Despite frequent claims to the contrary, the fundamental problem in the Middle East is not intervention by the West. On the contrary, the real problem is that, for all their dabbling, the Western powers seem capable of neither war nor dialogue. This leaves everyone in the region at the mercy of the Middle East’s oppressive regimes and proliferating terrorists.
Advocates of the Iraq war lacked an understanding of the complexities on the ground to wage an effective war of liberation and democratization. As a result, their policies merely ended up eliminating Iran’s two major regional rivals: the Taliban and Saddam Hussein’s regime. This presented Iran with a golden opportunity to project itself as a regional hegemon, and Iran’s leaders are unlikely to let this opportunity slip away.
Advocates of dialogue with the Iranians and their Syrian allies, like former United States Secretary of State James Baker, labor under the delusion that they can actually reach an understanding that can enable a graceful US exit from Iraq and help stabilize that wounded country. The delusion is based on two false assumptions: that the Iranians and the Syrians can succeed in Iraq where the US has failed, and that the international community can afford to pay the price of ensuring their cooperation.
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To prevent catastrophic climate change and accelerate the global transition to a net-zero economy, policymakers and asset owners urgently need to rethink how we channel capital at scale. The key is to develop new financial instruments that are profitable, liquid, and easily accessible to savers and investors globally.
explain what it will take to channel private capital and savings toward sustainable development.
Whatever stories Americans are told about the strength of the economy under President Joe Biden, they are not going to be persuaded to look past the issue of their own living standards. For most Americans, these have declined somewhat as price increases have outpaced wage growth.
thinks the failure of wages to keep up with inflation explains much of the public’s dour mood.
Despite frequent claims to the contrary, the fundamental problem in the Middle East is not intervention by the West. On the contrary, the real problem is that, for all their dabbling, the Western powers seem capable of neither war nor dialogue. This leaves everyone in the region at the mercy of the Middle East’s oppressive regimes and proliferating terrorists.
Advocates of the Iraq war lacked an understanding of the complexities on the ground to wage an effective war of liberation and democratization. As a result, their policies merely ended up eliminating Iran’s two major regional rivals: the Taliban and Saddam Hussein’s regime. This presented Iran with a golden opportunity to project itself as a regional hegemon, and Iran’s leaders are unlikely to let this opportunity slip away.
Advocates of dialogue with the Iranians and their Syrian allies, like former United States Secretary of State James Baker, labor under the delusion that they can actually reach an understanding that can enable a graceful US exit from Iraq and help stabilize that wounded country. The delusion is based on two false assumptions: that the Iranians and the Syrians can succeed in Iraq where the US has failed, and that the international community can afford to pay the price of ensuring their cooperation.
To continue reading, register now.
Subscribe now for unlimited access to everything PS has to offer.
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