"I think the idea people had after 1991 that there would be a quick transition is clearly wrong... A lot of it has to do with relationships with economic growth because I think in really high-growth countries with a large middle class, with lots of educated people, there is a tendency to demand greater political participation... I think what you are seeing with the rise of Putinism in Russia and in parts of Eastern Europe is in a way the failure of that kind of modernization to produce a really broad middle-class society... His model is based on a narrow energy-dependent economic model which right now is falling apart... I think what is happening in Russia right now as global commodity prices have fallen is the exposure of the hollowness of this and we will see after another decade of economic failure whether Russians really think this is such a great alternative to the kind of both freedom and prosperity that is seen in Western Europe."
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Putinism
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