"In the past, if you defeated your enemy on the battlefield, you…

"In the past, if you defeated your enemy on the battlefield, you could easily cash in by looting enemy cities, selling enemy civilians in the slave markets and occupying valuable wheat fields and gold mines. Yet in the twenty-first century, only puny profits could be made that way. Today, the main economic assets consist of technical and institutional knowledge — and you cannot conquer knowledge through war. ... As for spending trillions of dollars on a war against the U.S., how could China repay these expenses and balance all the war damages and lost trade opportunities? Would the victorious People’s Liberation Army loot the riches of Silicon Valley? True, corporations such as Apple, Facebook and Google are worth hundreds of billions of dollars, but you cannot seize these fortunes by force. There are no silicon mines in Silicon Valley."

http://time.com/4826856/russia-trump-north-korea-china-war/