Russian Sanctions and Soviet Ghosts
Here’s the significance in my view. During early Détente, the Soviet side had the objective of leveraging better relations with the US to improve the Soviet economy. Brezhnev personally valued this outcome as a way to have both guns and butter. There were Soviet internal political drivers at work too in that Brezhnev was using Detente and the material rewards that would flow from it, to elbow aside Kosygin and Podgorny in the politburo and become the de facto leader of the USSR. And Nixon and Kissinger obliged, having the theory that a combination of trade, aid, American credibility, linkage, arms control, the China card and such could tame the Soviet bear and split the Soviet bloc while easing US problems in Vietnam. So in this time period you had incongruities like the rabidly anti-Communist Bill Casey, then Nixon’s head of the Import-Export Bank, defending credits, loans and various deals with Communist countries in Congressional testimony.
Well, Congressional Democrats led by Senator Henry “Scoop” Jackson began putting sticks in the spokes of Nixon’s wheel, culminating in Jackson-Vanik in 1974. The Soviets reacted with rage out of all proportion to the actual value of the US-Soviet trade at the time, protesting this law was a violation of Soviet sovereignty; more to the point, Jackson-Vanik terminated the prospect of any future spigots of American cash that Brezhnev intended to use to increase consumer goods or reform moribund Soviet agriculture. Furthermore, it wounded Soviet prestige by essentially denying the equality between the Superpowers that Brezhnev and company were fairly desperate to trumpet on the world stage.
While there was an effort to sustain Detente through the Ford administration it was winding down and it collapsed entirely under President Carter as Soviet foreign policy became increasingly aggressive and adventurous in the Third World. The Soviets saw Jackson-Vanik as a turning point in relations with America and complained bitterly about the law ever after. In retrospect, you could trace the American pressure that nudged the USSR toward collapse in 1991 back to Jackson-Vanik; and whether Russian nationalists see the law as part of the vast Western conspiracy to destroy the Soviet Union or not ( many would) it is certainly seen as an example of our hostility. These events were part of Vladimir Putin’s formative experience in acquiring his chekist-siloviki worldview when he was a law student already in the KGB recruit track.
So given the vulnerability of the export based, relatively small Russian economy their reaction today strikes me as bluster and empty bravado. They really can’t win a serious economic confrontation with the West ( which these sanctions are not) and they know it. There’s some panicky, sky is falling, undercurrents here. The danger is that Putin’s regime if handled poorly may attempt to compensate, as did Brezhnev’s USSR, with small, foreign adventures. Russia can’t really afford this either – not sustained combat operations over months against a new semi serious conventional opponent, but subversion, terrorism and little green men paramilitaries are cheap
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