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A comment on The company that bribed the world. Parent comment

Re:The company that bribed the world by mturmon on Wednesday March 30, 2016 @02:47PM (#11391874)
I have a heuristic principle that corruption is endemic to resource extraction industries (oil, gas, timber, mining). Getting something for nothing (and externalizing the costs) is somewhat the premise of the whole enterprise.
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Re:The company that bribed the world by ArkyBeagle on Wednesday March 30, 2016 @07:02PM (#11393697)
Not for big extraction corporations that have a lot of surface area to fire at. The downside risk is just too great.

This being said, the combination of an African-style failed state (or outright kleptocracy) and rich natural resources creates a special case of the Resource Curse.

When it comes to a stable legal system and low corruption, Americans were born on third base and think they hit a triple.

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