History May Not Repeat, But It Does Rhyme

Key paragraph:

"South Africa, like the Soviet Union and Venezuela, like Cambodia and Cuba, is not just an atrocity, it’s a cautionary tale. Ideology, more than race, connects the scattered strands of the leftist killing fields. To pretend that what happened there cannot happen here would be ignoring the lessons of history."

https://www.frontpagemag.com/fpm/270960/racist-communist-famine-grows-south-africa-daniel-greenfield#.W2zW7A5MneV.twitter

Zimbabwe is now trying to lure back the farmers post Mugabe with 99 year leases, after trashing its agricultural sector.

There is a concept of "dealing in good faith". I suspect some of the displaced look at that offer and think "what, spend money and sweat only to have it stolen again"?

We'll see how that works out.

farmer aren't going back, most individuals can't afford it, but multinationals might be interested in the prospect of expanding where there is little competition, after all, some of those have so many dollars that just the annual inflation is catastrophic, so just some common investment for them.

in the end, the power will fall in huge companies that aren't even African, profiting with the hunger of the people, prioritizing cheap products over quality, and the wages? would probably make slavery shiver.

the natural end of communism is poverty and then total subjugation from the capitalist system, just like China, Cuba is an world embarrassment, and soon Venezuela will go the way of South Africa or the way of the dodo.

Posted by Endless

but multinationals might be interested in the prospect of expanding where there is little competition,

Not always true. Big oil was quietly pulling out a lot of assets in the 90s from Venezuela, only leaving hard infrastructure that couldn't be easily displaced.

Multinationals would need some guarantee of stability.

State actors might move in. China is my guess.

Posted by CancerOnTheCusp

Posted by Endless

but multinationals might be interested in the prospect of expanding where there is little competition,

Not always true. Big oil was quietly pulling out a lot of assets in the 90s from Venezuela, only leaving hard infrastructure that couldn't be easily displaced.

Multinationals would need some guarantee of stability.

State actors might move in. China is my guess.

click to expand

the history of the Venezuelan colapse is a way different beast, that like any communist movement ended in the same debauchery.

pdvsa is the big oil in there, and after they change their constitution the sole owner of all oil and gas in the ground, it sounds to me that competing with what was the 3rd biggest company in the world by revenue and the only company completely backed by the state was a reason for many oil industries to just work under "partnerships" that btw weren't pay according to many law suits against the state.

the stability thing is complicated, even if companies would obviously be all for that, laws can change, and countries can turn an eye blind at convenience, but if the state is completely destroyed, they can't do all that "revolution" BS, starving people doesn't have the strength to carry those.

anyway, I'm mostly talking about big food money getting in Africa, and maybe the Warren buffets of the world looking for expansion, some subsidiary here and there, food going to the people table and the gov will have a problem solved without moving a finger, with the warning of not attacking the farms again or famine will return, along with some big lawsuits.