NeoLiberalism - Flat Taxes - FreeMarkets
Individual Freedom

Wednesday 9 March 2022

The Power of Capitalism to Challenge Totalinarianism

 A new force for good is emerging out of the catastrophe being perpetuated in Ukraine, a peaceful country being crushed by its neighbour, Putin's Russia.

Putin, who when presented with a choice to develop his country commercially and economically, or to militarise his country to win back the old Soviet Empire incredibly chose the latter. Clearly a man with little or no vision who has been unable to reject his old KGB training.

Encouraged by his relatively unchallenged land grab in Ukraine's Crimea and the Donbas in 2014 he has now embarked on a military invasion to subjugate the whole of Ukraine by force.

After 14 days Russia's military invasion by land, sea and air has been exposed as disorganised, ill equipped and having great difficulty in securing Ukraine. 

Clearly Russia will succeed in destroying Ukraine's infrastructure but at a cost in men, equipment and to their own economy and military that is clearly going to be unsustainable.

What is emerging now however, which was not taken into Putin's calculation, is the degree to which the democratic West has been able to cooperate over imposing sanctions against Russia. Never before have such a wide range of sanctions been imposed by so many.

However the corporate sanctions that are now developing could be far more damaging to Putin's Russia than the sanctions imposed by Govts., as the large Capitalist Corporations close down their investments in Russia from the Oil Corps to Macdonalds to Starbucks to car assembly.

Capitalism is but a way of trading and the big Corps have come under huge pressure from their consumers in the Free World who are outraged by the Russian attack on the Ukrainian people. 

Pressure has been exerted through the MSM and through the huge reach and power of social media. They clearly see great damage to their businesses and are responding accordingly.

This response by the Capitalist Free World will have a massive impact on the Russian people as Fuel forecourts, retail shops and restaurants et al are closed. The middle classes will see their quality and style of life deeply impacted and the damage to the Russian economy will be there for all to perceive.

This Ukrainian tragedy has sadly some way to go but it's clear Putin's Russia cannot 'win' and we are seeing the use of the West's new War Weapon ... Govts. and Capitalism withdrawing their investments and denying our markets to Russian goods.

This new 'Weapon' is proving highly effective and will be giving Xi of China food for thought about his own expansionist and totalitarian plans ! 

This new 'Weapon' could be the way to bring freedom and economic balance to the World by deterring tyrants like Xi and Putin.