Wednesday, March 9, 2022

Maybe think again about sanctions

They rarely, if ever, "work."
The current invasion is raising a dilemma for progressives in the U.S. who are sympathetic to the plight of the people of Ukraine, who believe that the invasion is abhorrent and unacceptable, and who want to stop Russia’s actions, but who question the notion that the U.S. can intervene in a way that is ultimately good and not harmful.

In particular, we are faced with the question of whether to support economic sanctions against Russia. Those of us who are grappling with the question are right to be skeptical...

Of course, those who have the fewest resources to survive in Russia — not the most powerful — will be hurt the most.

This was entirely predictable. As London-based financier and campaigner against Putin’s government Bill Browder told NPR about blocking Russia from SWIFT, “This is what was done against Iran. And it basically knocks them — any country that’s disconnected — back to the Dark Ages economically.” - Truthout

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