Sanctions: A popular weapon with mixed results

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  • 0

    AiserX

    So the United States and its Western allies have turned to economic sanctions as a way to promote political change.

    He makes it sound as if this is some new trend from the past 50 years or so. The reason Japan attacked the U.S in pearl harbor was because of U.S steel and nat resource sanctions forced upon Japan. That along with blockades. Sanctions always lead to wars.

    Skillful autocrats - Castro in Cuba, Robert Mugabe in Zimbabwe and Manuel Noriega in Panama to name a few - have managed to shift the blame for their country’s suffering on the foreign powers responsible for the sanctions.

    There is some merit to what these dictators say. Why should Cuban cigars be banned in the U.S when smokers highly desire them? Why should the U.S Gov sue a British bank because it does legitimate deals in Iran? Why should those in Country A be subject to the trade laws of Country B when trading with Country C?

    The second half of the problem i these dictatorships is a lack of free-markets.< https://mises.org/daily/4594/Unintended-Consequences-of-Trade-Sanctions >

  • 1

    lostrune2

    Not much of a fan of sanctions myself. Prefer they go straight to war, skip the dance and just fight and be over with it, hahaha.

    If the US fully supported the Bay of Pigs invasion, this issue would've been over decades ago.

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