Expert: Rejection of comprador model will make sanctions senseless

01.03.2022, Moscow.

We remain susceptible to sanctions as long as we keep the comprador model of economy, Editor-in-Chief of the Economist journal, professor of the Moscow State University Sergey Gubanov said in a commentary for the Rossa Primavera News Agency.

Sanctions target our susceptibilities. There would not have been any sanctions if we had had no susceptibilities. They would have been senseless,” the economist indicated.

In order to overcome the current situation, and especially to make a bound forward, according to Gubanov, we have to really comprehend the situation. We should avoid superficial judgment, and we should not only use counter-sanctions.

“Our goal today is to make sanctions senseless. The only way to make them senseless is a new industrialization <…> requiring a first-class non-comprador economy,” the expert believes.

“Sanctions take advantage of the backwardness of our economy and its comprador nature,” the economist stressed.

Russia can neutralize sanctions, the expert believes, through a transformation from the protection of comprador interests to the protection of the interest of the nation and the state. “This is the weapon the organizers of the sanctions have nothing to counter with,” he stressed.

We have our glorious past marked with outstanding achievements in economy, the economist reminded. “We have our Soviet heritage and our Soviet experience, we have not forgotten them yet,” and we can take the best and most relevant from it today to improve our country’s economy, the expert concluded.

Source: Rossa Primavera News Agency

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