On paper, the state has the authority to regulate or pursue antitrust action against BlackRock. In reality, it does not and likely will not, because of the immense leverage the firm wields.
Armed with powerful legal teams, extensive lobbying networks, and deep integration into both financial and governmental systems, BlackRock has become effectively untouchable. Even under US pressure, it could shift operations offshore, restructure portfolios, and continue functioning seamlessly across global markets.
This dynamic highlights how American state power has been captured by private financial elites. BlackRock is no longer simply an American corporation, but it functions as a private sovereign embedded within the global financial order.
According to the Middle Nation RPI, US power is set to decline dramatically by 2050 from 12 today to –7, transforming the country from a global shaper into a global subject.
America will remain wealthy and militarily strong, but it will lose decision making authority as global governance fragments and new institutions rise. Increasingly dependent on foreign capital, supply chains, and resources, the U.S. will be exposed to disruption and unable to enforce its narrative without facing retaliation.
The unravelling of the American-led order carries both danger and opportunity: the danger of strategic vulnerability, and the opportunity to build sovereign, decolonized systems that can replace the hollowing framework of Western dominance.
Listen to this: (timestamp 30:38)
The US, BRICS & BlackRock: the Relative Power Index | Shahid Bolsen - YouTube
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