Chokepoints: How the Global Economy Became a Weapon of War Edward Fishman

Description

Globalisation was once hailed as the great leveller, bringing prosperity to all. But the world has changed. As Russia, China and Iran have sought to upend the international order, America and its allies have mounted unprecedented economic retaliation. The global economy is now a weapon of war. Chokepoints is a thrilling behind-the-scenes account of one of the most pivotal geopolitical shifts of our time. Drawing on extensive research, personal experience and interviews with key players, Edward Fishman, a former top US State Department official, takes us deep into the back rooms of power around the world. Here we meet an eclectic group of the diplomats, lawyers and financial whizzes who’ve masterminded a fearsome new arsenal of economic weapons, exploiting Western dominance in global finance and technology, and harnessing the power of Wall Street, the City of London and Silicon Valley to confront a rising authoritarian axis. The sanctions against Russia might be the biggest coordinated act of economic warfare we’ve seen, but it won’t be the last. Control over modern-day chokepoints – such as the US dollar, advanced microchip technology and critical energy supply chains – has become the key to geopolitical power in the twenty-first century. The result is an economic arms race among great powers and a fracturing global economy. Utterly gripping and brimming with rare insight, Chokepoints is indispensable reading to understand the forces that will shape our world for decades to come.