Amit's Blog

Geopolitics: The Hidden Hand That Stacks the Economic Deck Geopolitics ruthlessly distorts the global economic canvas, favoring powerful nations like the U.S. and EU while constraining the Global South, former colonies, and non-aligned energy producers. Colonial legacies lock in extractive economies, with nations like the DRC losing wealth to foreign firms. The dollar’s dominance, enforced by sanctions and debt traps, chokes non-aligned states, as seen in Iran’s GDP plummeting 10% post-SWIFT ban. Technological monopolies in AI and semiconductors widen the innovation gap, with Africa’s 29% internet penetration trailing the North’s 90%. Environmental burdens fall on the South, with Nigeria’s oil wealth enriching Western firms while 50% of its people live in poverty. Military might, via U.S. bases and proxy wars, secures economic control, while cultural hegemony—through Hollywood and English—marginalizes local models. Global governance, skewed by IMF voting and WTO rules, favors the pow...

Modern Imperialism, also known as Neocolonialism   Neocolonialism is the indirect perpetuation of colonial-like dominance by powerful nations and corporations over developing countries, using economic, political, and cultural tools to maintain dependency without formal rule. Coined by Kwame Nkrumah, it manifests through debt traps, unfair trade, political interference, and cultural hegemony, as seen in U.S. exploitation of Haiti and Guatemala, UK dominance in Nigeria and Kenya, and France’s control over Niger and Côte d'Ivoire. Resources are extracted via corporate dominance, land grabs, and labor exploitation, causing environmental and social harm. Countries like China, Cuba, and Bolivia resist through state-led policies, though challenges persist. Russia and India also engage in neocolonial practices in the Central African Republic and Bhutan. China’s Belt and Road Initiative (BRI) in Pakistan, Sri Lanka, and African nations raises neocolonial concerns due to debt, but its no...