Toward a One Korea

The basic steps of reunification

by Serban V.C. Enache

The following article is fairly subjective. Feel free to disagree and criticize.

Necessary context. The Korean peninsula is a buffer zone between China and the United States. While it may come as a shock to most, political elites in North Korea had to manoeuvre both diplomatically and militarily to secure independence, or something akin to sovereignty, from both Washington and Beijing. For the North, self-preservation in this new epoch dictates capital changes to traditional policy. Ditto for the South, who profits in no way from further conflict escalation. Continue reading “Toward a One Korea”

The Sovereign Nation State

Political vs Cosmopolitical Economy

by Serban V.C. Enache

 

The Globalist View on Statehood

Globalist premise. Most products have developed a complex geography – with parts made in different countries and then assembled somewhere else (goods of trans-national origin). Markets when left alone will allocate resources optimally, thus leading to efficiency and low prices. This, of course, requires the free movement of capital, commodities, and labor. All barriers – like capital controls, trade unions, welfare programs, minimum wage laws, nationalized services etc – will distort prices and lead to malinvestment (waste). Continue reading “The Sovereign Nation State”