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Reason
Reason
Politics
Eric Boehm

EXPLAINED: Russia is getting canceled | Vintage Vibes

Russia is getting deplatformed from the world. The war in Ukraine is in many ways a traditional military clash involving tanks, missiles, diplomats, and supply lines. But nonstate actors have started taking sides—well, taking one side—in ways that the world hasn't seen before, with private sector businesses and international organizations responding to Russia's attack on its neighbor by cutting ties with Moscow, and in some cases sacrificing huge sums of money. Combined with the sanctions imposed by the United States and Europe (and perhaps motivated by them too), this mass exodus of foreign capital is demonstrating how the market can punish even powerful states for dangerous and unjustified behavior.

Shell, General Motors, BP, and other major firms have announced plans to leave Russia. FedEx and Germany-based shipping firm DHL are suspending deliveries to Russia, and Denmark-based Maersk, the world's largest container shipping company, says it is considering suspending all shipments to Russia.

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