Show Notes
- Amazon USA Store: https://www.amazon.com/dp/B0D5YY2HCV?tag=9natree-20
- Amazon Worldwide Store: https://global.buys.trade/Chokepoints%3A-American-Power-in-the-Age-of-Economic-Warfare-Edward-Fishman.html
- Apple Books: https://books.apple.com/us/audiobook/chokepoints-american-power-in-the-age-of/id1749199691?itsct=books_box_link&itscg=30200&ls=1&at=1001l3bAw&ct=9natree
- eBay: https://www.ebay.com/sch/i.html?_nkw=Chokepoints+American+Power+in+the+Age+of+Economic+Warfare+Edward+Fishman+&mkcid=1&mkrid=711-53200-19255-0&siteid=0&campid=5339060787&customid=9natree&toolid=10001&mkevt=1
- Read more: https://mybook.top/read/B0D5YY2HCV/
#economicwarfare #sanctionspolicy #dollarsystem #exportcontrols #geopolitics #supplychains #energysanctions #nationalsecurity #Chokepoints
These are takeaways from this book.
Firstly, Economic warfare becomes core U.S. strategy, A central theme is the shift from using sanctions as symbolic punishment to treating economic coercion as a primary tool of power. The book traces how U.S. influence over global finance and trade architecture made it possible to impose costs at scale without deploying troops. It explains why this approach gained appeal after costly military interventions and amid rising great power competition. Fishman emphasizes that modern economic warfare is not just about tariffs or embargoes; it is about shaping incentives and constraining capabilities by targeting what a state needs to fund itself, acquire technology, and access markets. The discussion highlights how policy makers choose between broad measures that can destabilize whole economies and targeted measures aimed at elites, key firms, or strategic sectors. It also clarifies how these tools depend on credibility, intelligence, and careful calibration, because overuse can reduce effectiveness. By presenting economic power as a form of statecraft with its own doctrine, the book helps readers understand why economic actions now often set the tempo of foreign policy, and why debates over sanctions and controls are really debates about how the United States should lead in an interdependent world.
Secondly, Financial chokepoints and the leverage of the dollar system, The book explains how the U.S. role in global finance creates outsized leverage, especially through the dollar, correspondent banking, and regulatory reach. It shows how restricting access to the U.S. financial system can become a powerful deterrent because most international trade and investment flows touch dollar clearing at some point. Fishman examines the logic of measures such as blocking sanctions, secondary sanctions, and anti money laundering actions, which can isolate targeted actors by making global banks and companies fear losing access to U.S. markets. This topic also addresses the operational realities behind financial pressure: identifying networks, coordinating with allies, and ensuring enforcement is credible. At the same time, the book highlights strategic tradeoffs. If financial sanctions become routine, targeted states may invest in alternative payment channels, build reserves differently, or deepen ties with non aligned partners. The reader gains insight into why even effective sanctions can produce long term costs, including fragmentation of financial networks and reduced cooperation with allies if measures are seen as extraterritorial. The takeaway is that dollar based leverage is real but not limitless, and it must be managed as a strategic asset rather than a default response.
Thirdly, Technology controls and the fight over supply chains, Another major topic is how competition increasingly centers on technology and the supply chains that produce it. Fishman discusses export controls, entity listings, and investment screening as tools designed to slow an adversary’s military modernization and industrial upgrading. The book frames advanced semiconductors, manufacturing equipment, and data related technologies as critical chokepoints because a small number of firms and countries control key stages of production. It explains why restricting access to these nodes can have compounding effects, limiting not only what a rival can buy today but also what it can design and manufacture tomorrow. The narrative also underscores the complexity of technology measures compared to classic sanctions. Controls require technical precision, close work with industry, and alignment with allies who hold complementary capabilities. Poorly designed restrictions can backfire by incentivizing domestic substitution, pushing business to competitors, or undermining innovation at home. The book also addresses the political economy of these decisions, since governments must balance national security with the costs imposed on their own firms and consumers. Readers come away with a clearer view of why supply chain security is now a strategic concern and why technology policy has become inseparable from geopolitics.
Fourthly, Energy and commodity chokepoints in conflicts with Iran and Russia, Fishman uses prominent cases to show how energy markets function as chokepoints and why commodity pressure can be both potent and risky. The book explores how restrictions on oil exports, shipping, insurance, and revenue collection have been used to constrain states that rely on resource income. It explains how measures aimed at Iran’s oil sales and Russia’s energy earnings illustrate different strategies: sometimes the goal is to reduce volume, other times it is to reduce revenue while keeping markets supplied to avoid global price spikes. This topic highlights the importance of coalition building because energy sanctions are hardest to enforce without buy in from major consumers, trading hubs, and maritime services. The book also shows how targeted states adapt through rerouting shipments, using opaque intermediaries, offering discounts, or developing alternative logistics. These dynamics reveal that economic warfare interacts with market realities, and that poorly timed actions can hurt allies and domestic consumers through inflation and volatility. By analyzing energy coercion as a contest between enforcement and evasion, the book helps readers understand why commodity chokepoints require constant adjustment, detailed monitoring, and realistic expectations about what economic pressure can achieve.
Lastly, Limits, blowback, and a framework for smarter coercion, The book does not treat economic warfare as a silver bullet; instead it stresses limits and unintended consequences. Fishman outlines how overreach can encourage rivals to reduce exposure to U.S. controlled networks, deepen alternative blocs, or harden political resolve. He also addresses humanitarian and ethical concerns, including the risk that broad restrictions harm civilians more than decision makers, and the challenge of crafting exemptions that work in practice. Another constraint is allied coordination: unilateral pressure may be leaky, while multilateral pressure demands compromise and shared objectives. The book suggests that effective economic statecraft requires clear goals, credible off ramps, and metrics for success rather than open ended punishment. It also highlights the importance of domestic resilience, since coercion can trigger retaliation or supply disruptions that rebound on the initiator. The discussion encourages readers to think in terms of strategy: choosing the right chokepoint, sequencing tools, communicating intent, and planning for countermeasures. The result is a pragmatic framework that treats sanctions and controls as instruments that must be integrated with diplomacy, intelligence, and industrial policy, with constant attention to second order effects.