Russia's cold northern economy is just a fraction of that of the United States. In fact its GDP is somewhere close to about half of that of India. The economy of the U.S.A. has about 20 trillion dollars in GDP while that of Russia is less than 1.5 trillion. Since the Kremlin flipped its leadership to end communism Russians have had to find a path through the wilderness to economic safety, and that was and is tough in a world of sharks eyeballing down Russia's vast natural resources.
Russian leaderhsip has been mostly Vladimir Putin. After the Clinton's got America's post cold war klep[tocracy going with Boris Yeltsin relenquishing vast histopricallyt Russian lands such as the Ukraine Russia needed to redistribute its own communist property to private interests. Oligharchs from organized crime arose as well as government related expropriations of government resources such that they would become private interests such as oil corporations with crony capitalism. Bill Clinton deregulated Wall Street allowing a fast track for the reorganization of the American economy at the same time.
https://www.huffingtonpost.com/entry/russia-us-inequality_us_5994ae69e4b0d0d2cc83f463
Presidents Clinton, Bush and Obama oversaw the redistribution of American wealth and opportunity such that the top 1% own 90% of the nation's wealth according to the N.Y. TImes. Russia is trying to follow that example of economic success and concentrate wealth so that free enterprise amidst the 1% can flourish and fullfuill Adam Smith's ideas about ncapitalism that it is most perfect when royals own about everything (joking).
https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States
President Trump of course helped the rich to become more rich and own everything including the boradcast media that serves as a mediator between the rich and middle class stimulating nthe middle class and poor to pursue political issues that haven't anything to do with economics or progressive taxation helpfully.
Russia's progress and moving toward a society with concentrated wealth of a rare 1% of the populous benevolently overseeing the rest of the nation so those daft masses don't need to be troubled with worry lines and difficult economic ideas is solid yet far behind that of the U.S.A. Russia began from a position of communism while the United States had the advantage of beginning with democracy. It is easier to transition from democracy to corporatism and plutoicracy than it is from communism to plutiocracy.
Russian leaderhsip has been mostly Vladimir Putin. After the Clinton's got America's post cold war klep[tocracy going with Boris Yeltsin relenquishing vast histopricallyt Russian lands such as the Ukraine Russia needed to redistribute its own communist property to private interests. Oligharchs from organized crime arose as well as government related expropriations of government resources such that they would become private interests such as oil corporations with crony capitalism. Bill Clinton deregulated Wall Street allowing a fast track for the reorganization of the American economy at the same time.
https://www.huffingtonpost.com/entry/russia-us-inequality_us_5994ae69e4b0d0d2cc83f463
Presidents Clinton, Bush and Obama oversaw the redistribution of American wealth and opportunity such that the top 1% own 90% of the nation's wealth according to the N.Y. TImes. Russia is trying to follow that example of economic success and concentrate wealth so that free enterprise amidst the 1% can flourish and fullfuill Adam Smith's ideas about ncapitalism that it is most perfect when royals own about everything (joking).
https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States
President Trump of course helped the rich to become more rich and own everything including the boradcast media that serves as a mediator between the rich and middle class stimulating nthe middle class and poor to pursue political issues that haven't anything to do with economics or progressive taxation helpfully.
Russia's progress and moving toward a society with concentrated wealth of a rare 1% of the populous benevolently overseeing the rest of the nation so those daft masses don't need to be troubled with worry lines and difficult economic ideas is solid yet far behind that of the U.S.A. Russia began from a position of communism while the United States had the advantage of beginning with democracy. It is easier to transition from democracy to corporatism and plutoicracy than it is from communism to plutiocracy.
