Alexander Etkind (University of Cambridge)
The Oil Curse, Double Monopoly, and the Future of New Wars
Using post-Soviet
Russia as a case study, I will speculate on the political and human
consequences of the economic dependency on natural resources. Relying on the
distinction made by Douglass North, et al. (2009) between two “social orders”
(“the natural state” and “the open access state”) I argue that the “oil curse”
has produced not only financial but also cultural, metaphysical and
potentially, legal differences between the elite and the main body of the
populus (some pro-Kremlin intellectuals in Russia are calling for the
restoration of the estate society). I argue that a big part of (neo)liberal
theories, principles, and values cannot be credibly applied to these cursed
societies. While “blessed” societies rely on human capital and therefore,
develop fair taxation, open-access education, and a meritocratic elite,
“resource-cursed” societies are doomed to remain “closed” or “natural”. The
population and its labor, which is the only source of wealth in “blessed”
societies”, become largely superfluous in “cursed” societies. Since wealth and
taxation in this society come from mines or wells and are separate from human
capital, political economies of trust, education, welfare, and social security
do not work here. In Russia, we observe the development of a double monopoly,
which captures two key elements of the economy, natural resources and security
services, and uses their synergies to develop unlimited control over the
nation. This double monopoly realizes Carl Shmitt’s dictum, “The protego
ergo obligo is the cogito ergo sum of the state”, and works like a Mobius strip. Rather than producing
wealth, the population becomes a burden of the state and its charity. In this
talk, I will discuss the wars that this double monopoly can afford without
overstretching its Mobius quality. I will also discuss the sources of social
solidarity in a “resources-cursed” society, which by its nature tends to be, I
argue, religious and collectivist.
