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Kremlin revives Soviet-style youth indoctrination as it eyes ‘forever war’ with Ukraine and the West
(www.themoscowtimes.com)
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this post was submitted on 14 Sep 2024
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Because they'll make a fortune from the next guy too. But they won't see their entire labor pool decimated.
They don't care about "the labor pool".
Only when it cuts into their profits.
What would cut into their profits?? Have you never seen how authoritarian regimes work? Do you think North Korea officials want to revolt because of their starving labor pool?
Not a lot of North Korean billionaires living it up in the West though. To extract that level of wealth you need a better class of worker.
You keep saying that but it's not necessary to keep power as evidenced by... History.
History says that it is. There have opuoentoy wealthy people into Antiquity. But supporting the number of opuoentoy wealthy that modern Russia has requires an organized economy. You can't have 1,000 Billionaires in an 500B sized economy.
And yet he remains in power with no sign of that changing.
Some signs. But who knows if it's just chatter or real talk.
Western sanctions. Seizure of said profits. Inability to spend any of it on things they want. Devaluation of the ruble. Shrinking Russian economy.
These may not affect the very top that much. At least not for a while. But there are a lot of middle managers that got used to the good things in life.
Industry requires labor. And an extract based wealth generation scheme requires a large amount of unskilled and semi-skilled labor along with a relatively small amount of highly skilled specialists to operate.
It's in your interest for the unskilled and semi-skilled labor to be as vast as possible to keep costs down.