This week we look at how a hedge fund once seized an Argentine warship in a dispute over government debt and discuss how the power and role of companies have changed in recent times.
It appears NML Capital convinced a foreign gvmt to act on its behalf and secure its commercial interests, at the expense of another gvmt. That is a bit different from your conclusion that gvmts will use commercial entities to wage non-military coercion moving forward. It seems NML Capital actually achieved the opposite.
That's a great point. I had intended to expand on how the power of companies had risen from their popularization as vehicles to shield owners from liability and wanted to use that as an example but it didn't quite land the way I wanted it to.
It appears NML Capital convinced a foreign gvmt to act on its behalf and secure its commercial interests, at the expense of another gvmt. That is a bit different from your conclusion that gvmts will use commercial entities to wage non-military coercion moving forward. It seems NML Capital actually achieved the opposite.
That's a great point. I had intended to expand on how the power of companies had risen from their popularization as vehicles to shield owners from liability and wanted to use that as an example but it didn't quite land the way I wanted it to.