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273 sats \ 0 replies \ @Solomonsatoshi 25 Feb \ on: China plundering oceans for profit, devastating ecosystems Politics_And_Law
Example of why the nation state and its power projection capacity is crucial to the wealth of nations.
For centuries the west has dominated global resource hegemony, enslaving, raping and pillaging the resources and cultures of all others.
Now China has the economic might and growing military capability to challenge western imperialism- cue incensed righteous bleating duplicity from wealthy westerners.
US citizens on average emit 170 x more GHGs than citizens of Afghanistan...because US imperialism dominates global resource allocation and the monetary system via the petrodollar.
Libertarians believe free markets solve all problems - the truth is the nation state and its ability to project power is an equally significant factor.
In international waters there are no legal restrictions on fishing and for decades the Russians, Koreans, Japanese and others have plundered international fish stocks.