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Vaknin, Sam, 1961-

"Russian Roulette: Russia's Economy in Putin's Era"

Hence
also the thaw in Russia's relations with its erstwhile foe, Israel.
Russia's population is hungry and abrasively materialistic. Its robber
barons are more American in spirit than any British or French
entrepreneur. Russia's business ethos is reminiscent of 19th century
frontier America, not of 20th century staid Germany.
Russia is driven by kaleidoscopically shifting coalitions within a
narrow elite, not by its masses - and the elite wants money, a lot of
it and now. In Russia's unbreakable cycle, money yields power which
leads to more money. The country is a functioning democracy but
elections there do not revolve around the economy. Most taxes are
evaded by most taxpayers and half the gross national product is anyhow
underground. Ordinary people crave law and order - or, at least a
semblance thereof.
Hence Putin's rock idol popularity. He caters to the needs of the elite
by cozying up to the West and, in particular, to America - even as he
provides the lower classes with a sense of direction and security they
lacked since 1985.


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