Collapse of Neoliberalism: Oligarchs in America and Russia face a crisis once thought to be an opportunity
There is a reckoning coming. The kind of oligarchy that neoliberalism has brought to both America and Russia is so unstable it will not hold. Both nations are thus confronting dramatic transitions over the next few years. As Russia has suffered substantial defeats in Ukraine, Vladimir Putin may be looking at the end of his reign. There’s similar tough stuff facing Donald Trump, Steve Bannon, and their GOP buddies. As the world watches its 40-year-old experiment with neoliberalism collapse, Republicans in the U.S. and Putin in Russia are facing a crisis they once thought would be an opportunity. Neoliberalism...
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