11min chapter

Curious Worldview Podcast cover image

Stephanie Baker | Oligarchs, Sanctions & The Global Economic War With Russia

Curious Worldview Podcast

CHAPTER

Echoes of Perestroika: The Rise of Russian Oligarchs

This chapter reflects on the speaker's experiences as a reporter during Russia's Perestroika and the tumultuous 1990s, highlighting the challenges of covering rapid privatization and financial crises. It examines the dynamics of the oligarchs' emergence, fueled by the flawed voucher system and loans for shares, which allowed certain individuals to amass significant wealth and influence amid government corruption. The discussion also delves into the complexities of defining oligarchs and their enduring impact on Russia's political and economic landscape.

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