What in the hell is Vladimir Putin up to? It's perhaps one of the most important and salient questions of 2014. Russia-watchers and Russians have spent much of the year debating what's behind Putin's adventurism in Ukraine, his meddling in eastern Europe's Baltic states, his support for anti-American dictators like Syria's Bashar al-Assad and North Korea's Kim Jong Un, and the headaches he is generally causing Western leaders.
Mark Galeotti, a professor at New York University who studies Russia, suggested an answer: Putin is remaking Russia from a former world power into a geopolitical racketeer. Galeotti is not the first person to suggest this theory, which is gaining traction even among Russia experts who tend to be more sympathetic to Moscow, but he put it awfully succinctly in a great interview with the Swiss-based International Relations and Security Network.
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