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Topic: Economic power - page 4. (Read 756 times)

hero member
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March 11, 2023, 06:45:29 AM
#49
Economic strength is increasingly important at this time, there is no need to use the military and weapons to subdue a country, but by giving debt, slowly state assets will be owned, this is done by China by providing loans to many countries so that China's economic power is getting stronger and harder to beat.
In my opinion, this is only a small part in terms of defeating many poor countries, because rich countries will definitely not take debt from anyone even if they are repeatedly offered by any party. So the losers here are countries that are still poor because they need money to build infrastructure within their countries.

And make no mistake that a country that is able to pay off its debts wisely and on time cannot be considered a loser because the country must be considered strong because it has the ability to pay off its forests. So that economic power only looks big for those who need a lot of money, whereas for the rich countries in this world, it is considered normal.
hero member
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March 11, 2023, 06:41:30 AM
#48
Economic strength is increasingly important at this time, there is no need to use the military and weapons to subdue a country, but by giving debt, slowly state assets will be owned, this is done by China by providing loans to many countries so that China's economic power is getting stronger and harder to beat.
But military force is still needed because we often hear from online or television news that war troops are flies in the territory of a country. And even though the official authorities have denied that this is just training and checking regional boundaries, it is still a show of military powers. But indeed, China has used loans to many small countries because China has been eyeing the resources they have found and wants to master them. By providing these loans, China can get many results so that China can control the country. However, developing countries do not want to simply comply with requests from big countries because they are trying to develop the potential that exists in their countries so that they can be even more advanced.
hero member
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March 11, 2023, 05:34:12 AM
#47
Economic strength is increasingly important at this time, there is no need to use the military and weapons to subdue a country, but by giving debt, slowly state assets will be owned, this is done by China by providing loans to many countries so that China's economic power is getting stronger and harder to beat.
Do you think China is not strengthening its military bases? precisely by strengthening its military China is able to secure its territorial territory. Do you know how the history of colonialism began when a country had abundant economic resources but was not strengthened by an automatic military that was easily enslaved and easily conquered? The role of both is important, even though in this day and age the war is openly criticized. See Ukraine and how Russia treats them. Russia has the military power to suppress Ukraine's economy which is still under the Russian military base.
sr. member
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March 11, 2023, 04:54:21 AM
#46
it's right as you said because everything we live today must start with good economic strength, whatever plans we make even though it is so strategic if there is no economic strength then all the strategic that is made will be in vain, nowadays many countries are in economic crisis to the point that people find it difficult to meet their needs and many crimes happen without caring about others all this because they are under pressure from the economy, Then the biggest problem right now is unmet economic stability.
sr. member
Activity: 1484
Merit: 254
March 11, 2023, 04:43:19 AM
#45
Economic strength is increasingly important at this time, there is no need to use the military and weapons to subdue a country, but by giving debt, slowly state assets will be owned, this is done by China by providing loans to many countries so that China's economic power is getting stronger and harder to beat.
legendary
Activity: 1554
Merit: 1139
March 10, 2023, 04:09:03 PM
#44
I think "means to produce" might be a better term here.

A good economy and the emergence of a strong political power normally stem from being able to produce something. It is normally either food, good transport links or exports.
Obviously. The stability of an economy depends largely on the means of the independent nation being able to produce more of wha they consume other than that, you would end up building the economy of other nations who produce the bulk of what you need. It's that bad.
Surely, your economic power tells about how relevant you are as an independent nation and youe got your military power there for support and ensure supremacy of the state in the eyes of a invasion.

Somehow, many nations especially the developing and underdeveloped onces fined themselves at the offensive end of this. With the world far ahead of them and the need for new innovations which could often by acquired through trade rather than produced, they find themselves buying more, rather than producing more. Even the resources within are hardly produced into finished products.
sr. member
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March 10, 2023, 03:22:11 PM
#43
The most essential power of any individuals, organization, industries, churches, government, and nations is truly rely on the wings and Caprices of economic power.

Political power is good but political power can not survive without good economic power, political power is irrelevance if there is no good economy situations of any firm. It takes the economic power to build every other aspects of life.

Even government can not operates effectively if they lack or suffered economic kwashiorkor. Smooth organization operates as a function of good economy situations. When you economic power is stable and dignified, the evidence of Man's labour becomes very easy.
Everything starts from the economy, a person's influence depends on the level of the economy.
If you go into a warung, and find a group of people talking, you'll see how different the way they talk is. If one of them has a large wallet, he will stand out from the rest.
Likewise with organizations that have sufficient financial support, surely these organizations have a big influence in their environment. The state is also the most important part in terms of economic power, because economic power can influence political power. If economic power is strong, political power is strong, then the cooperative relationship of an institution, or a state can run well, because when talking about politics, this cannot be separated from interests.
agree with the opinion of colleagues above all, that economic strength is a pillar to be able to determine the direction and goals to be carried out. it is not even surprising that with economic power someone will be able to regulate a policy that will be desired even with actions that may violate the rules that are not appropriate.
Unfortunately for developing countries the ability of someone with economic strength supported by large companies, can buy the rules according to his wishes. so it is not surprising that it eventually gave birth to dictators in policy, where many ordinary people became victims of agreements between politicians, policy makers and those with economic power.
legendary
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March 08, 2023, 11:14:16 PM
#42
The backbone of any prosperous country is its economic might. Devoid of it, we are but mere shadows. Nevertheless, our administration continues to disregard this pivotal factor of our community. They allocate funds towards aimless wars and overblown bureaucracies while our financial system flounders. A revolution is in order. We need leaders that are cognizant of the significance of economic power and will strive to enhance it. Our policies should endorse start-ups, cultivate ingenuity, and initiate employment opportunities. It's time to reclaim our economic power and allocate it where it rightfully belongs - in the hands of the common people!


What happens is that the economic growth is no longer real, we see the stock market going up all the time but this is happening not because new companies are being created which generate a new source of tax revenue and new technologies, this is happening simply because the government is printing money and those at the top are earning a fortune by doing absolutely nothing, so the middle class and the poor do not benefit from such economic boom and this is causing civil unrest all over the world.
hero member
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March 07, 2023, 11:03:44 AM
#41
The backbone of any prosperous country is its economic might. Devoid of it, we are but mere shadows. Nevertheless, our administration continues to disregard this pivotal factor of our community. They allocate funds towards aimless wars and overblown bureaucracies while our financial system flounders. A revolution is in order. We need leaders that are cognizant of the significance of economic power and will strive to enhance it. Our policies should endorse start-ups, cultivate ingenuity, and initiate employment opportunities. It's time to reclaim our economic power and allocate it where it rightfully belongs - in the hands of the common people!
I think the difference between what makes a strong country and what makes a politician elected are not overlapped, that is the reason. If you have a very strong economy, you are doing great as a nation, but then you do not really need a great leader, you could do fine with just some "government worker" type of position at the very top. How many of us know who the leader of Russia is? How many of us know who the leader of France is? Ukraine is? USA is? UK is?

And then once again think of how many of us know the leader of Norway or Sweden? You may know personally, but if a poll was made, I guarantee you that those two would be the least known ones for sure. Which is a proof that a strong nation doesn't create a big leader and that's why leaders try to keep avoiding building a nation like that if they can.
sr. member
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March 07, 2023, 06:25:31 AM
#40
The most essential power of any individuals, organization, industries, churches, government, and nations is truly rely on the wings and Caprices of economic power.

Political power is good but political power can not survive without good economic power, political power is irrelevance if there is no good economy situations of any firm. It takes the economic power to build every other aspects of life.

Even government can not operates effectively if they lack or suffered economic kwashiorkor. Smooth organization operates as a function of good economy situations. When you economic power is stable and dignified, the evidence of Man's labour becomes very easy.
Everything starts from the economy, a person's influence depends on the level of the economy.
If you go into a warung, and find a group of people talking, you'll see how different the way they talk is. If one of them has a large wallet, he will stand out from the rest.
Likewise with organizations that have sufficient financial support, surely these organizations have a big influence in their environment. The state is also the most important part in terms of economic power, because economic power can influence political power. If economic power is strong, political power is strong, then the cooperative relationship of an institution, or a state can run well, because when talking about politics, this cannot be separated from interests.
legendary
Activity: 1946
Merit: 1100
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March 07, 2023, 01:15:24 AM
#39
The backbone of any prosperous country is its economic might. Devoid of it, we are but mere shadows. Nevertheless, our administration continues to disregard this pivotal factor of our community. They allocate funds towards aimless wars and overblown bureaucracies while our financial system flounders. A revolution is in order. We need leaders that are cognizant of the significance of economic power and will strive to enhance it. Our policies should endorse start-ups, cultivate ingenuity, and initiate employment opportunities. It's time to reclaim our economic power and allocate it where it rightfully belongs - in the hands of the common people!

legendary
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Merit: 1132
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March 06, 2023, 11:40:23 PM
#38
I'm just trying to add just about your description of the above. and yes, Economic power is a key factor that leads to human progress and development. Economic strength means the ability of a person, group, company or organization to get value for money with the attractiveness factor. Since then every individual has enormous power over other individuals which is seen in the form of economic power.

Economic power is necessary for every other thing we say has power. Whoever the perpetrators, be it the community, the government or the business world, must focus on creating and maintaining economic strength by increasing our income, consumption and investment. A good economy always gives us peace of mind to fight and work for other challenges in life.
I think when a person manages to handle all the economic requirements and needs, as in they have enough to never worry about money ever again, then they could actually contribute to the world and make it better. If you end up with people all around the world who hate what they are doing and just focus on working to make money and survive, how could they make the world a better place, they wouldn't be able to.

However if they do not worry about money at all, sure there will be millions, maybe even billions who will just sit back and watch some movies and do nothing, but there will be so many more people who will develop and improve the world we live in as well.
legendary
Activity: 2562
Merit: 1441
March 06, 2023, 05:55:01 PM
#37
In terms of economic power I would like to see more discussion on topics like peak oil.

The author of Jurassic Park used to be famous for writing about these types of issues. If I remember correctly, Michael Crichton famously wrote that there might never again be an advanced civilization on earth after World War 3. There are no longer supplies of oil near to the surface which can be extracted with simple mining equipment. Many supplies of metal ore which were easy to obtain in the iron age have been depleted. If we had to rebuild civilization all over again. We could have difficulty or impossibility attempting to do so. As many of the resources we would require are no longer as easy to obtain.

If there ever was a scenario where the world was hit with mass EMP which regressed us back to a pre electrical era. I think its something people might want to discuss as the implications and consequences may not be as widely known as they were in the post 1970s and prime eras of peak oil concern.
hero member
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March 06, 2023, 05:34:42 PM
#36
Economic power is something beneficial when we talk about the growth and development of a setting, individual, and country but the level of economic power depends on raw materials/skills, physical capital, manpower, and entrepreneurialism.
However, 99% of the economic kwashiorkor of every country is caused by the government's naiveness in decision making on raw materials and printing of more fiat currency every year.


The most important economic strength must be driven by people who are actively working or investing, and of course state policy is very important to help people become prosperous and able to compete with other countries, my country currently depends a lot on imported products so people often complain about it and often create new problems such as prices which is very expensive.
Nah, the most important economic strength always starts from the government. You can't expect people to invest or actively work on the economy that won't bring them something and this is the reason why some under develop countries barely see foreign investors who are willing to invest in the country or establish a business that will boost the country's economy.
hero member
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March 06, 2023, 12:21:25 PM
#35
Economic power is the wheel of other forms of power because without it other forms of power will be impotent. The other forms of power need financial power to function which is why other forms of power always want to attract economic power. But it is also important to state that political, economic religious, social, and others at interconnected and interdependent. If the political system in a country is bad, the economy of the country will also be affected negatively. When religion promotes peace and justice, society will be a better place.
But, how can we attain a good economic power if without the help of the items that he listed? Financial is also one the item that is needed in order to have a strong economy. I am not talking about printing more money alone because that can make the economy weaker. They can print more money but as long as other factors are also strong. A good political system is indeed important as well.

We need a good leader in order to make that possible so we people must vote wisely every election and choose only the knowledgeable and non corrupt candidates. Last but not the least is religion but each religion are the same. They only promote one thing which is peace.
sr. member
Activity: 1190
Merit: 250
March 06, 2023, 05:17:30 AM
#34
The economy is indeed an effective power to be able to compete, without strong economic power the country will rely on debt and if it fails to pay then state assets can be sold, this has happened in many countries and the latest is Sri Lanka, economic conditions are very chaotic, crime rates rising, unemployment is out of control and many rich people are choosing to leave sri lanka.
full member
Activity: 346
Merit: 144
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March 06, 2023, 12:53:16 AM
#33
The most essential power

More like the only real power

Political power is essentially a way to coordinate, direct and finally take advantage of the economic power of all agents in a given population

Military power is a way to protect economic power, and also a consecuence of said economic strenght
sr. member
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March 06, 2023, 12:21:35 AM
#32
I'm just trying to add just about your description of the above. and yes, Economic power is a key factor that leads to human progress and development. Economic strength means the ability of a person, group, company or organization to get value for money with the attractiveness factor. Since then every individual has enormous power over other individuals which is seen in the form of economic power.

Economic power is necessary for every other thing we say has power. Whoever the perpetrators, be it the community, the government or the business world, must focus on creating and maintaining economic strength by increasing our income, consumption and investment. A good economy always gives us peace of mind to fight and work for other challenges in life.
sr. member
Activity: 1526
Merit: 255
March 05, 2023, 10:55:41 PM
#31
Economic power is something beneficial when we talk about the growth and development of a setting, individual, and country but the level of economic power depends on raw materials/skills, physical capital, manpower, and entrepreneurialism.
However, 99% of the economic kwashiorkor of every country is caused by the government's naiveness in decision making on raw materials and printing of more fiat currency every year.


The most important economic strength must be driven by people who are actively working or investing, and of course state policy is very important to help people become prosperous and able to compete with other countries, my country currently depends a lot on imported products so people often complain about it and often create new problems such as prices which is very expensive.
legendary
Activity: 2954
Merit: 1153
March 05, 2023, 03:08:08 PM
#30
The most essential power of any individuals, organization, industries, churches, government, and nations is truly rely on the wings and Caprices of economic power.

Political power is good but political power can not survive without good economic power, political power is irrelevance if there is no good economy situations of any firm. It takes the economic power to build every other aspects of life.

Even government can not operates effectively if they lack or suffered economic kwashiorkor. Smooth organization operates as a function of good economy situations. When you economic power is stable and dignified, the evidence of Man's labour becomes very easy.
If the government is strong and honest- the country progress. In our country - the government is very corrupt.

This is all about governance and I think has nothing to do with political power, but relating to the progress of a country because of good governance, we can see that the economic power of a country will increase which opens the door for stronger political power.

As how the economic power defined:
Quote
Economic power is the ability of countries, businesses, or individuals to improve their standard of living. It increases their freedom to make decisions that benefit themselves alone and reduces the ability of any outside force to reduce their freedom.

With this definition, we can say that a strong economic power is a sustenance to a stronger political power since a country with a strong economic power doesn't have to compromise in terms of political power just to have economic support from a foreign country.
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