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Created
Tue, 30/04/2024 - 06:00

In my recent article in Small Wars & Insurgencies, Uncovering the sources of revolutionary violence: the case of Colombia’s National Front (1958-1964), I highlight how failures to secure consent through a passive revolutionary process compelled the dominant classes to adopt coercive solutions.

The post Passive Revolution and Armed Struggle in Colombia appeared first on Progress in Political Economy (PPE).

Created
Tue, 30/04/2024 - 12:11

During the past decade, it has become obvious that economic interconnectedness did not bring forth frictionless international relations as many liberal theorists had predicted. To the contrary, the fact that economic integration has been profoundly uneven has enabled the weaponisation of asymmetrical economic relations for the achievement of geopolitical and/or economic goals (Whyte 2022; Farrell 2023). The weaponisation of the unique international role of the US dollar is one of the most consequential examples of this trend. For instance, in the period since 2001, US sanctions designations have expanded by an extraordinary 933%. In the context of Russia’s war in Ukraine, dollar hegemony made it possible to freeze Russia’s foreign reserves and expel the country from the SWIFT payments system and US correspondent banking.