If global oligarchy ‘business as usual ’ survives the Ukraine war, the rest of us will end up big losers.
While other EU countries have been increasing transparency and cracking down on kleptocratic capital, the U.S. is a laggard.
But it is not just Russian oligarchs that have been increasingly abusing charity for financial or political gain; U.S. oligarchs do it too.
The power of sports to legitimize a regime means they have the power to delegitimize one, too.
Media Availability: Wealth Inequality Expert Speaking at SXSW About How Russian Oligarchs Hide Their Wealth in U.S. Tax Havens
Thanks to tax havens and tax loopholes, Russian oligarchs and other multi-millionaires and billionaires have succeeded in hiding massive amounts of wealth in the U.S.