Becoming a Russian Oligarch After Rebirth
Chapter 798: Left or Right_1

Chapter 798: Chapter 798: Left or Right_1

"Speaker Oleg, is your faction... encountering any problems?"

Wang Ye did not refuse or agree, but instead tentatively asked.

Everything happens for a reason. If Oleg’s faction was doing well and without any issues, they wouldn’t suddenly want to merge with his faction.

Since he came to discuss this matter, it means that the fourth faction must have faced some problems!

So, Wang Ye first needed to understand what the problem was, and whether it was serious.

If the problem was too thorny and troublesome, then Wang Ye would have to consider seriously whether to accept them...

If it was a problem he could handle, Wang Ye would happily agree. After all, those are a few Duma seats!

His faction was originally short on members. Now, with elite soldiers being presented on a platter, how could he possibly refuse.

Upon hearing Wang Ye’s question, Oleg scratched his head and awkwardly said,

"It isn’t really any serious trouble, it is just...

Our faction is too poor, and the election funds we can raise are very limited.

If this were previous years, that amount of money could have been a bit of a buffer.

But this year is different, all the major factions are investing a lot, and even new factions are eager to jump in.

Retreat if we do not advance, If we continue our original election plan, I fear our faction will not have any seats next year.

In such case, as the party leader, I would be too ashamed to face the members of the faction.

I am incapable, not only can I not lead the faction to grow and develop but also face the embarrassment of being eliminated.

So, I was considering to find a way out for all, after all, our faction still has a lot of elites. In some local elections, they have a certain advantage, although not very big...

So, I thought of merging our faction into a larger faction with stronger strength."

Wang Ye understood, this was another victim affected by his "Butterfly Effect"!

Due to his intervention, Khodorkovsky was able to divest from the Yukos Group earlier and get involved in the political election.

The heavy investment by Khodorkovsky’s faction triggered an "arms race" among all major factions, who started their election campaigns and increased their investment in advance!

As a result, smaller factions like Oleg’s have suffered a significant setback...

....

Having understood the cause, Wang Ye pondered for a while and then succinctly said, "It’s no problem to merge into our faction. We have enough resources to support. If it’s not enough, I’ll get more sponsors, haha. But there is one thing, your ideology..."

Each faction has its own governance concept, broadly five into two categories: "Left" and "Right".

The "Left" refers to socialism, while the "Right" naturally refers to capitalism.

Of course, Russia is currently a capitalist country, so there is no so-called "Left", or if there is, it is marginalized.

But within the "Right", there are also "Left-Wing" and "Right-Wing"!

"Left-Wing", focuses on social fairness, welfare system, representing the interests of the low-income group. They support universal values, high welfare, and end-result equality.

"Right-Wing", emphasizes natural competition, free economy, represents the interests of the bourgeoisie. They lean towards traditional conservatism, survival of the fittest, and prioritize equal opportunities.

Wang Ye’s faction originally belonged to the right wing, but after he became the party leader, especially in this year’s election campaign, he added some attention to the low-income group, but overall, it still belongs to the right-wing.

Oleg’s faction, on the other hand, is a typical left-wing faction, as evidenced by their faction’s poverty...

If the two factions want to merge, they must unify their ideologies and share a common slogan.

Otherwise, wouldn’t that mess everything up?

With a long sigh, Oleg replied, "I’ve come to understand over the past few years that given our country’s current state, economic development can only be achieved through free competition. The country simply doesn’t have the strength and foundation to improve the welfare benefits of ordinary people. But I hope that after the economy develops in the future, we won’t abandon the lower classes..."

Wang Ye nodded and spoke without hesitation, "Of course! Don’t forget that when I was first elected a congressman, I won the support of voters by promising to provide more jobs and improve welfare. When the country becomes more affluent in the future, we will naturally have the resources to implement various welfare policies. For now, we can only focus on bigger issues."

This was his true belief.

Given the current state of Russia, it is not in a position to compare welfare with countries like Northern Europe!

Developing the overall economy first is the priority, Wang Ye is a pragmatist, not an idealist.

Speaking of which, he himself is currently the biggest oligarch!

Could he oppose himself...

Since the factions have agreed on ideology, the rest is just details.

The two quickly discussed and submitted the merger of the factions to Duma Congress in the joint name, notifying everyone.

This matter does not need a voting decision, it is just informing everyone that two factions are merging.

Also, it does not require all members of the fourth faction to resign, as this is a faction merger and does not apply to the rules of individual faction transfer.

Additionally, there is a precedence for this, the current first faction is a result of merging several factions together, and they didn’t resign or anything at their time.

Moreover, this is a matter between two factions, outsiders don’t have the right to point fingers...

....

"What! The fourth faction wants to merge into your faction? When did this happen?"

Grezlov was shocked when he learned about this.

"It’s just been decided these past few days. As you know, Oleg’s faction has hardly any business support. They’re just surviving on a bit of public donations for elections. They could manage in the previous term. But this year’s election is different, their money is simply not enough. So, they decided to merge with our faction." Wang Ye laughed as he explained.

Grezlov could understand why Oleg made such a choice, he was just a bit unable to accept the reality.

Because in this way, Wang Ye’s faction would become stronger and stronger!

"So why didn’t they come to me to discuss the merger of factions. Our faction isn’t incapable of accommodating their few congressmen." Grezlov grumbled, feeling a bit unwilling.

Wang Ye smiled ambiguously, hinting, "The first faction already has enough seats! The Duma should be full of different voices. As for the few seats of Oleg’s faction in next year’s elections, it’s not clear whether they can be retained. And even if they can, our faction still has pitifully few seats."