GloriousRuse wrote:I hardly think the manticore wormhole counts as all the choke points in the world for this analogy. It’s not every wormhole everywhere in human space. But that aside:
For you to make money controlling a choke point, you basically need to charge tolls/fees/taxes or give your merchants preferential treatment (or both). If it’s tolls, that means other people’s stuff needs to come through or enough of your domestic stuff has to go out. Which when you remove what is literally somewhere above 80% of the galactic market which you used to count on to provide those fees - well, your chokepoint isn’t making much money. Ask the Turks how much they made off the straits during WWI when Russia was an enemy.
If you’re giving your own merchants a price advantage, they still need to actually buy, sell, or at least transport other people’s stuff, somewhere. Only you now can’t do that in the overwhelming majority of the market that you used to work in. So your price advantage doesn’t matter.
Either way, from a revenue generation stand point, you still need a market to work with. Simply owning the Panama Canal doesn’t make you rich unless people can use it, and the manties made sure own a tawdry pittance of their former trade can use it.
Plus the vast loss carriage and trade revenues in the league.
If Manticore is supposed to be Great Britain, this is the equivalent of them voluntarily accepting the continental system, stopping trade with the majority of their empire and it’s bordering areas, and thinking it’ll be ok because they can still trade with post-revolutionary America and Canada.
The wormholes are not completely analogous to modern canals, but they are close. In the Honorverse, one can simply bypass a wormhole. This takes more time which is a huge problem when you already do not have enogh ships to carry your freight.
Of course there are negative consequences to Manticore. In the short term this nukes your revenue stream. In the intermediate term you incentivize the SL to reduce, prioritize and rationalize their trade. Rather than shipping rubber dog shit from nuvo Hong Kong, they are shipping only useful stuff. In the long term, you incentivize the SL to build a larger merchant fleet.
However; in the short term Lacoon hinders the SLN and puts the SL's economic testicles in a vice. This has the political benefit of inspiring many SL systems to question the SLN and OFS policies that have provoked the SEM.
Now that Sol system has been pillaged but not raped, the SEM can open the wormholes and return the MMM to service for SL trade. All of those patriotic SL systems might make lots of noise about how evil Manticorans are, but most will eagerly pay the junction fees or employ Manticoran merchant ships.