#227 Russia's Long History of Nationalizing Foreign Property

The Russian government recently made moves to nationalize the property of foreign owned firms that ceased operation in response to Russia's attack on Ukraine. Ben's research is all about the history of foreign investment in Russia/the Soviet Union, so he and Bob sit down for a discussion about the very severe consequences that nationalization has had for Russia in the past and how this decision may do damage that far outlast sanctions. For more on Singer Sewing Machines in Russia, check out Ben's article "Manufacturing Germans: Singer Manufacturing Company and American Capitalism in the Russian Imagination during World War I.: (Enterprise & Society, Vol. 17, No. 2 (June 2016) pp 301-323.) This episode was edited by Ben Sawyer.