The Road to Oligarchic Peace: Comparing the Antebellum United States and Ukraine

This article endeavours to answer the question as to what accounts for the preservation of peace in the United States and Ukraine in 1850 and 2004 when there was a potential for an armed conflict. I argue that parallels can be drawn between the events taking place in both countries in the antebellum period, and, through a detailed empirical comparison, it can be demonstrated that peace endures when, during a supreme moment of crisis, an “oligarchic peace”, that is a compromise, is negotiated at the level of national and regional elites that ensures representation and protection of property rights for the key elites.