As the United States announced new sanctions targeting the Russian oil and gas sector, including its Serbian subsidiary NIS (Naftna industrija Srbije), debates about mitigating potential damage to
Tag: state capitalism
Russia’s Delinking from the West: The Great Equalizer
In this post, I discuss the recent trend towards more income equality in Russia. Mainstream economics explain it by the country’s transition to war economy. I apply Marxist analysis to demonstrat