In her 2014 book Putin’s Kleptocracy, the late Karen Dawisha argued that the key to understanding Vladimir Putin’s Russia is money. While Putin was selling stories to the public about restoring Russia’s global influence, she explained, he and a coterie of trusted cronies were amassing massive amounts of personal wealth. More than an authoritarian, nationalist, or revanchist, Putin, in her view, should be understood as a crook.
At the time, I disagreed: though money was undoubtedly important to understanding the Putin regime, the drive for global influenc...
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