Conversation

Notices

1. Embed this notice
   georgia (georgia@netzsphaere.xyz)'s status on Wednesday, 17-Apr-2024 22:09:49 JST georgia

   in reply to

   • Ever Beedle
   @dave yea, it is, the idea is that the industries were carved up and handed to families friendly to them in a unique way post state ownership. so it is different originally but the term now means something like "very rich, usually owning something public with a degree of monopoly, very affiliated with politics and receives power on account of that". we have that in this country too though albeit their formative conditions were different not being post collapse.
   • Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
   • Embed this notice
     Ever Beedle (dave@gleasonator.com)'s status on Wednesday, 17-Apr-2024 22:09:50 JST Ever Beedle
     I mean, isn't it because the situation with the wealth re-distribution in Russia was kind of unique, because the people we would describe as oligarchs acquired their wealth through political muscling to take control of existing production assets when the USSR dissolved, rather than building or buying them with existing capital?
     Doughnut Lollipop 【記録係】:blobfoxgooglymlem: repeated this.