In a significant shift from its post-Communist past, Russia's government is escalating its campaign of nationalization, seizing private enterprises in a bid to consolidate power and bolster the war economy. The courts have recently sanctioned the state takeover of major assets, including a leading warehouse company and a prominent grain exporter, and have even sought to claim a major airport in Moscow. This marks an alarming trend as it not only targets Western-owned firms but now Russian enterprises as well, undermining the country's legal framework and civil liberties.
Critics argue that the asset seizures are undermining the last vestiges of Russia's rule of law, signaling a chaotic and aggressive push from the Kremlin.
By nationalizing lucrative businesses, the Kremlin can control industrial output to support its war efforts while enforcing price restrictions, reflecting Putin's aims on domestic policy.
Collection
[
|
...
]