Paul Goble
Staunton, Oct. 7 – Until the start of the 20th century, the use of military force to build empires was a cost-effective strategy, Vladislav Inozemtsev says, because relatively few troops had to be used to gain the bases of wealth, the occupied lacked the ability to resist, and technology flowed from the military to society rather than the other way around.
Most leaders around the world have recognized this new reality and avoided trying to build empires by military means alone, the Russian economist says; but one who hasn’t is Vladimir Putin and his war in Ukraine is likely to lead to the downfall of precisely what he hopes to build (novayagazeta.ru/articles/2026/10/07/krest-zavoevatelia).
For most of human history, using armies to conquer land and the natural resources on it, the two key elements of national wealth and power, made sense. Armies were small, losses were restricted in number, and those so occupied were less able to resist because they lacked the resources to do so with confidence, Inozemtsev says.
But over the course of the last century, each of these elements has changed beyond recognition. Land and the natural resources in it are no longer the most important bases of national wealth and power. Military actions entail far larger losses, and those against whom they are directed can use means others call terrorist to resist, Inozemtsev continues.
By the end of the 20th century, it had become clear to most that wars of conquest to build empires represented “a cross of the conqueror,” in which “the willingness of peripheral peoples to resist had increased the price of war … and the decline in the comparable values of resources [like land] relative to production and innovation had reduced” the returns on such actions.
In short, the Russian economist and commentator says, “by the end of the 20th century, at least for those who know how to understand history, war had ceased to be an instrument for effective political and economic expansion.” Instead, it put those who launched such military actions at risk of losing the powers their countries had before they started these wars.
Another change, one seldom attended to, exacerbated the consequences of “the cross of the conqueror” in the 21st century, Inozemtsev says. ”It concerns the role of war in economic development and technological progress of countries at war or those potentially involved in such conflicts.”
As war become more technologically advanced in the course of the last century, governments made most of their investments in technology in the military sector and counted on those investments to “spin off” into the civilian sector. But over time, government spending on such investments declined and the private sector increased investments.
Consequently, in the most recent conflicts, governments have been forced to acquire the technology they need from private sector firms, making the vitality of such firms critical to the success of any military effort. Western countries have such a private sector advantage; Russia quite obviously doesn’t.
What that means for Russia in its war with Ukraine is this: Putin has launched a war on the basis of an out of date understanding not only of the ability of states to build empires now by military means alone but after having completely failed to understand both Ukraine’s remarkable resilience and Russia’s lack of a vigorous private technological center to support its army.
Putin’s prospects to achieving his goals are close to zero over the longer term, however many temporary and partial victories he may appear to be winning.