How did Putin co-opt Russia’s political and economic elites, ensuring no more than fitful resistance to the regime’s war on Ukraine?

When Moscow launched its full-scale invasion of Ukraine, the West slapped crushing sanctions on Russia. Many expected the country’s elite—prominent liberals and global businessmen—to defend their assets and cosmopolitan lifestyles by forcing Putin to stop the war. Instead, liberal-minded officials rewired the economy for war; corporations obeyed new rules; and only a handful resigned or spoke out. Why?

Built on dozens of candid conversations with top Russian officials and businessmen since the mid-2010s, this book dissects their moral reasoning, and how their boundaries of ethical acceptability expanded over time, in line with the expectations of their superiors. Though the Russian upper class retained formal attributes of power, in reality it lost its agency, essentially becoming a mere instrument of governance.

Alexandra Prokopenko illuminates the war’s pivotal moments: Western sanctions, mass mobilisation, the annexation of four Ukrainian regions, and Yevgeny Prigozhin’s aborted mutiny in 2023. She traces meticulously how competing factions, from technocrats to hawks, rationalised each shock and recalibrated their loyalties. And she sets this process within an inside history of Putin’s regime, analysing the transformation of mindset at individual and sociological levels. These people will continue influencing global politics; we must understand how they think and act.

• Draws on dozens of candid interviews with top Russian officials and business people since the mid-2010s.
• Considers the war’s pivotal moments within the context of wider Russian history
• Uniquely placed to write this book, the author was an advisor at Russia’s Central Bank prior to the invasion of Ukraine and is now a senior fellow at the Carnegie Russia Eurasia Center in Berlin