this post was submitted on 07 Jun 2025
1030 points (91.3% liked)
Technology
71083 readers
4475 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Stopping exploitation by Shell, BP & Friends isn't exactly what made those regimes despotic
Hardly. Usually the process goes like this:
African Nation - has natural resource and has no way to get it out of the ground.
Foreign company that does this all the time: Yo, we'll literally pay you to let us dig up this stuff.
Regime: Yes, I was paid, perfect. Thanks. And we'll charge you what seems like tons of money also.
10 years later
New Regime: Hm.....that's an awfully nice mine you have there. We've increased taxes on it 400 times and you are still not closing. It means there's too much money to be had! So we will take it and do the mining ourselves! How hard could it be?!
New regime nationalizes mine
3 months later
New Regime: Sadly, we must now close the mine and send everyone with jobs home because my drunk cousin is not a good mine director, and all the things broke and we didn't know you had to order more spare parts.
New Regime places FOR SALE sign on mine and waits for another foreign company to start the cycle over again.