Robert Skidelsky, a member of the British House of Lords and Professor Emeritus of Political Economy at Warwick University, was a non-executive director of the private Russian oil company PJSC Russneft from 2016 to 2021. The author of a three-volume biography of John Maynard Keynes, he began his political career in the Labour party, became the Conservative Party’s spokesman for Treasury affairs in the House of Lords, and was eventually forced out of the Conservative Party for his opposition to NATO’s intervention in Kosovo in 1999. He is the author of The Machine Age: An Idea, a History, a Warning (Allen Lane, 2023).
LONDON – Vladimir Putin may (or may not) enjoy 80% public support in Russia for his Ukraine policy; but it has become increasingly clear that he has bitten off more than he can chew. The question is: At what point will his position as President become untenable?
Leave to one side the moral and geopolitical background of the Ukraine imbroglio. Russians are justified, I believe, in their view that the West took advantage of Russia’s post-communist weakness to encroach on their country’s historic space. The Monroe Doctrine may be incompatible with contemporary international law; but all powers strong enough to enforce a strategic sphere of interest do so.
There is merit, I also believe, in Putin’s contention that a multipolar world is better than a unipolar world for advancing the cause of human flourishing. No single power or coalition is wise or disinterested enough to claim universal sovereignty.
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