The western companies aren't using the business as a strategic tool to destabilise the host country. While nationalising something like an oil company is only about changing where profits are sent.
The western companies aren't using the business as a strategic tool to destabilise the host country. While nationalising something like an oil company is only about changing where profits are sent.
What is your source for this claim? Wouldn't companies destabilize the host country to facilitate their own business?
Western companies have been destabilizing local regimes for centuries at this point. Companies in general are a convenient way to mask state power that pays for itself. Many of these companies were established in former colonies as a direct replacement for explicitly colonial resource extraction.
Searching online for examples I find Glencore, TotalEnergies, ExxonMobil, Chevron (among others) have all recently engaged in bribery or even supported violent political groups abroad to protect their own interests.
where did you get that info? from cartoons? how old re you little npc?
The Dutch taking ownership of this company is not to divert its profits, it's to prevent the weaponisation of the company against the host country. There is an expectation that the Dutch have reasonable evidence of this. It's also set against a background of the foreign country's other attempts of unprovoked interference.
The replies seem to miss the mark and provide examples where nefarious activities were engaged in the pursuit of profit, some other examples provided were further off the mark by citing examples of retaliation against nationalisation (which is the opposite situation).
This is why I state that they're difficult to compare. If the Dutch were claiming this company for a financial motive it would be the source of significant uncertainty in foreign investment. That doesn't seem to be the case here.
I mean where would the West be if it wouldn't do exactly that in Africa, Southern America and surely other places (and did it in even more extreme ways, back when people didn't care that much).
ex. cocoa production in Africa, with European companies being the ones doing and profiting from it.
Do western governments use other methods to destabilise the host countries? What should be done about those?
The 2004 book "Confessions of an Economic Hit Man" by John Perkins makes the US has.