Re:Chile to Nationalize Lithium Industry
by kspacewalk2 on Monday May 08, 2023 @10:14AM
(#35861703)
They might end up emulating a petrodictatorship instead, because it's an open question whether they have the state capacity, institutions, and most importantly a populism-proof electorate to achieve what Norway has, instead of the default "resource curse" option most other oil-rich countries fell into.
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Re:Chile to Nationalize Lithium Industry
by MSFT_Edging on Monday May 08, 2023 @10:28AM
(#35861871)
Its always a dictatorship when a global south country refuses to play extraction-ball that will need to be "liberated".
Re:Chile to Nationalize Lithium Industry
by kspacewalk2 on Monday May 08, 2023 @02:41PM
(#35865420)
I'm rooting for them to remain democratic, just saying the resource curse[0] is not a concept made up by evil dastardly westerners to keep "global south" countries down. It seems to be the default path, sadly.
Chile is actually a pretty well run country with a First World GDP. Yes, their economy is heavily based on natural resources but so is Australia or Canada.
Saudi Arabia on the other hand is fabulously corrupt but they were still able to take over their oil industry (Aramco) without problems and even go upmarket in petrochemicals with SABIC.
Re:Chile to Nationalize Lithium Industry
by 29athrowaway on Monday May 08, 2023 @01:09PM
(#35864154)
It used to. Now it is another leftist enabled Supermarket Sweep season.