In 2021 the Zelenskyy declared a campaign to “de-oligarchize” his nation, having diagnosed Ukraine's political & economic crises as tracing back to the corruption by the morbidly rich.
Can little Ukraine teach big America how to deal with our oligarch problem?
Viktor Medvedchuk was the Rupert Murdoch of Ukraine. He ran a rightwing television network and owned TV stations across the country, while simultaneously being one of the richest men in that nation. He promoted hate and division, tax cuts for the rich and gutting the Ukrainian social safety net, and supported some of Ukraine’s most toxic politicians.
Like many of today’s American oligarchs, he owned hundreds of politicians, who consistently voted in Parliament, state, and local governments to protect his businesses, wealth, and influence.
Then came Volodymyr Zelenskyy, who successfully campaigned for president on a Teddy Roosevelt-like anti-corruption platform and, like both Teddy and Franklin Roosevelt, declared outright war on politically active oligarchs.