Economist Branko Milanovic saw firsthand the soaring inequality of Russia’s 1990s transition to capitalism. He spoke to Jacobin about how Vladimir Putin’s war has plunged the country back into crisis — and placed a bomb under the globalized order.
Branko Milanovic is an economist and a visiting presidential professor at the Graduate Center, CUNY.
Inequality is on the rise in the West but globally it’s in decline. Economist Branko Milanovic speaks to Jacobin about the shifting dynamics of capitalism, and why going back to its so-called “golden age” is not an option.