Daily Archives: December 23, 2007

Putin’s Wealth: The Next Episode?

I first learned from Andy over at Siberian Light about the press brouhaha over Putin’s alleged $40 billion tucked away in banks in Switzerland and Lichtenstein. Intrigued, I set my sights on said press accounts for the story.

Claims of Putin’s hidden money bags comes from an interview Stanislav Belkovsky recently gave to Die Welt. There Belkovsky perhaps spells out the true nature of “Putinism,” a nature that harks back to Andrei Pointkovsky’s claim that Putinism is “the highest stage of robber capitalism.” Indeed, except Russian capitalism is more like collective thievery. Under Putin’s tenure, says Belkovsky, “all the interest groups are represented in the Kremlin. The people who sit there are the direct advocates and co-owners of large enterprises.” Nothing new here. What is new is the claim that Putin himself has reaped the spoils of Russia’s economic might. ..read more

A Geneology of “Putinism”

As the sun begins to set on Putin’s Presidency and his direct personal sway over Russia’s future is still undetermined, there is one legacy we can count on. A new “-ism” called Putinism.

With the help of LexisNexis, I’ve been trying to track down the first appearance of this supposed ideology attached to the person of Vladimir Putin. A search of Major US and foreign publications, wire services, and TV and radio transcripts reveals a rather serpentine history to Putinism’s literary life.

According to my search, “Putinism” was born in early 2000. The first mention of the word came a mere six days after Vladimir Putin was named acting President of Russia. It was coined by an unlikely figure, Richard Gwyn, in an unlikely publication, the Toronto Star. I say unlikely because while Gwyn is considered “one of Canada’s best-known and most highly-regarded political commentators,” he is ..read more