The rope of the capitalist


           “The capitalists will sell us the rope with which we will hang them”, Lenin would have said. It is possible that the quotation is apocryphal, but the idea is there that deserves reflection in the light of the overall reaction to the invasion of Ukraine. Failing to retaliate with weapons, the countries outside the perimeter of the conflict have adopted an unprecedented set of sanctions, in an approach similar to a form of “whatever the cost”.

The scale and suddenness of the enterprise aimed at weakening the economy of an aggressor State is not only unprecedented but also Promethean, from the moment, for example, when we are targeting we are targeting energy flows of which Europe is heavily dependent on a scale of 1 to 10. 

But if sanctions regimes have not always been effective or justified in the long term and are not destined to become an ordinary means of managing international crises, they are essential in this case and can even have positive effects in the longer term, in terms of the search for a new energy mix, savings and independence (…) 


© Christian Pascal (

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