up for the Live Intentionally newsletter, where I share exclusive content, actionable advice, and insights to help you ignite your purpose and live your most intentional life. Get access to practical exercises, inspiring stories, and tools designed to help you grow.  <a href="https://passionstruck.com/" target="_blank">Learn more and sign up here.</a></p><p>Speaking Engagements & Workshops Are you looking to inspire your team, organization, or audience to take intentio

Special Guests

  • Edward Fishman