Business is war, and war is business. — Sean Connery as Captain John Connor, Rising Sun (1993) In the early 1990s, Rising Sun captured an America unsettled by Japan’s economic ascent. Beneath its murder mystery plot lay a parable about national confidence; the fear that Japan’s discipline and precision might eclipse Western improvisation and ingenuity.Continue reading “China is the Paper Tiger”
Tag Archives: Graeber
Financial Warfare Redux
I was unimpressed by Graeber’s Debt: The First 5,000 Years. Its conclusions were juvenile, a moralist’s wish to abolish the machinery that sustains civilization. Debt is not an aberration of justice; it is its ledger. The financial edifice may be flawed, but it is constructed and destroying it is not an option. Even sovereign adversaries,Continue reading “Financial Warfare Redux”