(RIEAS Senior Advisor & Eurasian Liaison)
(RIEAS Senior Advisor)
Copyright: Research Institute for European and American Studies (www.rieas.gr) - Publication date: 2 August 2015
"Right, as the world goes, is only in question between equals in power,
while the strong do what they can and the weak suffer what they must".
(Thucydides, The Peloponnesian War, 5:89)
Since the creation of the world, human existence can be summed up as alternating between the struggle for survival and the struggle for power. Throughout history, militarized clashes were the way to ensure markets hence political-diplomatic and economic leverage. In the modern world, the newer way of establishing markets or preserving comparative advantage is now financial hegemony. The 'dictatorship of the purse' controls not only countries but also regions, even superpowers, alliances and other unions... Read more