Brazil starts proceedings against SemCorp Marine Subsi
#1

https://www.theonlinecitizen.com/2023/03...ubsidiary/
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#2

https://www.youtube.com/watch?v=CuTYfTw-a1k First coined by an American writer who used it to describe a fictional location in his book cabbages and kings based on his experiences in Honduras, the phrase initially described the economic exploitation of Central American countries by US corporations such as the United Fruit Company, who are the main oligarchic structures dominating the cultivation harvesting and exploitation of bananas.

This practice however was not contained in Latin America as it has shown to be too profitable for business owners to be thrown out of the window because of some humanitarian concerns because as we’re all aware the obsession with profit is the main driving force of corporate capitalism, maintaining the illusion of a healthy functioning system in its center while exploiting developing nations at its periphery with the continuation of such business practices deep into the 20th century.

This structure with a large impoverished working class and a ruling class to autocracy composed of the business political and military elite in society which controls the primary sector of the economy through the exploitation of labor has been shaped into something that closely resembles medieval feudalism.

Such a collision of governments and private monopolies contributes to what we call crony capitalism which with the principles of predatory neoliberalism has come to dominate the world economy in waves.

Cc Keppel Six
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#3

[Image: 140708-brazil-fans-anguish-jms-1723.jpg]

Dont cry for me Brazil.
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#4

Pappies oredi said they not guilty leow
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