Essays & Op-Eds

What the Broligarchs Want From Trump

With the broligarchs–billionaire men from the high-tech and finance industries–granted sweeping powers over the federal government, what happens now? This article reviews what they’ve been up to & how their bizarre political agenda stems from comic books & sci-fi.

Keywords: broligarchs, federal government, Trump, comic books, sci-fi, anti-democratic

The American Con Man Who Pioneered Offshore Finance

How a now-obscure financier turned the Bahamas into a tax haven—and created a cornerstone of global plutocracy.

Keywords: Bahamas, offshore finance, colonialism, Wallace Groves

The Broligarchs Are Trying to Have Their Way

The antidemocratic politics of having it all, from the perspective of the ultra-rich seeking to influence the 2024 US Presidential election.

Keywords: 2024 election, Kamala Harris, Donald Trump, broligarch

Mob Justice

What do plutocrats and Supreme Court members get from being friends?

Keywords: elites, Supreme Court, corruption, mafia

Break the Chain Between Russian Oligarchs and Managers, and You Break Everything

How can we make sanctions on Russian oligarchs stick for a change? Sanction their wealth managers, severing the oligarchs’ connection to their offshore fortunes.

Keywords: oligarchs, elites, sanctions, wealth managers, Russia, offshore finance

Sanctioning Russia’s Oligarchs—with Shame

This article examines stigmatization of rogue elites as a powerful tool of international sanctions regimes—one often overlooked or minimized by policy-makers, but with a strong track record of effectiveness.

Keywords: oligarchs, elites, sanctions, Russia, stigma, Goffman

The Power of Stigma: Shaming Russian Elites Has Helped Weaken Putin

While many Western commentators have been skeptical about the individual sanctions imposed on Russian oligarchs following the 2022 invasion of Ukraine, we show that pariah status is a powerful motivator in international relations. We examine how this has weakened elite support for Putin.

Keywords: oligarchs, elites, sanctions, Russia, stigma

The Secret World of Offshore Banking Is Proving It Can Stand Up to Kleptocrats

Russia’s 2022 invasion of Ukraine produced an unexpected side effect: leading nations in the offshore financial system became willing to do the impossible by tearing down their own wall of secrecy. They can do it again.

Keywords: offshore finance, elites, Russia

Sanctions on Russia Are a Reminder that Shame Works on Oligarchs

Stigmatization of Russian oligarchs involved in the 2022 invasion of Ukraine provoked more behavioral change in those elites than years of legal sanctions. When the oligarchs, and Putin himself, publicly and repeatedly say they care about their newfound pariah status, we should believe them—and make more use of stigma to achieve policy aims.

Keywords: oligarchs, stigma, elites

The Russian Elite Can’t Stand the Sanctions

Sanctions skeptics miss the powerful impact of stigma on elites: respect and inclusion have been the lifeblood of Russian oligarchs’ successful political influence operations in the West; stigmatizing them through exclusion and shame strips them of much of their malign power.

Keywords: oligarchs, sanctions, stigma, Russia

When Reputation Matters, Leaks Like the Pandora Papers Can Be Very Effective

The Pandora Papers leak of offshore financial data doesn’t just expose the “lifestyles of the rich and famous:” it’s a damning indictment of corruption at the highest levels of government and corporate leadership worldwide. But there is reason for hope in the rise of offshore whistleblowers.

Keywords: Pandora Papers, offshore finance, elites

Offshore Accounts Aren’t for Evading Taxes. They’re for Evading Laws Altogether.

For the wealthiest people in the world, offshore finance provides a way to escape the rule of law—not just taxes, but any laws they find inconvenient. This is why the Pandora Papers includes so many cases of shell companies, trusts and foundations that are not being used for tax avoidance.

Keywords: offshore, Pandora Papers, elites, impunity