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Why the global league of autocrats thrives

Business Standard LogoBusiness Standard5h ago

Why the global league of autocrats thrives - Business Standard

Quick Summary:

Modern autocrats and illiberal wannabes, “however varied their ideologies, do have a common enemy,” Applebaum writes.“That enemy is us.

Whereas the twilight struggle of the 20th century was waged between formal “blocs” of ideologically aligned allies, today’s autocrats are more diverse — a mix of self-described Marxists, illiberal demagogues, kleptocratic mafiosi, old-school tyrants and new-school theocrats.

More recently, shell companies in Delaware have purchased apartments in New York on behalf of oligarchs in Russia and China, while European and American accountants, real estate agents and lawyers have enjoyed hefty fees for secreting the ill-gotten wealth of the world’s kleptocrats.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-21 @ 22:00:28 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 943 words

Reading Time: 6 minutes read

Sentences: 37 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21712385

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 114 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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