Americas wealth is built upon its military and institutional power projection at least as much, if not more so than its 'free markets'. The petrodollar is based on and backed by the military power projection capacity of USA.
The wealth of nations has always been determined by the ability of their governments to advance the interests of their merchants via diplomacy and brute force.
Delusional Libertarians who tell you all that matters is 'free markets' are misguided at best and more often dangerous in their ignorance of the true nature of politics and economics.
Without strong principled government there is little security and there are insufficient property rights for capitalism to function optimally.
Americas wealth is built upon its military and institutional power projection at least as much, if not more so than its 'free markets'.
The petrodollar is based on and backed by the military power projection capacity of USA.
The wealth of nations has always been determined by the ability of their governments to advance the interests of their merchants via diplomacy and brute force.
Delusional Libertarians who tell you all that matters is 'free markets' are misguided at best and more often dangerous in their ignorance of the true nature of politics and economics.
Without strong principled government there is little security and there are insufficient property rights for capitalism to function optimally.