Putin declared liberalism "obsolete" and said liberal democracy had "outlived its purpose."
The Russian leader also praised the rise of populism in Europe and America, saying ideas like multiculturalism were "no longer tenable".
"[Liberals] cannot simply dictate anything to anyone," said Mr Putin, who is on his fourth term as president.
But the president of the European Council, Donald Tusk, was one of those who criticised his comments, saying: "Whoever claims that liberal democracy is obsolete also claims that freedoms are obsolete, that the rule of law is obsolete and that human rights are obsolete."
...Mr Putin criticised the approach of some Western governments, and specifically mentioned immigration, multiculturalism, and LGBT issues - so he seems to be focusing on social and political liberalism.
He's not the only world leader who doesn't like the term either - Hungary's Prime Minister Viktor Orban has specifically said he wants to create an "illiberal state" because he believes authoritarian systems, like those in China and Russia, work better than Western liberal democracies.
So... is liberalism out of date?
Liberalism had been seen as the "norm" in many countries until recently.
However, a lot of people do believe it could be in decline - as evidenced by support for Brexit in the UK, or support for populist leaders including Donald Trump in the US, or Matteo Salvini in Italy.
"Clearly the kind of liberal order we had until 2008 is in trouble," Michael Cox, a professor of international relations at LSE, tells the BBC.
He says that the financial downturn in 2008 was a "major turning point", and globalisation and the fact that "markets were allowed to determine everything" also brought about "larger questions of identity and culture, with people feeling that their country is no longer their own".When Justin Trudeau came to power in 2015, I briefly hoped that he would focus on restoring Canada's flagging democracy. This blog, after all, is expressly dedicated to the "restoration of progressive democracy" in Canada. Trudeau seemed to grasp that the key to rehabilitating democracy was to put an end to first-past-the-post elections in which a minority of less than two in five voters, only some of them even vaguely interested in the issues, resulted in "false majority" governments that rule rather than 'govern with the informed consent of the public'. A false majority with an equally false mandate.
Of course, once installed in office, Mr. Trudeau saw that first-past-the-post might well deliver him a second false majority in 2019 and he promptly balked at electoral reform. That was then, this is now, and we find ourselves instead in a predicament where Trudeau's failure to honour his election reform promise may be just what Andrew Scheer needs to snatch a false majority in October with an equally false mandate.
In the era of neoliberalism, governments of liberal democracies have done a truly shitty job of protecting democracy and upholding liberal values that are too often sacrificed to the market place in the blind pursuit of perpetual exponential growth. The liberal democracy that is delivered is unpalatable to a populace that feels insecure, irrelevant. That is what propels people like Trump and Orban into high office. These people are testament to liberal democracy subverted from within.