A military defeat would signal the end of the war and one way or another it would resolve the issue of the annexed territories. But the peace treaty itself would not mean that everything would return to the way it was before the war. The division between Russians and Ukrainians and between Russia and Europe is now vast, and no single government is going to be able to heal this rift in the short term. Even less a temporary government that doesn’t enjoy great legitimacy or sufficient reserves of time or trust. The inevitable economic and political crisis that will result from a military defeat and the dramatic collapse of the economy will leave the temporary government in a position whereby it will have to solve the many ongoing problems using all the resources at its disposal; or else it will simply collapse, leaving the way clear for radical nationalist groups and other populists. At the same time, the Ukrainian government will have to demand just as firmly the resources to rebuild their country; and there will be no obvious solution for them to choose how to do this. Unfortunately, yet totally justifiably, today we can say with certainty that all the assets that have been seized – some 300 billion dollars, including the foreign assets of Putin’s oligarchs – should go to repair the damage caused as a result of the war. But I shall be extremely surprised if this satisfies Ukraine. At the same time, the inhabitants of Tatarstan and the Russian Far East, of Voronezh and the Baikal Region, are hardly likely to vote for increasing their own impoverishment, and not that of Putin’s oligarchs.
Someone will say, “let’s discuss everything”. Okay. Firstly, though, you need time for discussion – and time is going to be in short supply. And secondly, discussing the issues doesn’t mean reaching agreement on them. Right now, we don’t know what the position of the other side will be. After everything that’s happened between Russia and Ukraine under Putin – and, more widely, between Russia and the West – there will not be a great desire on the other side to seek a compromise. It’s more likely that Russia will come up against very strong pressure. At least, this is what the experience of the 1990s tells us. No one proposed a “Marshall Plan” for Russia then, and it’s highly unlikely that anyone will suggest one now. This all leads to the idea that the restoration of justice, that may appear to be a logical step, will be of benefit to some, while others will regard it as a shock and an injustice.
Now let’s look at the second part of the question of rebuilding: the political one. Is this likely to be popular in Russian society, even in that section of society that is prepared to support the temporary government in its efforts to dismantle the Putin regime? Probably not. Especially if the humanitarian aspects of a swift and unconditional rebuilding become immediately obvious. It seems inevitable that this will lead to a sharp rise in discontent, something that the forces of reaction will quickly try to use to their advantage. If this is so, the temporary government won’t last more than a few months. Politics is the art of the possible. Extricating ourselves easily from Putin’s war with the West – acknowledging that we were wrong and trying to return everything to the way it was – will, most likely, not be possible.
Many of those who believe in simple solutions refer to the Peace of Brest-Litovsk, that the Bolsheviks signed with Germany when Russia withdrew from the First World War. They suggest that after the regime has been dismantled, Russia should conclude similar agreements with all those against whom Putin has been waging war. But the Peace of Brest-Litovsk is a bad example to choose. The Bolsheviks acted under conditions of an extreme