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Today, Explained

How the US learned to love sanctions

Today, Explained

Vox

Politics, Daily News, News

4.310.3K Ratings

🗓️ 6 July 2022

⏱️ 24 minutes

🧾️ Download transcript

Summary

The US hoped sanctions would end Russia’s war in Ukraine quickly. We revisit our conversation with historian Nicholas Mulder who explains the surprising history of economic penalties as a weapon of war. This episode was produced by Amina Al-Sadi, edited by Matt Collette and Sean Rameswaram, engineered by Efim Shapiro, fact-checked by Laura Bullard and hosted by Noel King. Transcript at vox.com/todayexplained Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

When the US and NATO allies decided not to send troops to Ukraine, they simultaneously

0:08.6

decided to hit Russia with sanctions.

0:11.8

The aim to strangle Vladimir Putin's economy and devastate the finances of his oligarch

0:17.3

friends and frenemies.

0:19.6

We have purposely designed these sanctions to maximize the long-term impact on Russia

0:25.3

and to minimize the impact in the United States and our allies.

0:29.9

When late June, the Biden administration announced yet another round of sanctions banning

0:34.4

among other things the import of Russian gold into the US.

0:39.3

If you're a glass half empty person, you might look at this and wonder, after all these

0:43.3

months are sanctions working?

0:46.1

If you're a historian, you might ask, have they ever?

0:49.8

Coming up on today explained the historian asks and we ask the historian.

1:08.9

It's today explained, I'm Noel King, sanctions are a way of fighting a war without fighting

1:14.0

in a war.

1:15.0

They do really involve the actual use of force or sometimes a threat of force, but they

1:19.7

don't necessarily have the same intensity always as kinetic warfare.

1:24.9

That's Nick Molder, he's an assistant professor of history at Cornell and we talked to him

1:29.0

back in February about his new book The Economic Weapon, The Rise of Sanctions as a tool of

1:34.5

modern war.

1:35.8

You have war or kinetic warfare as the most intense kind of use of force.

1:41.8

You have attempts at persuasion or coercion that can be threats or message sending and

1:50.1

sanctions are somewhere in between.

...

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