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The hacking of the 2016 US elections. The sponsorship of extremist politics in Europe. War in Ukraine. In recent years, Vladimir Putin’s Russia has waged a concerted campaign to expand its influence and undermine Western institutions. But how and why did all this come about and who has orchestrated it?
This rigorous and revelatory book explains how this happened, Putin’s rise to power, and how Russian black cash is subverting the world.
In Putin’s People, former Moscow correspondent and investigative journalist Catherine Belton tells the untold story of the rise of Vladimir Putin and the small group of KGB men surrounding him. Delving deep into the workings of Putin’s Kremlin, Belton accesses key inside players to reveal how Putin replaced the free-wheeling tycoons of the Yeltsin era with a new generation of loyal oligarchs, who in turn subverted their country’s economy and legal system and expanded its influence in the West.
The result is a chilling and revelatory expose of the KGB’s renaissance – a story that began long ago in the murk of the Soviet collapse when networks of operatives were able to siphon billions of dollars out of Russia and into the West. After Putin’s takeover of the economy, some of these networks acquired new flows of cash to realise their goals. Based on many years of research, Belton charts the relentless seizure of private companies and the installation of those closest to Putin into the richest, highest seats of power.
Ranging from Moscow to London, Switzerland and Trump’s America, and introducing a colourful cast of characters, Putin’s People is a gripping and terrifying account of how hopes for the new Russia went astray, with stark consequences for its inhabitants and, increasingly, the world.
642 pages, Kindle Edition
First published April 16, 2020
"I want to warn Americans. As a people, you are very naive about Russia and its intentions. You believe because the Soviet Union no longer exists, Russia now is your friend. It isn't, and I can show you how the SVR is trying to destroy the US even today and even more than the KGB did during the Cold War." - Sergei Tretyakov, former colonel in Russian Foreign Intelligence, the SVR
[A White Russian émigré] described the philosophy of Putin’s rule as being "like a knot with three elements. The first is autocracy - strong government, a strong man, a papa, an uncle, a boss. It is an autocratic regime. The second element is territory, the fatherland, love of country and so on. The third element is the Church. ... It does not matter whether this is the Church or this is the Communist Party. If you look at the history of Russia, you always had these elements put together."
Putin’s Kremlin had taken over the media and eradicated all political competition. ... in what one analyst, Masha Lipman, later called the Russians' "Non-Participation Pact," they were content to let the Kremlin monopolize political and economic decision-making, as long as it didn't intrude into their own lives. ... It was, Lipman wrote, "the perennial Russian order - the dominant state and a powerless, fragmented society."
They didn't particularly care about the economic well-being of their country's people, as long as the economy was secure enough to allow them to hold on to power - and to project power globally.
The system Putin’s men created was a hybrid KGB capitalism that sought to accumulate cash to buy off and corrupt officials in the West, whose politicians, complacent after the end of the Cold War, had long forgotten about the Soviet tactics of the not too distant past.
The KGB playbook of the Cold War era, when the Soviet Union deployed ‘active measures’ to sow division and discord in the West, to fund allied political parties and undermine its ‘imperial’ foe, has now been fully reactivated. What’s different now is that these tactics are funded by a much deeper well of cash, by a Kremlin that has become adept in the ways of the markets and has sunk its tentacles deep into the institutions of the West.
Western markets embraced the new wealth coming from Russia, and paid little heed to the criminal and KGB forces behind it.