Hidden empire: How America wields economic power

Hidden empire: How America wields economic power

This week, Mark Leonard is joined by Henry Farrell, ECFR council member and professor at John Hopkins University, to discuss Henry’s new book “Underground Economy”, co-authored by Abraham Newman. In their take, globalisation has brought interdependence—which is being weaponised as a tool for strategic advantage. As the main facilitator of global interdependence, America exploits countries’ embeddedness in the US-led global order and uses its fin…