The wealth extracted from resource-rich nations is routinely funneled through offshore networks, many of which are centered in former imperial capitals like London.
This created a dangerous precedent:
During the height of European imperialism, charter companies like the Dutch and British East India Companies operated with absolute immunity. They waged wars, extracted resources, and enslaved populations, all backed by the legal systems of their home countries. Impunity and Capitalism: The Afterlives of Euro...
that prioritize profits over human rights.
to prevent capital flight and tax evasion. The wealth extracted from resource-rich nations is routinely
Only by dismantling these modern structures of imperial impunity can we hope to build an equitable global economy. To help me tailor future posts, let me know:
Bilateral investment treaties often allow corporations to sue sovereign governments if environmental or labor laws threaten their profit margins. that prioritize profits over human rights
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