Update (1 October 2021)

I cannot believe that it is already October. Nearly five months have gone by in my attempts to consolidate what amounts to ten years of research. There are now six SMP Compendium entries as of this Blog post. Even though I am going to be preoccupied, I now have enough information on the topic of the Financial Warfare. Financial Warfare will be the topic of “Technology and the War Effort (Pt. II of III).”

The rationalization of Financial Warfare begins with a number of important questions left unanswered since the 20th century. Over the past decade, I have collected a trove of financial mysteries spanning from 1914 to the present. My 20th century areas of interest are World War I, the Interwar years and the Great Depression, the Holocaust, World War II, the Cold War, Perestroika, China’s Economic Reforms, and various financial crises throughout the 1980s and 1990s. My 21st century case studies pertain to a long chain of events beginning with the Y2K Bug and continuing onward to the Dot-Com Bubble, the 9/11 attacks and the Great Recession, the Eurozone Crisis and everything else leading up to the Coronavirus Pandemic.

A single discussion about all of them is simply too long for the purposes of the SMP Compendium. All of them can and should be elaborated further as part of a separate series of Blog posts. What I will be writing about in Part II of “Technology and the War Effort” is discussing their recurring patterns and behaviors, regardless of the time and place or the persons and ideologies involved. In essence, my research on this particular topic poses many questions that I wish to address in this upcoming Compendium entry that will be ready before the end of today.

-How does the Work-Standard combine Political Warfare, Psychological Warfare, Electronic Warfare, Information Warfare, Attrition Warfare, Economic Warfare and Cyberwarfare into Financial Warfare? Why would these specific military strategies be applicable to its methodology?

-Are Socialist Finance, Military Technology and Fintech (Financial Technology) capable of being consolidated to suit a unified grand strategy for both war and peace?

-At what point should we begin distinguishing between a “Planned Economy” and a “Command Economy?” Why would certain nations opt for Planned Economy over Command Economy or vice versa? What are the characteristics of both in a world order without Liberal Capitalism?

-What are the effects of Financial Warfare on other nations? Are these effects indiscriminate insofar as they are capable of affecting both Liberal Capitalist and Socialist regimes?

-What are Financial Warfare’s effects on national cultures, traditions, languages, social customs and norms? Do the effects demoralize or manipulate political and economic decisions?

-Does financial combat rely on specific equipment and hardware, and do they appear as everyday appliances, consumer and luxury goods, computers, electronics, and certain media? How does a Socialist nation know it is being attacked financially? What are the rules of engagement under international law and is it realistic to encounter people committing “war crimes?”

-And are the above case studies provided in this Blog post suitable for articulating Financial Warfare from the perspective of Military Science (as opposed to Political Science) outside of the SMP Compendium as it’s a separate series of posts?

Categories: Economic History

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