That works until the country that does have military dominance decides to conquer you and take that production for itself. The market is meaningless when force can be used to take what you can't purchase in the market.
It is possible to be a wealthy nation that doesn't have military dominance (Switzerland, etc). The key is to be overall small enough that you can consume a lot per capita but still fly under the radar of the big boys. A country as big as the U.S. doesn't really have that choice.
It is possible to be a wealthy nation that doesn't have military dominance (Switzerland, etc). The key is to be overall small enough that you can consume a lot per capita but still fly under the radar of the big boys. A country as big as the U.S. doesn't really have that choice.