Showing posts with label BRICS. Show all posts
Showing posts with label BRICS. Show all posts

Tuesday, January 20, 2015

Economic War, BRICS, and the Power of Self-Sufficiency

New Eastern Outlook
January 20, 2015
Ulson Gunner

The toughest, most resilient people as both individuals and as societies all generally have one thing in common - self-sufficiency. This by no means suggests isolationism, but rather the ability to survive, even thrive through one's own work using resources at their own disposal. 

As a principle, self-sufficiency, self-reliance, and individualism defined young nations like the United States, catapulting it upon the world stage as a global leader after spending time racked in debt and in England's shadow. By establishing its own industry, its own institutions (including those of a financial nature) and its own military might, the United States transcended the tangled webs of interdependency locking Europe's ever-shifting, fragile alliances together. 



The evolution of human civilization along the lines of socioeconomics and technology has changed the roles, effectiveness and relevancy of those industries and institutions that had once made America great and in turn, those nations that had attempted to emulate such features have now all found themselves within the same boat - the boat of globalization.

Globalization is the hitherto pinnacle of interdependency, crippling any nation that falls foul of those sitting at the center of this entangled geopolitical order. There are many examples of nations that haven fallen foul including Cuba, Iraq, Iran and more recently Russia. In each case, respective economies depended heavily upon imports or exports or both. The response in defense against crippling economic warfare is self-sufficiency.