In an op-ed in the New York Times Eileen O’Connor warns that our political leaders don’t understand Russia very well:
In 1996, when I was the Moscow bureau chief for CNN, a battle was underway between a faction of corrupt oligarchs and cronies of President Boris Yeltsin’s bodyguard, who was demanding more money from them for political “protection†and threatening to upend planned elections.
I asked Anatoly Chubais, who was then the deputy prime minister, the question that seemed at the heart of the fight: What is more important to Russians, power or money?
He replied, “If you have to ask, you don’t understand Russia.†The answer was power.
and here’s the meat of the piece:
The only people who can truly sway Mr. Putin are ideologues who share his views, the so-called siloviki. The word literally means people with force — the power that comes from being in the security forces or military. These insiders have been with Mr. Putin since his days in the K.G.B. or in the St. Petersburg municipal government, and they see themselves as protectors of Russia’s power and prestige. They have kept their money mostly inside Russia and out of reach of sanctions. And like Mr. Putin, they see the dissolution of the Soviet Union as the greatest catastrophe of the 20th century, and believe this fight is for Russia’s “sovereignty and the future of our children.â€
To influence them, the West must prioritize the things that they believe give Russia its superpower status: its oil and its military.
I would quibble with her a bit on that last claim. I think that oil and military power make Russia a regional power; nuclear weapons make it a superpower. But I get what she means.
She concludes:
In an interview with Bloomberg, Mr. Fridman, the London-based oligarch who has since been put under British sanctions, said that if the European Union thought he could tell Mr. Putin “to stop the war and it will work, then I’m afraid were all in big trouble,†because that means Western leaders “understand nothing about how Russia works.â€
You will note echoes of what I’ve been saying around here in Ms. O’Connor’s op-ed. There are Americans who cannot be persuaded that Russia’s political leaders are not exactly like ours. They’re wrong.
The economic sanctions that have been put in place are as likely to bring the global financial system to its knees as they are to move Putin to end the war in Ukraine. With as porous as they are, they could actually end the reign of the dollar before they end the war in Ukraine. I don’t have the hard numbers in hand but with the increase in the price of oil and Russia’s largest trading partner by far, China, not participating, their effect on Russia could be negligible. Right now much is being made of the effect of the sanctions on Russia’s airline industry—they can’t get parts with which to maintain their aircraft. However, since sanctions haven’t been imposed on China or India or any of the other countries that aren’t going along with the sanctions, any or all of them could act as middlemen which will undoubtedly happen with the passage of time.







