OP-ED: "Target the Kremlin Pocketbooks," by David B. Rivkin and Carlos Ramos-Mrosovsky, Washington Post, 27 August 2008, p. A13.
Good line that reflects my thinking:
The oligarchy's widespread corruption, disrespect for rule of law and embrace of globalization make it a perfect target for Western "soft power."
Specific ideas involve holding up all top Russian transactions to minute inspection re: any legal irregularities.
Point being, "Russia's governing elites place their personal interests ahead of Moscow's raison d'etat."
More:
The fusion of private business interests and state policy in today's Russia differs from the endemic corruption of Soviet times ... Russia is a member, albeit a thuggish one, of the global economic system. Bereft of any significant civilian manufacturing, Russia's economy depends on natural resources exports. As a result, Russia, though grotesquely corrupt, is tightly plugged into global financial and commercial networks. The shady cadre running modern Russia has embraced globalization. These "Chekist oligarchs"--to distinguish them from the Western-oriented robber barons who rose in the 1990s, only to be purged by Putin--increasingly dominate lists of the world's richest individuals.
This fusion model of Russia's is not that different from China's--just coupled with Russian political paranoia. Both need to be housebroken by the global economy/Core in coming decades. China's moving in that direction nicely, Russia's system far more slowly.
But now Georgia gives us a great "teachable moment" here, assuming we don't go overboard or militarize the response unduly.
All levers, my friends, all levers.
We don't want to demonize Moscow's oligarchs as anti-globalization elements a la radical Islam. We want to make clear to them the cost-benefit ratio.
Good stuff.
After the huffing and puffing, the real thinking emerges.




Comments (1)
You might remember Treasury Secretary Paulson going to Moscow in July, asking PM Putin for Russian investment in the US.
We may not be in a financial position to make too much fuss about tis.
Posted by rkka | August 29, 2008 7:01 AM