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The Realignment

542 | Edward Fishman: Chokepoints - How America and Other Great Powers Wage Economic Warfare

The Realignment

The Realignment

Technology, News Commentary, National Security, Marshall Kosloff, International Relations, News, Public Policy, Economics, Politics, Saager Enjeti, U.s. Politics, Policy

4.82.5K Ratings

🗓️ 25 March 2025

⏱️ 59 minutes

🧾️ Download transcript

Summary

Edward Fishman, author of Chokepoints: American Power in the Age of Economic Warfare, joins The Realignment. Edward and Marshall discuss the rise of economic warfare, from the War on Terror to the Obama administration's Iran nuclear deal and Russia's invasion of Ukraine, economic warfare track record when it comes to accomplishing desired political outcomes, the impact of American sanctions on Russia and whether their effects were overstated at the war's outset, the potential deterring effects of economic warfare, their potential use in a U.S.-China conflict over Taiwan, and the greater meaning of the end of the globalization era of the 1990s and 2000s.

Transcript

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0:00.0

Marshall here. Welcome back to the realignment. Hey, everyone. Welcome back to the show. One of the

0:05.7

biggest stories of the early Trump presidency has been the use of tariffs as a form of

0:10.4

economic coercion or warfare depending on your perspective when it comes to achieving America's

0:15.2

political goals at home and abroad. In this conversation, then I'm going to follow that topic and expand it into

0:22.2

the previous last administrations this century by discussing a new book, Choke Points, American

0:28.5

Power in the Age of Economic Warfare. Edward Fishman, my guest, is a leading authority on economic

0:34.2

statecraft and sanctions. He worked in the Obama and Biden administrations on

0:38.7

both the Iranian nuclear deal and the imposition of sanctions on Russia at the start of the war.

0:44.9

As we continue to this conversation, I think we are going to see this focus on economic

0:48.8

statecraft gain increasing focus as we see great powers more and more unlikely to actually engage in direct warfare,

0:58.2

and instead use the various choke points at the center of the global economy, everything from

1:01.6

the oil trade to semiconductors and services at a financial level as a means of preventing

1:06.7

rival powers from achieving their goals. Hope you all enjoy the conversation.

1:11.5

Huge thank you to the Foundation for American Innovation for supporting the work of this podcast.

1:17.3

Eddie Fishman, welcome to The Realignment.

1:20.0

Marshall, thanks for having me on today.

1:22.1

Excited to chat with you.

1:23.2

I normally don't get into guest bios.

1:26.5

I want to get to the topic at hand, but I think given

1:28.3

this topic, you not just being a scholar removed from everything is actually very relevant. So

1:34.9

you were notably involved with everything from the Russia-Ukraine war, with sanctions to the

1:42.0

Iran deal. I love to hear about your background and we can go from there.

...

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