How war stopped working
Financial Times
February 25, 2026
AI-Generated Deep Dive Summary
Modern conflicts, such as those in Ukraine, Iraq, and Afghanistan, highlight a significant shift: military force is increasingly ineffective in achieving lasting change. Traditional strategies of dominance are failing due to evolving geopolitical dynamics, technological advancements, and fragmented alliances. This ineffectiveness has profound implications for global stability and economic systems.
The changing nature of warfare is influenced by factors like cyber capabilities, irregular forces, and international coalitions that often counteract brute force. These elements make it difficult for any single nation to impose its will through conventional means. The article underscores how the reliance on military might no longer guarantees outcomes in contemporary conflicts, leading to prolonged instability and economic uncertainty.
Case studies from Ukraine, the Middle East, and Afghanistan demonstrate this shift. In Ukraine, despite significant military involvement, Russia faces stalemate. In the Middle East, proxy wars and fragmented alliances hinder decisive results. Similarly, Afghanistan's prolonged conflict underscores the limitations of external intervention. These examples illustrate how traditional power dynamics are being challenged.
For businesses and finance, this ineffectiveness matters as it fosters economic instability, disrupts supply chains, and impacts global markets. The unpredictability of conflicts discourages long-term investments and creates volatility in financial systems. Consequently, understanding these shifts is crucial for businesses navigating an increasingly uncertain world.
In conclusion, the diminishing effectiveness of force reshapes global security and economic landscapes. This shift challenges traditional notions of power and necessitates new approaches to conflict resolution, diplomacy, and business strategy. Recognizing this trend is vital for stakeholders aiming to thrive in an evolving international environment.
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Originally published on Financial Times on 2/25/2026