Agreed - that is the point. To hurt ordinary people so that they care (not said lightly). Sanctions are designed to punish a whole country.
While messed up, you can't just affect/punish the leadership. If you could we would already be doing that. The way to hurt the leaders is to hurt the ordinary people such that they vote, rise up, etc against the governmental actions.
Russia's ruble has dropped up to 40%+ because of the sanctions and the people are pulling their money in droves. This puts huge pressure on Putin to rethink what he's doing by making it incredibly expensive to wage this war.
40,000+ people died in Venezuela because of sanctions.
[0]: https://cepr.net/press-release/report-finds-us-sanctions-on-...
Before the sanctions, (that started in 2015), we had already huge economical problems (and problems of kinds), mainly due the goverment focusing on making one of the greatest corruption acts of all times [1] and focusing on systematically making the venezuelan population poorer, sicker, hungrier and dependant, in order to keep the power and keep stealing money.
The thing is, sanctions did absolutelly NOTHING in favour of venezuelans citizens and their freedom, in fact, they made it easier for the Venezuelan totalitarian regime to justificate their acts (forcing hunger, violating human rights [2], etc) and made it stronger in a way that since our country got alienated, we got more support from other totalirian regimes such as China and Rusia.
So hurting the ordinary people, as that post say, was just putting an extra nail to the coffin of every venezuelan that died of hunger and sickness.. Was just encouraging more people to fight for freedoom with rocks vs guns and died or got detained [3] [4]...
All for nothing, and 6 years later, over 300billions usd stolen later, 2.000.000% hyperinflation later, 7.000.000 venezuelans gone later, over 400 people killed in protest later, over 5,000 political detentions later, the govt is still there and... blocking venezuelans from using stripe, transferwise, etc, is going to help us haha ..
[1] https://en.wikipedia.org/wiki/Corruption_in_Venezuela
[2] https://en.wikipedia.org/wiki/Human_rights_in_Venezuela
[3] https://en.wikipedia.org/wiki/Venezuelan_protests_(2014%E2%8...
You born after that so did I. Is like saying that the world is better place now because Napoleon invaded Europe. Well, you won't know what would be if he didn't so your argument has no logic (and, in addition you have no idea how life was during that time)
The breakup was unquestionably a good thing for humanity.
Instead of trying to use some vague "you haven't lived it!" argument, it would be nice if you could provide an example of someone directly killed by sanctions.
Would you agree? If you do, then sanctions directly kill people.
If your children or siblings or parents had to die for you to live, would you choose that?
You're arguing that we should do nothing and let Putin go on his rampage unopposed, as if that will result in less death. To say that I disagree with you would be pretty redundant at this point, and you're not making good faith arguments, so I'm out.
The gain I mentioned was that you and your loved ones live. You and your loved ones get to enjoy a longer life with the price of other peoples loved ones dying from sanctions. You believe that's the best way forward.
Believe it or not, the Russian soldiers that invaded Ukraine weren't shooting paintball guns.
They're designed to cause regime change, or at least diplomatic changes. That has failed in Venezuela's case (and Cuba's, and North Korea's, and Iran's, and so on).
What's funny (actually, it's very sad) is that any sanctions strong enough to truly harm Russia would destroy the stability of the world's financial system by triggering a global liquidity crisis; we would see a repeat of 2008 (likely worse due to some factors having changed since then). Be careful what you wish for, as those who virtue signal naively today, thinking it'll only affect citizens in faraway lands, may themselves face frozen ATMs, credit cards, and bank transfers in a few months, if the worst-case (i.e. their dream scenario) occurs.
You'd need to back this up with some real evidence for it to be convincing.
As it stands right now the freezing of Russian reserves is in effect and international markets are essentially untouched, what are these additional sanctions you are referring to?
I am not an expert in this area but is seems to me that if Russia disappeared from the financial system, with an annual GDP of 1.4 trillion, nobody would really notice after the initial write-downs. It is one tenth of China, and has been chasing away FDI for over a decade - thus reducing its international impact. But I am open to explanations as to why this is a big deal, let me know!
The population is either brainwashed or brutally repressed when it complains (particularly eliminating leaders).
It’s hard to make a case for sanctions as the solution as there are plenty of counter examples: Cuba has been heavily sanctioned for over half a century and little has changed no matter how dire the situation gets.
I wish they worked for sure, because what other resources you have against a nuclear power?
Edit to add: also, sanctions have exceptions (usually to shielding the sanctioning countries from suffering consequences, as in this case with Russia and the energy related transactions, with the effect of keep that money flowing for Russia).
And these tyrants workaround the sanctions in many cases with the help of other nations.
> The population is either brainwashed or brutally repressed when it complains (particularly eliminating leaders).
> It’s hard to make a case for sanctions as the solution as there are plenty of counter examples: Cuba has been heavily sanctioned for over half a century and little has changed no matter how dire the situation gets.
> I wish they worked for sure, because what other resources you have against a nuclear power?
> Edit to add: also, sanctions have exceptions (usually to shielding the sanctioning countries from suffering consequences, as in this case with Russia and the energy related transactions, with the effect of keep that money flowing for Russia).
> And these tyrants workaround the sanctions in many cases with the help of other nations.
That didn't answer their question at all.
Cuba has changed quite a bit in the last half century, I would look into it if I were you, most resorts in the country are Cuba-FDI joint ventures - it is complicated but sanctions where most of the world actually disagrees with you are a lot more difficult than this situation.
In this particular case it seems that the work-arounds are not generally available. The Russian government was not prepared to have their own reserves frozen.
If I had employees in a city being bombed out, I'd probably stop doing business with/within the entity doing the bombing, too.
It's not a PR move. If my arm is being injured, I move to protect it. I'm sure you would, too.
Stop doing business with Russians who have no power over Putin is not really "mov[ing] to protect" an injured arm. It's more like an angry wail. Which, fair enough. It's a perfectly understandable desire. I'd probably feel the same way if I were a Namecheap employee in Ukraine. But it doesn't really do anything to protect Ukraine's interests.
That’s about as cut and dried as it gets.
I think people on this board get very much caught up in the business aspect and fail to see the human side that is driving these actions.
That's no excuse to do stupid shit.
I, for one, will be moving my own personal domain to Namecheap at next renewal. This is a political issue, and I am on the side of sanctioning the invader.
Putin and friends are doing just fine under sanctions. They expected sanctions for a long time.
This effectively does nothing except make the lives of the non invaders harder.
If you actually want to help Ukraine pick up a gun and go fight.
Yes, economic sanctions have limited potential to actually topple a totalitarian leadership. With Russia, the concern goes deeper. This country is armed to the teeth and poses a massive threat to Europe. Hence, the point of these sanctions is very much to also weaken the Russian economy and curb its capacity to finance more wars.
The problem is that many of those who use namecheap are already against the regime because they know English, have access to another point of view on actions taken by the regime in Ukraine.
Fucking them up may turn some of them back to the regime because current narrative of the propaganda is "West companies do not care about you and they will do everything in their power to screw you".
People don’t protest when they’re struggling to make ends meet and civil institutions are weakened.
The only effect of the inhumane economic sanctions has been tightening the ruling class’s grip. They did not work in Iran, Iraq, Venezuela, not even Syria. They have however caused enormous human suffering.
That said, I think you’re very wrong about this: “ People don’t protest when they’re struggling to make ends meet and civil institutions are weakened.”
I believe most revolutions are a result of “struggling to make ends meet”.
e.g. First example I could think of extreme struggle leading to revolution https://en.m.wikipedia.org/wiki/French_Revolution, another more relevant example where extreme struggle led to revolution https://en.m.wikipedia.org/wiki/Russian_Revolution, and history has a lot more (the US from the UK, India from the UK, the UK from the UK - i.e. the Magna Carta). Meanwhile, sadly history has almost zero revolutions where the population wasn’t suffering.
I’ll say again tho. This is me pointing out examples from history. I don’t like or enjoy that the world works the way it works.
Putin is with a democratic party. Do you know how big it is? It's more than half the country.
Now, waking up in this context means civil war.
Killing people is better than inconveniencing regular folks?
Even if you were of that opinion and if namecheap ceo were to do that, it would most likely have less of an effect than what he just did.
She was opposing Putin's power with everything at her disposal. So 'sanctioning the invader' will kill her.
Sanctioning namecheap users will not hurt Putin at the slightest. It will hurt people who are opposing him, so instead of protesting Putin - and IT people are the most of protesting group of Russians - they'll have to worry about their projects and having food. Good job, namecheap and their supporters.
I won't be trusting namecheap ever again after this. Also, targeting groups of people by their nationality, without individual guilt is something that fascists do.
The russians who are using nc's services are mainly the ones who are protesting actively and who are concerned about their privacy for this reason.
Quite often NC is (was?) used to host email domains and such. This decision hurts people who are already anti-war and anti-government. Most of Putins supporters never even heard about Namecheap.
On the other hand, sanctions are believed to work -- at least in the long term -- precisely because of this effect. The (usually unspoken) theory is that eventually the people won't be able to bear the impact on their day-to-day lives and will rise up and overthrow their leadership. Hopefully Venezuelans, like Russians, will eventually do just this.
I will be moving my domains to epik.com
Any recommendations anybody?
this kind of stuff from private companies are useless, and downvote me all you want, they do not work, and dont come to lecture me from your SF desk while im living in a sanctioned country, how did the 2017-2019 sactions for Venezuela worked? Everyone in the world moved on and even forgot about our country, and the comunist regime is more alive than ever, all the sactions just fucked the regular people like me, for example my gf is still explaining after 2 years to those idiots at transferwise support that her money sitting on their super awesome "no borders account" has nothing to do with the venezuelan govt and that it's from her US based remote job but they just decided to steal over 22k USD from her solely based on her citizenship. Or should I tell you how stripe completely killed my friend's startup by suspending their accout because they had venezuelans IPs and venezuelan citizenship and aparently they aren't able to check that they (normal citizens) arent the people on the OFAC list, (like 5 names LOL)
So yeah, dont mind me, get your likes, get all the nice advertisiment you want while prettending you are helping and is nothing more than a PR move while messing with normal people with normal lives, struggling everyday but you won't get me as a customer anymore, we are all suppose to be professionals at our tech jobs.