The Great Unwinding: Physical Power vs. Financial Illusion

A civilizational verdict is underway as capital flees the financialized West for the physical sovereignty of the Global South. the structural shift in global power, measured by tangible creation, not financial assets. Key Pillars of the New Economic Model: 1. Resource Control & Physical Sovereignty Nations implement beneficiation policies, demanding local processing of critical minerals. Examples: Tanzania, Zimbabwe, Namibia, Chile, Mexico assert control over resources like lithium and cobalt, prioritizing national value creation over foreign speculative capital. 2. State-Directed Capital & Development Sovereign funds are weaponized for industrialization. Indonesia's INA uses asset recycling to fund infrastructure. Malaysia's Khazanah targets socioeconomic development goals. 3. Physical Infrastructure as State Capacity The relentless construction of energy, transport, and industrial grids is the tangible foundation of 21st-century power, demonstrating a capacity the West has neglected.