Following the breakup of the Soviet Union, oligarchic capitalism flourished in both Russia and Ukraine. But their paths have diverged sharply since then, foreshadowing a civilizational conflict that will determine not only their fate, but that of democracies throughout the West.
WASHINGTON, DC – The war in Ukraine is a theater for two competing development paths: Russia’s oligarchic capitalism and Ukraine’s burgeoning civil society. Western countries should mark this distinction, because oligarchic capitalism has increasingly taken root within their own systems of economic and political governance. The Ukrainians, meanwhile, have offered an alternative: people working together democratically to fashion a better collective future.
WASHINGTON, DC – The war in Ukraine is a theater for two competing development paths: Russia’s oligarchic capitalism and Ukraine’s burgeoning civil society. Western countries should mark this distinction, because oligarchic capitalism has increasingly taken root within their own systems of economic and political governance. The Ukrainians, meanwhile, have offered an alternative: people working together democratically to fashion a better collective future.