The US government seized nearly 1 million barrels of Iranian crude oil allegedly bound for China, according to newly unsealed court documents and a statement released by the Department of Justice on Friday.
Well I have to agree they target the people and have unintended consequences. BUT I disagree that they don’t hurt the rich and powerful.
Just like here, the rich absorb 90% of the new wealth created. If wealth isn’t being created, they lack power in capital to exert.
We have recently sanctioned Iranian individuals. This means they have trouble leaving their country, and any trade with them is illegal, which again reduces their bargaining power - so that actors like China can swoop in and take advantage of Iran.
The iranian citizens are standing up and revolting. Iran has seen a lot of direct action over this 40 year history during sanctions. The idea that we are keeping evil people in power is new to me and feels really abstract. In my mind the only way we are making the situation worse is by increasing poverty in Iran. But are sanctions also stopping political upheaval, and how?
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Well I have to agree they target the people and have unintended consequences. BUT I disagree that they don’t hurt the rich and powerful.
Just like here, the rich absorb 90% of the new wealth created. If wealth isn’t being created, they lack power in capital to exert.
We have recently sanctioned Iranian individuals. This means they have trouble leaving their country, and any trade with them is illegal, which again reduces their bargaining power - so that actors like China can swoop in and take advantage of Iran.
The iranian citizens are standing up and revolting. Iran has seen a lot of direct action over this 40 year history during sanctions. The idea that we are keeping evil people in power is new to me and feels really abstract. In my mind the only way we are making the situation worse is by increasing poverty in Iran. But are sanctions also stopping political upheaval, and how?