October 1, 2008

Authoritarian capitalism and soft power

Just as NATO would not have arranged its defence spending solely to suit arms manufacturers during the old Cold War, the West now must make its banks’ and energy companies’ commercial interests take second place to the question of national defence.

Just as NATO would not have arranged its defence spending solely to suit arms manufacturers during the old Cold War, the West now must make its banks’ and energy companies’ commercial interests take second place to the question of national defence.


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