Russian Roulette: Russia's Economy in Putin's EraVaknin, Samuel
History
Russian Roulette: Russia's Economy in Putin's Era
Vaknin, Samuel
Putin, Vladimir Vladimirovich, 1952-; Russia (Federation) -- Politics and government -- 1991-
Russia has a long way to go to achieve this ubiquity. Its middle class,
far from representing the consensus, reifies the growing abyss between
haves and haves not. Its members' conspicuous consumption, mostly of
imports, does little to support the local economy. Its political might
is self-serving. It has no ethos, or distinct morality, no narrative,
or ideology. The Russian middle class is at a Hobbesian and primordial
stage.
Whether it emerges from its narcissistic cocoon to become a leading and
guiding social force, is doubtful. The middle class' youth, urbaneness,
cosmopolitanism, polyglotism, mobility, avarice and drive are viewed
with suspicion and envy by the great unwashed - the overwhelming
majority of Russia's destitute population. Empowered by their wealth,
the new bourgeoisie, in turn, regards the "people" with naive
admiration, patronizing condescension, or horror.
Granted, this muted, subterranean, interaction is not entirely
deleterious. It is the social role of the rich to generate demand by
provoking in the poor jealousy and attempts at emulation. The wealthy
are the trendsetters, the early adopters, the pioneers, the buzz
leaders. They are the engine that engenders social and economic
mobility.
A similar dynamic is admittedly evident in Russia - but, again, it is
tampered by a curious local phenomenon.
Writing for the Globalist, two Brookings Institution scholars, Carol
Graham, a Senior Fellow of Economic Studies and Clifford Gaddy, a
Fellow of Foreign Policy and Governance Studies described it thus:
"The eyes of Russia's middle class, on the other hand, are figuratively
directed downward, towards the poor. In fact, as poverty in Russia
increased dramatically in the 1990s, the middle class's reference norms
shifted downward as well. As a result, Russia may be the only country
in the world where the "subjective poverty line" is falling.
That is, the amount of money that Russians say that they need in order
to stay out of poverty has been steadily falling over the past five
years. It is even below the objective poverty line. For the time being,
at least, these curious Russian attitudes, along with the existence of
the non-monetary virtual economy, have insulated the country against
political upheaval."
The list of anomalies is not exhausted.
The new middle class comprises the embryonic legitimate business elite
- entrepreneurs, professionals and managers - but not the remnants of
the financially strapped intelligentsia. It is brawn with little
brains. In dissonance with western Europe, according to a survey
published in the last two years by Expert magazine, the majority of its
members are nationalistic, authoritarian and xenophobic. Their
self-interested economic liberalism is coupled with social and
political intolerance. But two thirds of them support some kind of
welfare state.
Thus, there are major differences between the middle class in the West
and its ostensible counterpart in Russia.
Public-domain text, read in full here on John Shaqi.
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