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How the West is Looting Botswana || Western Capitalism Exploitation of Botswana’s Wealth
How The West is Looting Botswana
DeBeers & Western Capitalism’s Exploitation of Botswana’s Diamond Wealth
Uncover the shocking truth about how Western corporations, especially De Beers, have been exploiting Botswana's diamond wealth for decades. This video exposes:
• De Beers' monopolistic control through Debswana
• How Cecil Rhodes founded De Beers and shaped the diamond industry
• The impact on Botswana's economic development
• Questionable practices in diamond valuation and pricing
• Limited local beneficiation despite promises
• Environmental concerns and community displacement
Learn how this arrangement has allowed foreign companies to profit immensely while potentially limiting Botswana's returns on its natural resources. We'll explore the history, current situation, and what needs to change for Botswana to truly benefit from its diamond wealth.
https://medium.com/@hrnews1/ho....w-the-west-is-lootin
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#botswana #diamonds #debeers #economicjustice #naturalresources
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Cecil Rhodes, a merciless colonialist is responsible for the countless deaths, atrocities, treachery, and misery throughout Southern Africa.
There is a Cecil Rhodes university in the country of South Africa.
Rhodes Scholarship is named after Cecil Rhodes.
Technology Transfer:
China invited American and western companies to China and said to these companies “you can come to China and set up your factories in China but under one condition, you must teach us the technology you are using and the way the technology works in these factories.”
So American and western companies transferred their technological skills and knowledge to the local Chinese workers working in these American and western factories in China. And in the end the local Chinese knew how to use these western technologies themselves.