The influence of the financial oligarchy on politics in Russia

Abstract

The financial oligarchy in Russia has greatly influenced the political landscape since the Soviet Union's collapse. This elite group,
enriched during the 1990s privatization, has shaped government policies through their economic resources, control over industries,
and ties to political elites. They use their wealth to influence elections, lobby for legislation, and secure contracts, creating a
system of crony capitalism. Under Putin, the dynamics shifted, with some oligarchs sidelined and others aligning with the
Kremlin, leading to a state-controlled oligarchy where regime loyalty is crucial. This ongoing influence questions Russia's
democratic accountability and economic equality.
The financial oligarchy in Russia has significantly shaped the political landscape since the collapse of the Soviet Union,
influencing government policies, elections, and economic equality