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This insightful study explores how the economic system Vladimir Putin has developed in Russia works to consolidate control over the country. By appointing his close associates as heads of state enterprises and by giving control of the FSB and the judiciary to his friends from the KGB, he has enriched his business friends from Saint Petersburg with preferential government deals. Thus, Putin has created a super wealthy and loyal plutocracy that owes its existence to authoritarianism. Much of this wealth has been hidden in offshore havens in the United States and the United Kingdom, where companies with anonymous owners and black money transfers are allowed to thrive. Though beneficial to a select few, this system has left Russia's economy in untenable stagnation, which Putin has tried to mask through military might.

Political culture --- Capitalism --- Political corruption --- 330.342 --- 330.342 Economische ontwikkeling. Groeistadia --- Economische ontwikkeling. Groeistadia --- Putin, Vladimir Vladimirovich, --- Putin, Wladimir Wladimirowitsch, --- Putin, Volodymyr, --- Pujing, --- Poutine, Vladimir Vladimirovitch, --- Путин, Владимир Владимирович, --- Putinas, Vladimiras, --- Putin, V. V. --- Poetin, Vladimir Vladimirovitsj, --- Influence. --- Russia (Federation) --- Russian Federation --- Rossiyskaya Federatsiya --- Rossiya (Federation) --- Rossii︠a︡ (Federation) --- Российская Федерация --- Rossiĭskai︠a︡ Federat︠s︡ii︠a︡ --- Російська Федерація --- Rosiĭsʹka Federat︠s︡ii︠a︡ --- Federazione della Russia --- Russische Föderation --- RF --- Federation of Russia --- Urysye Federat︠s︡ie --- Правительство России --- Pravitelʹstvo Rossii --- Правительство Российской Федерации --- Pravitelʹstvo Rossiĭskoĭ Federat︠s︡ii --- Правительство РФ --- Pravitelʹstvo RF --- Rosja (Federation) --- O-lo-ssu (Federation) --- Roshia Renpō --- Federazione russa --- OKhU --- Orosyn Kholboony Uls --- Russian S.F.S.R. --- Politics and government --- Eluosi (Federation) --- 俄罗斯 (Federation) --- Economic order --- Putin, Vladimir --- Russia --- RF (Russian Federation) --- Россия (Federation)