EAN: 9780300270488

THE ECONOMIC WEAPON - THE RISE OF SANCTIONS AS ...

The first international history of the emergence of economic sanctions during the interwar
period and the legacy of this development A Foreign Affairs Best Book of 2022 "Valuable . . .
offers many lessons for Western policy makers today."--Paul Kennedy  Wall Street Journal "The
lessons are sobering."-- The Economist Economic sanctions dominate the landscape of world
politics today. First developed in the early twentieth century as a way of exploiting the flows
of globalization to defend liberal internationalism  their appeal is that they function as an
alternative to war. This view  however  ignores the dark paradox at their core: designed to
prevent war  economic sanctions are modeled on devastating techniques of warfare. Tracing the
use of economic sanctions from the blockades of World War I to the policing of colonial empires
and the interwar confrontation with fascism  Nicholas Mulder uses extensive archival research
in a political  economic  legal  and military history that reveals how a coercive wartime tool
was adopted as an instrument of peacekeeping by the League of Nations. This timely study casts
an overdue light on why sanctions are widely considered a form of war  and why their unintended
consequences are so tremendous.

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