Bite-Sized Business Law

The 6th Domain of Warfare: The Role of the Private Sector in Geopolitical Conflict

August 13, 2024 The Corporate Law Center at Fordham University School of Law Episode 49

As much as the past three decades have relaxed us into thinking otherwise, recent outbreaks of conflict have proven once again how war is inextricably intertwined with our economy and the business world. So, what is the role of the private sector in geopolitical crises, and how should we modernize our businesses to meet the challenges of the 21st century? William Jannace is an Assistant Professor at the Eisenhower School for National Security and Resource Strategy; Josh Lipsky is the Senior Director of the GeoEconomics Center at Atlantic Council, and today, the pair leans on their adept experiences in law to help explain why business and war cannot be separated. We discuss the role of business in modern geopolitical tensions, how recent conflicts have woken us from our dream state, how war brings a corporation’s geopolitical shortcomings to the forefront, and why elections play a huge role in how conflict is handled globally. We also unpack the power of government-private sector collaborations, the modern threat of digital security, where cryptocurrency fits in, and the role of the U.S. dollar in today’s geopolitical climate. 


Key Points From This Episode:

  • William Jannace and Josh Lipsky detail their journeys in studying and practicing law. 
  • The role of business in modern geopolitical conflicts and tensions. 
  • How the Russia-Ukraine conflict reminds us of corporate responsibility in national security. 
  • The way conflict forces businesses to address their internal geopolitical shortcomings. 
  • Understanding how elections affect the way political leaders handle conflict, globally.  
  • How governments and their private sectors can band together against election interference.
  • The way non-State actors influence political campaigns and shape foreign policies.
  • Ascertaining the role of the U.S. dollar in today’s geopolitical climate.
  • Crime as a service: how cybercriminals influence global instability, and the role of crypto.
  • The next steps for corporations that want to use their power responsibly for global peace. 


Links Mentioned in Today’s Episode:

William Jannace on LinkedIn 

The Eisenhower School for National Security and Resource Strategy 

Josh Lipsky on LinkedIn

Atlantic Council

U.S. Army War College 

Global Financial Markets Institute 

Metropolitan College 

New York Stock Exchange

FINRA

The World Bank 

IMF 

Christine Lagarde on LinkedIn 

U.S. Department of State 

The Daily Show 

FSVC 

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Fordham University School of Law Corporate Law Center