bluemason3 said:It’s because achieving that requires actual competition and the kind of meritocracy you only find in an open market.
Oligarchic oil capitalism doesn't care about progress. Why bother when you can just kiss the right leaders' feet, grab a seat at a state-owned firm, and spend your days lounging by a pool on a yacht without ever having to innovate?
Honestly, South Korea probably wouldn't have turned out any differently if they had oil. Japan is a different story entirely—given their history with occupation, they might have managed to pivot toward democracy even if they had plenty of energy resources. SK was a brutal dictatorship, too, but they didn't have any choice but to grow through tech and industry.
Russia went from a communist dictatorship straight into a petro-monarchy. I'm oversimplifying, but they skipped the serious development phase because the educated class basically fled, leaving them stuck.
That all holds water, sure, but there’s another motive fueling their expansionist politics: the desperate desire for Russia to maintain its superpower status. It's embarrassing for them—the largest country on Earth by surface area, loaded with resources, yet unable to stand toe-to-toe with the USA, falling further behind every single day.
In fact, as time goes on, maintaining that "superpower" label becomes less about how many tanks you have and more about economic sophistication.