Commerce Is War: Difference between revisions
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Without human evolution, commerce can be dangerous - | Without human evolution, commerce can be dangerous, as [[Adam Smith]] warned - | ||
''This is not because commerce is an extension of war or because commerce does not offer a “bond of friendship”. It is rather because of a set of perverse incentives: commerce and the wealth it brings about increase the power of commercial interest groups and decrease the relative and the perceived costs of wars.'' | ''This is not because commerce is an extension of war or because commerce does not offer a “bond of friendship”. It is rather because of a set of perverse incentives: commerce and the wealth it brings about increase the power of commercial interest groups and decrease the relative and the perceived costs of wars.'' | ||
Latest revision as of 16:10, 12 May 2024
Without human evolution, commerce can be dangerous, as Adam Smith warned -
This is not because commerce is an extension of war or because commerce does not offer a “bond of friendship”. It is rather because of a set of perverse incentives: commerce and the wealth it brings about increase the power of commercial interest groups and decrease the relative and the perceived costs of wars.
Think of the contemporary Russian invasion of Ukraine.