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IMHO, the Dutch arc is definitely a more sound comparison. Albeit, as you say, with the military force of the British. The key difference with the post-WWII ec
by ethbr1 3y ago
IMHO, the Dutch arc is definitely a more sound comparison.
Albeit, as you say, with the military force of the British.
The key difference with the post-WWII economic world order was that the US generally tried to ensure that everyone else got theirs.
Granted, the US got more, but there was insight that a global economy that benefited all was more stable than a system that left powerful economies outside, with an incentive to topple it.