Bankrupt Hegemon, Part One: Fiduciary Power
- Jur dj(jurdj)Netherlands
Just like the financial business, geopolitical leadership is based on trust and faith. With these in abundance, things can be achieved that would not be possible looking at just the material resources at hand. With the open or silent consent of other states, a nation can gain leverage with the moral weight supplied by its supporters.Recommend
The flip side is, that when that stock of confidence is called upon, a polity may find itself unable to deliver. That is the tragic story of the previous hegemon in world politics, the British Empire.
Over the past year I've been reading a number of books on the British achievements in the first half of WWII, or rather the lack of them. The books are very different in style, narrative and perspective, but in combination gave me a very vivid picture of what challenge faced the Empire in its darkest days.
To start with, the years 1939-1942 provide a depressing string of losses, defeats and outright disasters. I'm going to run through all of them quickly here, so you get a sense of the disaster, and I will go into more detail in later installments.
I have put up a metalist with a reading list.
- [+] Dice rolls