The limits of western economic war with Russia and the failure of climate policy

In this long-read analytical article on the New Politics web site, I argue that the western powers’ economic war on Russia is limited, because capital values its fossil fuel exports & kleptocrats' dollars pouring into offshore zones. Western policy always aimed to integrate Russia into the world economy; only the Kremlin's imperial adventure this year forced a change. The invasion of Ukraine has aggravated rising prices, but the labour movement and social movements should reject "energy security" narratives being used to justify fossil fuel investments that trash climate policy. The roots of climate crisis and of war are entangled; responses by labour and social movements can be linked, too.