Two steps back, one step forward. It’s not the Watusi. It’s certainly not the hokey-pokey. Perhaps it’s a waltz. Whatever the dance step Vladimir Putin is leading Russia’s political future with, it’s certainly keeping everyone on their toes. Let’s just recap the last few weeks. Prime Minster Mikhail Fradkov resigns only to be replaced by a seemingly unknown technocrat and Putin ally Viktor Zubkov. This move caused many to immediately shoot Zubkov to the top of the successor list. Others were more cautious, seeing Zubkov’s becoming Prime Minister as simply a way to Putin to have an ace in the hole against the Kremlin clans. Zubkov is said to be an outsider of sorts and not beholden to any clan, that is of course if you don’t think Putin has a clan of his own. Further Zubkov, as the head of the Federal Financial Monitoring Service, has access to what RFE/RL’s Victor Yasmann calls “a unique political weapon“: intimate knowledge about the legal and illegal flow of capital in and outside of Russia. In Zubkov, Putin has his own financial spy.

But Zubkov’s nomination was only the beginning. A new PM surely meant a new government, and the speculation over which fresh faces would inhabit the cabinet kept everyone on edge. But last week’s announcement proved hardly climactic. No one was surprised by the sacking of German Gref and Mikhail Zurabov and the removal of Vladimir Yakovlev, the head of Regional Development, made no stir since no one cares about regional development anyway. Most were surprised that Gref and Zurabov lasted so long. The appointment of two women, Tatyana Golikova to replace Zurbaov as Health and Social Development Minister and Elvira Nabiullina to take over for Gref as Trade Minister, caused some statements about the cabinet’s feminization. Who would have ever though Putin was a partisan for affirmative action. The Presidential cabinet got two new ministries, the revival of the Federal Fishing Agency to be headed by Andrey Krainy and a committee on youth, the head of which has yet to be announced. (I suspect Nashi’s Vasili Yakamenko will eventually fill this position.) On the whole, however, the big surprise was that there was no surprise, though according to Kommersant’s Andrey Kolesnikov Putin even kept his own ministers on pins and needles as to their future until the last minute.

Though the Russian government’s “reshuffle” was lackluster, Zubkov, surely seasoned by his years on the kolkhoz, already appears to be a force to be reckoned with. His first cabinet meeting began with a session of “criticism” for the government’s failures to implement reforms, infighting, and neglect of fulfilling regional requests for resources. Zubkov then pulled an old arrow from the quiver of Soviet governance and ordered his minister’s underlings to the provinces. Next, Zubkov made a tried and true Russian political move. He began an anti-corruption campaign, calling for the Duma to adopt an anti-corruption law that’s been languishing since 1992. As of now the Russian Criminal Code has no laws explicitly defining corruption. And though anti-corruption campaigns are usually no more than a populist ruse, (anti-corruption and anti-bureacratism were favorites in Soviet times), Zubkov might have actually scared the Russian elite into thinking that he’s serious. A few weeks ago Zubkov created the Investigation Committee under the Justice Ministry especially for investigating corruption. The Committee took its first casualty on last Thursday when a man dressed in black pumped three bullets, including one “control shot,” into Nazim Kaziakhmedov, a chief investigator on the Committee, as he left the Bakinskii Dvorik restaurant in northeastern Moscow.

Zubkov’s exhibition of a strong hand in governance only propelled his status as a possible successor to Putin. So far he’s deflected reporters inquiries, saying that wants to score some successes as PM before moving to something bigger. Assumed front runners Sergei Ivanov and Dmitri Medvedev now seem to have taken a back seat in the presidential “chatter.” Even Putin threw his own curve ball or sorts. After praising Zubkov as “highly professional,” “a man of integrity with sound judgment, responsibility, and wisdom” and “a man of strong character and expensive experience” (platitudes that are sure to spark jealously in his inner circle), Putin contended that “there are at least five people can run for president and can be elected. It’s good that another person [Viktor Zubkov] has appeared. Russian citizens will have a selection of candidates to choose from.” Who the five are, besides Zubkov, he didn’t say. Interestingly, Boris Kagarlitsky thinks Putin is just winging it as a means to keep it interesting.

And here today we witness the newest Putinian dance step. United Russia’s party congress has begun, an event that will surely be overshadowed in the West by its fascination with political nobodies like Garry Kasparov. And lo and behold who is sitting at the top of United Russia’s Duma candidate list? Why it’s Vladimir Vladimirovich Putin himself! Putin gleefully accepted the nomination from the party in power. This of course immediately sparked questions about him becoming Prime Minister after the elections. “As far as heading the government is concerned – this is a quite realistic suggestion but it is still too early to think about it,” Putin answered. According to the Financial Times, while some might argue that Putin the Duma candidate is all part of an elaborate plot to bring back Putin the President in 2012 and thereby trampling Russian democracy for the umpteenth time, there is one class that will be happy: the vampires of the global financial class. “Irrespective of one’s view of Putin’s democratic credentials, markets respect the stability and prosperity he has brought to Russia, and should react positively to the latest development,” says Tim Ash, an economist at Bearns Steerns in London. And why wouldn’t it? Russia might be, in the words of Dmitri Trenin, a “very rough, brutal and cheerful capitalism”, but it is capitalist nonetheless. And the only capitalists that hem and haw about Russia lack of “democracy” are usually the ones losing their shirts. Lots and lots of people are making lots and lots of money, meaning that Putin is and will continue to be good for business. Having him close to the Russia’s political helm in the future will no doubt put many capitalists in Russia and abroad at ease. So if Putin wants to take one step forward after taking to steps back, there is no doubt in my mind that some will be urging him to take a few steps more.