Vladimir Putin is making the same miscalculation that doomed Jefferson Davis’s Confederacy a century and a half ago. The West can learn from it.
In 1860, the American South was the world’s largest producer of cotton, the essential raw material in textiles, the largest manufacturing industry. The Confederacy nourished a delusion that its vast cotton plantations would neutralize potential military threats. Today, Putin has counted on Russia’s energy supplies to minimize the West’s response to his invasion of the Ukraine.