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People Who Used Economics as a Weapon

Economics as a Weapon: How Power Uses Policy to Control People This video explores the dark side of economic policies—how they’ve been wielded not to build prosperity, but to enforce control and maintain power. From Stalin’s brutal collectivization and manufactured famine, to Pinochet’s neoliberal shock therapy backed by dictatorship, to modern examples of economic oppression in Venezuela, Zimbabwe, and beyond, we reveal how economic theories become tools of domination in authoritarian hands. We examine the role economists play, the deadly impact of sanctions and austerity, and the rise of economic nationalism that isolates and harms populations. Ultimately, this is a story about power, ideology, and the human cost when economics is turned into a weapon.