While taking a break from my last grading marathon of the term, I watched this episode of Wide Angle on PBS on the failed coup against the government of Equatorial Guinea:
This is globalization:
- A small African country with vast oil reserves
- Western countries and oil companies, very interested in said oil
- A corrupt and violent government with an authoritarian leader
- Mercenaries… or, I should say, private military contractors meddled with Western secret services
- The son of Margaret Thatcher
- The remnants of the racist army of South Africa, selling themselves to the highest bidders
- Banks that are more than happy to stash the dictator’s oil money
- And the local population, squeezed in the middle, impoverished and oppressed while Western oil companies and governments wine and dine the dictator… for as long as it is convenient for them to do so.
And at the end, China wins.
Watch the whole thing.