News for hackers. Stuff that matters.

A comment on Nobel Peace Prize 2025: María Corina Machado. Parent comment

Re:Nobel Peace Prize 2025: María Corina Machado by cyberax on Friday October 10, 2025 @04:30PM (#45543447)
> The history lesson is that when the most of the GDP generation doesn't need without the help of the population

Counterexample: China. Or plenty of African countries. Being a petrocracy certainly makes authoritarianism easier, but it's not at all a requirement.

[ Parent | on HN ]
Re:Nobel Peace Prize 2025: María Corina Machado by 29athrowaway on Friday October 10, 2025 @04:51PM (#45543656)
Petrocracy is a weird term because it is not oil itself the one ruling but the ones who control the oil. We have a term for that, oligarchy.
[ Parent | on HN ]
Re:Nobel Peace Prize 2025: María Corina Machado by cyberax on Saturday October 11, 2025 @02:53PM (#45551639)
It's actually now used in a lot of political science papers.

It means a particular combination of autocracy and oil-dependence. It results in especially toxic regimes, that can be kept stable for quite a long time.

[ Parent | on HN ]