Nuclear Issues

Human well-being rests on a foundation of three pillars: economic conditions and processes; sociopolitical conditions and processes; and environmental conditions and processes. Arguments about which pillar is “the most important” are misguided. All three pillars are indispensable.

It has been over a month since Platon Lebedev, a key figure in Russia's most valuable company and biggest oil producer Yukos, was abruptly and publicly arrested. And while the initial shock has worn off, the implications of what is seen by most as a Kremlin attack on one of Russia's most successful oligarchs remain serious

For Americans watching the deepening economic crisis in Russia, the most important question is why it matters to us. Given modest levels of U.S. investment and trade and muffled impacts on American markets, Russia's crisis would be important, but no more so than earlier crises in Korea and Indonesia.

But Russia is not Indonesia. The reason why Russia's meltdown matters for Americans is much more specific and potentially catastrophic. As an economic crisis accelerates the disintegration of authority in Russia, history has left a superpower arsenal.