December 22, 2025


Once A Real Estate Developer: The Mismatch of Economic Offers in Geopolitical Conflicts

Imagine you're a real estate developer, but instead of negotiating for land and building contracts, you're trying to solve some of the world's most intractable geopolitical issues. This scenario isn't just a thought experiment; it mirrors recent attempts by certain global leaders who have tried to apply business acumen to international diplomacy – with mixed results.

Take North Korea, for instance. A real estate developer might see untapped economic potential in the isolated country and argue that if North Korea were to denuclearize, it could unlock this potential and prosper. However, from Kim Jong Un's perspective, relinquishing nuclear capabilities doesn't just mean giving up weapons; it's losing a crucial lever of power and security against perceived threats from external forces, particularly from the United States.

Similarly, consider the complex dynamics of the Gaza Strip. Proposing to transform the area into a Middle Eastern Riviera might sound appealing as a business venture, promising economic upliftment through tourism and development. Yet, this perspective overlooks deep-seated historical and religious conflicts that cannot be simply resolved by economic incentives. For groups like Hamas, the struggle isn't about economic gain but about fundamental beliefs and a fight for recognition and rights.

The situation in Ukraine presents another example where economic solutions seem inadequate. Suggesting that Russia could benefit economically from peace on favorable terms ignores the deep historical and cultural significance Ukraine holds for Russia, and the strategic interests at play.

These examples reflect a broader trend where economic solutions are proposed for problems that are deeply political, cultural, or historical in nature. This approach often fails to grasp the underlying complexities that cannot be addressed by economic incentives alone.

The repeated failure of such negotiations highlights a critical gap in understanding. Leaders and negotiators might benefit from a deeper appreciation of history and culture, much like the insights from Henry Kissinger's 1994 book, "Diplomacy," which details the geopolitical significance of Ukraine long before it became a contemporary issue.

This mismatch between economic-driven solutions and culturally rooted conflicts suggests that a more nuanced approach is necessary. It's not about offering the best business deal, but understanding the historical, cultural, and human factors that define these conflicts. Perhaps, then, the wisdom of historical figures like Oleg the Wise could offer more guidance than modern economic strategies.

In conclusion, while economic development can be a powerful tool for peace and progress, it alone is insufficient to solve the world's most persistent conflicts. A blend of economic incentives coupled with a deep understanding of the historical and cultural contexts might pave the way for more effective diplomacy.