Economic volatility often leads to conflict from "summary" of The War of the World by Niall Ferguson
Niall Ferguson argues that throughout history, economic volatility has been a key factor in leading to conflict. When economies are unstable and uncertain, nations often turn to aggression as a way to secure resources, expand territories, or divert attention from domestic problems. This pattern can be seen in various historical events, from the rise of empires to the outbreak of world wars. One way in which economic volatility can lead to conflict is through competition for scarce resources. When resources become limited due to economic downturns or disruptions, nations may resort to military action to secure access to vital commodities such as oil, minerals, or agricultural products. This competition can escalate into conflicts as countries seek to assert their dominance and protect their interests. Moreover, economic instability can als...Similar Posts
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