1. A surprising departure from the rules and norms - I assume probably illegal.
2. Part of a campaign designed to ruin Russia.
You might have misunderstood the argument the anti-taxers (pro-property?) people are bringing up. There isn't a physical problem with taking wealth away from people, that part is very easy to execute. The problem is the 2nd order effects where it will turn into an unfair confiscation and do substantial damage to the ability of the host country to invest and prosper, bringing general ruin to us all. The fact that wealth confiscation is being deployed against Russians is no surprise from that perspective and not undermining the core argument.
However, if it makes you feel better, I do agree that given that the War on Terror was pointed inwards fairly quickly I expect the techniques used in the War on Russia's Economy will also move to US home soil in the next decade and there may well be large scale wealth confiscation in the US.
>There isn't a physical problem with taking wealth away from people, that part is very easy to execute. The problem is the 2nd order effects where it will turn into an unfair confiscation and do substantial damage to the ability of the host country to invest and prosper, bringing general ruin to us all.
But this does not apply to us when we seize Russian assets? By your very logic if seizing wealth is so problematic, well we just seized a whole lot of wealth. I don't think this example actually works here.
We want to damage ourselves by sanctioning others? You said that taking others wealth makes people lose trust in you and therefore hurts yourself. So I don't see why we would do that on purpose.
I think you're confusing me with someone else. I didn't say anything about trust.
But, I suspect the other guy was referring to trusting in economic stability. I don't think there's any reason why sanctions against bad actors like Russia might undermine trust in American investments.
I dunno. I'm not a lawyer. Possibly one of the ones against piracy?
If you want to make the argument that it is literal and raw might-makes-right on the high seas, ok. But that type of barbarian world is not one I encourage and it'd be a bit stunning to find someone who wants the world to work that way.
The US wouldn't do well in a world like that either, US citizens have more assets to seize than foreigners do.
Has stealing random stuff from Russians helped? I'm not a maritime lawyer or an expert on how war in the 2020s looks, but I don't think Russia was sailing troops into the Ukraine on billionaire pleasure yachts.
There is a pretty good chance this is just making people feel bad and making it harder to normalise the situation. This is action is literally not helping, and is a breach of good norms against stealing. It means the Russian billionaires will be forced to spend more of their money in Russia and have a great reason to bear a grudge against the more Western powers.
> It means the Russian billionaires will be forced to spend more of their money in Russia and have a great reason to bear a grudge against the more Western powers.
Any Russian billionaires that don't realize that this is more of Putin's incompetence than western antagonism deserve a random punitive gesture.
In reality the majority of them will see this as a great reason to bear a grudge against Putin.
I'm still not following. How do you think this has helped the situation? What do you expect to happen differently in the future that will be to our benefit?
Maybe I've missed out on some life experiences, but I've never seen petty theft help defuse a tense situation. It is not going to be beneficial to achieving a sane outcome.
> In reality the majority of them will see this as a great reason to bear a grudge against Putin.
This is wishful thinking. All of the thievery was done by NATO - there is a very high chance that they will identify NATO as the threat to them.
And if they do blame Putin (which I think is unlikely, groups tend to close ranks when threatened) how is that supposed to help? What are the billionaires supposed to do that the Ukraine military or US State Department can't do? Billionaires aren't that big compared to a government military.
Why would you expect your day to day interactions to act as framework for how members of a warring nation displacing millions and killing innocents under the guise of "nazi hunting" should react to things?
Putin may have them under his thumb, but that doesn't mean they should be left to their comfort rather than forced to face the direct consequences of Putin's actions.
1. You're linking the Washington Post. Do you want me to go find an article on RT that says the Oligarchs are united against the US? That is a long article claiming to know things that they can't and don't know and is political propaganda to help push this terrifying US proxy war.
2. What do you expect to happen here? How do you think these thefts have helped the situation? Even if you want to argue that these people now hate Putin, they are powerless. The west just stripped them of all their assets.
1. A surprising departure from the rules and norms - I assume probably illegal.
2. Part of a campaign designed to ruin Russia.
You might have misunderstood the argument the anti-taxers (pro-property?) people are bringing up. There isn't a physical problem with taking wealth away from people, that part is very easy to execute. The problem is the 2nd order effects where it will turn into an unfair confiscation and do substantial damage to the ability of the host country to invest and prosper, bringing general ruin to us all. The fact that wealth confiscation is being deployed against Russians is no surprise from that perspective and not undermining the core argument.
However, if it makes you feel better, I do agree that given that the War on Terror was pointed inwards fairly quickly I expect the techniques used in the War on Russia's Economy will also move to US home soil in the next decade and there may well be large scale wealth confiscation in the US.