Ukraine, China, Invasions in Europe and De-Dollarization: Dismembering Empires and Collapse of Nations

78 Pages Posted: 25 Jul 2023

See all articles by Niccolo Leo Caldararo

Niccolo Leo Caldararo

San Francisco State University - Department of Anthropology

Date Written: July 20, 2023

Abstract

Assessments of the Russian invasion of Ukraine are limited to 20th century ideas of conquest/colonialism. They are tied to ideological frameworks of human history where ill-defined concepts of liberal democracy and totalitarian states are juxtaposed as if there were established typologies of governments.

The history of Western involvement in the post-USSR era has certain similarities to the division of the Ottoman Empire from 1919. The goals of the current invasion, however, are seen in a too constrained space of international conflict and should be set into a broader framework of finance and investments.

Resistance of the Ukrainians to Russian aggression creates an interesting laboratory to study the resilience of populations’ ideas of legitimacy where institutions have been undermined by corruption. As the strength of institutions and their interrelations are essential to understanding how societies survive or fragment under external or internal stress, reference to how some institutions, both economic and political function in the USA will be utilized.

The future can be defined by failure, an ISIS like disaster of war lords in both Ukraine and Russia or some negotiated settlement that ends the war in a compromise of issues. As with the economic and political crises after WWI, today, the West faces challenges both to its economic dominance (especially the US dollar) and political realignment with China and Russia producing a new polar opposition to the Anglosphere.

Keywords: Ukraine, Russia, invasion, de-dollarization, block chain, China, legitimacy

JEL Classification: A14, B15, B21, B52, E42, E44 F02, F33, F45, F51, F54

Suggested Citation

Caldararo, Niccolo Leo, Ukraine, China, Invasions in Europe and De-Dollarization: Dismembering Empires and Collapse of Nations (July 20, 2023). Available at SSRN: https://ssrn.com/abstract=4516447 or http://dx.doi.org/10.2139/ssrn.4516447

Niccolo Leo Caldararo (Contact Author)

San Francisco State University - Department of Anthropology ( email )

1600 Holloway Ave.
San Francisco, CA 94132
United States
415-453-9064 (Phone)

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