China’s rare earth strategy and India’s future

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Antonio Gramsci and Robert Cox have extensively discussed the concept of hegemony, particularly how states wield it through various means, including economic strategies. They argue that hegemony goes beyond mere dominance, encompassing an arrangement of power where the dominant state shapes norms and institutions in a way that its interests are seen as universal interests. However, sometimes some hegemonic states tend to dictate terms to others. Trade, as a tool, plays a crucial role in this dynamic. Powerful countries often use trade relationships to cement their hegemony, leveraging their control over vital resources as a means of influence. For instance,...