4 ms·
> We let other countries rent seek from our companies way too much This is one of the most hilarious, out of touch statements I've ever heard. Our companies a
by consteval 2y ago
> We let other countries rent seek from our companies way too much
This is one of the most hilarious, out of touch statements I've ever heard.
Our companies are the rent-seekers.
When Chevron goes to South America and harvests oil, giving them only 10% of the revenue (despite it being their oil!) and then leaves hundreds of billions of US dollars in environmental damage, what do you call that?
That's 1 example. Our companies constantly go to poorer, more corrupt countires with the sole intention of exploitation. Whether that be borderline slave labor or stealing resources. Because those places are so poor, we often give them pennies on the dollar and call it a day. I mean, why the fuck not sell HIV infected medicine to Africa? (yes, real, and yes, knowingly).
And the best part? When those companies inevitably cause crimes against humanity, there's no recourse. The companies scatter like cockroaches in the light. Good luck suing them in US court. We'd sooner suck our own dicks than admit poisoning the Amazon is kind of bad.