It is responsible for inequality. For financial instability. And probably for poverty, racism and global warming as well. We have heard a lot about neoliberalism over the last 20 years. But now Vladimir Putin’s Russia is going in completely the opposite direction. The world is about to witness an experiment in what can only be described as neo-communism. The twist is that, unlike its liberal counterpart, it will be a complete failure – and the best thing the West can do is wait for it to implode.
A Big Mac is not going to be any better when it is grilled by the Russian government
Over the last three weeks since Russian soldiers moved across the border into Ukraine it has become clear that Putin is trying to recreate a Soviet empire. Ukraine was top of the list, and Estonia, Latvia and Lithuania may well be next. Now it seems he is intent on re-creating the Soviet economic model as well.
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