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Putin and Navalny Both Represent Big Russian Capital – Alexander Buzgalin

Summary:
Prof Buzgulin says Putin is a puppet of the Russian oligarchy, a powerful group of people who deliberately keep Russians poor. No different from the situation in America.What the MSM don't tell you is what type of liberal Navalny is: A Milton Friedman neoliberal, whose oligarch backers admire the fascist, Pinochet. Under Navalny there will be less democracy. When these oligarchs are told that Pinochet murdered thousands, they say that he saved Chili & protected free markets. They want a dictator like him to come along and privatise everything, then destroy the left and the unions.The Russians don't like Navalny: only 2 to 3% support.The recent protests in Russia were more about the failed economic policies of Putin than support for Navalny, whose program may be even worse than Putin’s.

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 Prof Buzgulin says Putin is a puppet of the Russian oligarchy, a powerful group of people who deliberately keep Russians poor. No different from the situation in America.

What the MSM don't tell you is what type of liberal Navalny is: A Milton Friedman neoliberal, whose oligarch backers admire the fascist, Pinochet. Under Navalny there will be less democracy. 

When these oligarchs are told that Pinochet murdered thousands, they say that he saved Chili & protected free markets. They want a dictator like him to come along and privatise everything, then destroy the left and the unions.

The Russians don't like Navalny: only 2 to 3% support.


The recent protests in Russia were more about the failed economic policies of Putin than support for Navalny, whose program may be even worse than Putin’s. The West loves Navalny because they think he will open Russia to U.S. finance capital. From Moscow, Prof. Alexander Buzgalin joins theAnalysis.news with Paul Jay.





Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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