In the post-pax world, networks – not nations – hold the power

Throughout history, the empire rose and fell. But the two common factors contributing to the decline always remain: overstretching and economic stress. The factors contributing to their rise may be different. For example: the British Empire, also called Pax Britannica, was established through control of sea lanes and global finance to maintain its dominance in […] The post In the post-pax world, networks – not nations – hold the power appeared first on Asia Times.