Originating in the field of competitive behaviour, zero sum game has caused sufficient harm to the international relationship necessitating the urgent need for review and moderation. Neither USA nor China who are locked in neck to neck battle are keen to step back. Consequently, it is the geoeconomics that is plagued now.
When two countries are competing with each other for economic resources, international trade primacy, and preferred methodology of economic development such as democracy vs autocracy and strategizing national security as a major paradigm, each party tends to believe that the other party must lose or put under discomfiture so that aggressive party garners the entire gain. The end result is both have lost and unwittingly push geoeconomics to go out of balance.
Geo sum game is part of game theory in mathematics that has plenty of applications in many areas in human interaction including but not limited to, business competition, power projection in politics, economics, military and technology. Culminating in international relationship as a whole, zero sum mentality strikes the field of geoeconomics which bears pain and wounds that take longer time to heal leaving a sense of retribution on the part of the victim to settle the score by applying similar or much worse methods.
In sum, there is no net gain in zero sum game, whatsoever. Arising out of competition that is one-sided, the net result is always zero as total gain and loss add up to a big nothing. To be sure, the present zero sum game was started not by China but by the US in order to protect her coveted position as the solo superpower.
During the cold war, when challenged by the Soviet Union, America had a plus point in terms of superior geoeconomics system. Leveraging it well America was able to bring about a collapse of not only Soviet Union, but the socialist system it advocated. Put it simply. Soviet Union was only a military power that had power parity with USA and fair edge in nuclear strike capability. But she did not have the economic muscle to sustain the cold war. Consequently America was able to tear down the Iron curtain along with shredding the Warsaw Pact.
Times have changed. Risen China is not easy game. China being a worthy adversary is fully equipped for a real fight. She has mastered politics albeit, authoritarian, has excellently working economic power house and praise worthy development in technology including 5G, quantum computing, artificial intelligence and possesses mufti layered battle space besotted with traditional sea, land air to modern cyber, space and satellite vectors.
The fear of the dragon has rattled USA so much that macroeconomics tools are lined up in quick succession to project power to intimidate Red China. But as they say when elephants fight it is the grass that suffers. Many countries are being pushed to corner to take one side or other and in that process their respective geoeconomics horizon is being cluttered leading to a temptation to make the wrong move that could result in being damned either way.
Cheers!
Muthu Ashraff Rajulu
Business Strategist
Mobile: + 94 777 265677
E-mail: cosmicgems@gmail.com
Blog: Business Strategist
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