Avoided the discourse this weekend but will comment on it now-It is too simplistic to say that Norway's social wealth fund "is imperialism" but people seem to miss the larger core idea that a world order structured by U.S. imperialism makes passive global USD investment possible

In other words,its a passive adjunct to imperialism rather than being imperialism itself and it benefits from the property regime that the U.S.(and allies) enforce around the world. I know this seems strange but I think that's because a "financialized" global economy feels normal

Think of this another way, imagine what the response would be if Norway actively used these funds to develop political partnerships in the global south based around trying to "definancialize" the global south? What are the geopolitical consequences?

If active investments/outright grants that tries to break with western dominance built around U.S. military power would indeed have destabilizing consequences that the rest of the west responds to, how can we say that passive USD investing has no relationship to imperialism?