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Alexander Etkind

Stories from Alexander Etkind

By driving up energy prices, Bush was Putin’s greatest ally
01/03/2009

Ever since Vladimir Putin came to power a decade ago, the Kremlin regime has relied on two pillars: the security forces and energy exports. By suppressing internal rivals and absorbing their assets, the regime created a dual monopoly.

Redistributing some of the profits from high energy prices enabled the regime to improve living standards and make itself popular with ordinary Russians. And resolving internal problems through a disproportionate use of force reassured even the regime’s security obsessed ex-KGB men.

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