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it's like saying, well, because DRC doesn't have the means to excavate and mine all of their resources like diamonds and metals in the next 20 years, foreign co
by dimensionc132 4y ago
it's like saying, well, because DRC doesn't have the means to excavate and mine all of their resources like diamonds and metals in the next 20 years, foreign companies should come in and do it for them, keep all the profits and materials....all your diamonds belong to us now (queue evil laughter).
doesn't seem like a good argument.
a country should have control over its resources, not foreign companies. Seems like a very simple and business savvy concept to me.
- helloworld11 4y agoA country can allow foreign companies to extract its resources without turning into an exploited disaster or being a poster child for neomarxist cliches of modern colonialism. The DRC's problems are far more deeply rooted and severe than foreign companies taking advantage of its natural resources. Internal corruption widely facilitates their uglier practices anyhow. For example, Canada (among a number of other developed nations) regularly allows foreign investment in its natural resources without being ruined by this practice. Good, transparent government and well-applied rules of the playing field go a long way towards enabling reasonably fair execution of corporate mining/extraction projects like these.