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The Essence of Power — Leonid Savin

Summary:
Interesting article on power, which is one of the key sociological concepts and in the mind of some, the chief one in analyzing a social system. This provokes the question, what is power?This is also a key concept in economics, where it appears as market power, obviously, and less obviously as the power of influence institutions that shape markets and economic behavior.One of my mentors used to say that the most important thing to understand is power. This requires viewing power relative to systems in which it is exerted.Leonid Savin summarizes some of the prominent views of power.GeopolitikaThe Essence of PowerLeonid Savinhttps://www.geopolitica.ru/en/article/essence-power

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Interesting article on power, which is one of the key sociological concepts and in the mind of some, the chief one in analyzing a social system. This provokes the question, what is power?

This is also a key concept in economics, where it appears as market power, obviously, and less obviously as the power of influence institutions that shape markets and economic behavior.

One of my mentors used to say that the most important thing to understand is power. This requires viewing power relative to systems in which it is exerted.

Leonid Savin summarizes some of the prominent views of power.

Geopolitika
The Essence of Power
Leonid Savin
https://www.geopolitica.ru/en/article/essence-power
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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