However, the risk of an exploitative economic relationship is, I would argue, an argument for increased involvement of people who are not in favour of colonialism and who know how to spot an economic hit man and beat him at his own game. Because if we do not beat the economic hit men in some way, we'll end up with this, at least if history is any guide:
another scenario would be that Siemens et al build multi-billion-dollar facilities but keep complete control of it, without tech transfer or ownership, and thus it's them selling both to Spain and Algeria even if they also pay rent for the desert land;
Now, project finance and economic and political integration isn't the only battlefield in this particular revolution. But it's an important one, and one that we should not abdicate entirely simply because the rules are tilted against us.
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.