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Greg Burgin's avatar

I suspect that part of the problem of who "controls" what territory is being played out before our eyes. Putin and his siloviki are wealth extractors. His Russia is less efficient at developing wealth in the regions under it's control than many other countries, not because it lacks resources, but because it's a capitalist system without private companies.

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Steve Swope's avatar

While globalism certainly has the potential to spread wealth around, it does matter who holds a particular territory. Ukraine as the breadbasket of Europe was starved by Stalin, no matter its fertile soil and competent farmers. Natural wealth didn't help it avoid the effects of a dictatorial government. Ukraine today - well, 3 months ago - had come out from years of cronyism and corruption into a decent government with Zelensky. If Putin manages to win and hold any territory, that space will again be under a kleptocracy, to no benefit for the inhabitants.

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