Savelii Kramarov in a satirical sketch on the cost of living in 1971. It has become a viral meme in the last year.
Phrases on the variation: ‘people are Russia’s replacement oil’ represent a new extractive and punitive turn in domestic politics, a shift to harvesting economic rents in more intensive ways focused on the daily doings of ordinary Russians. The interpretation goes like this: consistent oil prices over $70 – not seen since 2014 – are needed to maintain Russia’s state budget. After four years of expensive foreign policy adventures and a longer term lack of progress in creating a diversified economy at home, the government has resorted to ‘farming’ the ordinary population in earnest. This is the corollary of the ‘intense struggle access to budget money’ among the elite since 2016 that [paywall] Svetlana Barsukova details. Since most Russians have seen stagnating income levels for…
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