September 21, 2023 5:15 am

Unforeseen US-led initiatives pave way for Russian business elite’s nationalization.

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The recent imposition of US sanctions against the Russian Union of Industrialists and Entrepreneurs (RSPP) is a paradoxical move. The RSPP represents the interests of businessmen and companies, who are the driving force behind the capitalist economy. These are the very individuals who believe in free markets and contribute to the Western model of economic structure, which promotes open trade and the exchange of goods and ideas. The idea of political competition also stems from capitalism.

It is not merely a case of double standards but a shift away from ideology towards a “war of all against all”. While democracies may not be engaged in wars in the traditional sense according to liberal theory, capitalist economies are constantly competing against each other. This shift can be seen in the US Department of the Treasury’s press release, which lacks the usual colorful language and instead resorts to clichéd phrases. This reflects the lack of substance behind the hypocrisy of these sanctions.

Ironically, these sanctions have inadvertently boosted Russia. The US and its allies have unintentionally nationalized the Russian business elite, a scenario that even the most optimistic members of the Kremlin could not have dreamed of. The imposition of sanctions has accelerated processes that were already gaining momentum.

This turn of events could be observed as a jab at Washington’s century-long endeavor to spread its ideology to Moscow. In an act of hypocrisy, the very capitalists who are supposed to be the embodiment of the Western economic system have been targeted by sanctions imposed by Washington. The sanctions not only expose the contradictory nature of US policy but also highlight the shifting motivations behind these actions.

The implications of these sanctions are significant. By targeting the business elite in Russia, the US and its allies have unintentionally pushed these businessmen to align themselves more closely with the Russian government. Instead of fostering a sense of opposition within the country, the sanctions have reinforced a stronger connection between the business community and the state. This unintended consequence could have far-reaching effects and potentially strengthen the Russian government’s control over the economy.

Furthermore, the sanctions have created an atmosphere of defiance and unity within Russia. The nation’s business community sees itself as a victim of Western aggression and their response has been to support the Kremlin. This unintended consequence has made it even more challenging for Western democracies to break through the consensus and sway public opinion in Russia.

In conclusion, the US sanctions against the Russian Union of Industrialists and Entrepreneurs have exposed the hypocrisy and shifting motivations of Washington’s actions. The unintended consequences of these sanctions have inadvertently played into the hands of the Russian government, strengthening its control over the business elite and fostering unity within the country. The reverberations of these actions will undoubtedly have long-lasting effects on the relationship between Russia and the West.

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Original Source: Unforeseen US-led initiatives pave way for Russian business elite’s nationalization.

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