Humans have long had norms against “starting” fights. Even so, those who start fights are often able to point to things that the other side did first to “really” start the fight. For example, Putin says that actions by the West forced his hand in Ukraine.
>Thus it seems possible for the world to have a legal system wherein a widely-used sufficiently-defended financial hub agreed to enforce treaties between the nations whose assets were held there. Then if a nation violated its treaty, and refused to abide by this court’s ruling against it, then this law could declare that nation an outlaw, and grab its held assets.
Hasn't Russia had a significant amount of their assets seized? The US seized a lot of Afghanistan's assets after the Taliban took over too. Your proposal doesn't sound too dramatically different than the status quo.
A hub that can confiscate material financial assets based on laws that it rules on, and is capable of defending itself looks like at least a proto-world government. And if such a hub existed, I would expect it would grow its power until it was fully a world government.
I don't see our current world producing a sufficiently defended credibly non-partisan financial institution. There is too much pressure to take sides in international politics. One could attempt with cryptocurrency, but right now governments have a lot of power to intervene when it comes to converting crypto assets to real ones.
But the US didn't do these things as a neutral judge enforcing a clear preexisting agreement.
>Thus it seems possible for the world to have a legal system wherein a widely-used sufficiently-defended financial hub agreed to enforce treaties between the nations whose assets were held there. Then if a nation violated its treaty, and refused to abide by this court’s ruling against it, then this law could declare that nation an outlaw, and grab its held assets.
Hasn't Russia had a significant amount of their assets seized? The US seized a lot of Afghanistan's assets after the Taliban took over too. Your proposal doesn't sound too dramatically different than the status quo.
A hub that can confiscate material financial assets based on laws that it rules on, and is capable of defending itself looks like at least a proto-world government. And if such a hub existed, I would expect it would grow its power until it was fully a world government.
I don't see our current world producing a sufficiently defended credibly non-partisan financial institution. There is too much pressure to take sides in international politics. One could attempt with cryptocurrency, but right now governments have a lot of power to intervene when it comes to converting crypto assets to real ones.