this post was submitted on 26 Nov 2024
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Late Stage Capitalism
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Russia is a capitalist country
No it's an oligarchy.
That is not mutually exclusive
Fair enough!
It's also a dictatorship on top of it.
So is America, it's a dictatorship of capital[https://www.cambridge.org/core/journals/perspectives-on-politics/article/testing-theories-of-american-politics-elites-interest-groups-and-average-citizens/62327F513959D0A304D4893B382B992B].
Not even that. In an oligarchy, a country is ruled by large business interests, overtly or covertly. Russia is run by Vladimir Putin, who is not a businessman (but a former intelligence officer) and killed a bunch of so called oligarchs when he took power. USA might be much closer to a real oligarchy than Russia is.