World politics
fromFast Company
1 day agoThe Iran war proves that U.S. economic coercion is weakening
The conflict between the U.S. and Iran highlights the diminishing effectiveness of U.S. economic sanctions amid a changing global power dynamic.
You see wars and you think they're about types of Islam, or whether or not the US has access to oil. But underneath all of that there's this longer running thing that is becoming more and more important. It's like rising damp in your house—you don't know it's there, but it's changing everything.