After the Honduran president repealed a law granting unfettered authority to outside investors, the crypto groups took the dispute to World Bank arbitration court.
  • Viking_Hippie@lemmy.worldEnglish
    15·
    1 year ago

    I haven’t seen any explanation of why the current Honduras is so dead set on shutting down Prospera

    Then you clearly haven’t read and understood the article you’re replying to.

    At worst, the development is not an economic success, and the cost is borne by the investors. At best, it creates an economic boon to Honduras.

    You can’t possibly believe that bullshit yourself. Do you work for Prospera or are you shilling for free?

    Seems like a no-lose proposition, the same reasoning behind many other special economic zones around the world

    “Special economic zones” are specifically made to circumvent regulations meant to protect and otherwise benefit workers and consumers to maximize corporate profits while minimizing corporate risk. Their very existence is harmful to regular people.

    The only explanation I can think of for the Honduras government continuing to chase this issue is ideological/political hostility

    Yeah, some of us have ideologies that put the interests of the majority of people over the interests of the ultra-rich and their corporations. Baffling to a corporate shill like yourself, I’m sure.

    It feels like their energy would be much better spent elsewhere.

    Than protecting their people from corporations looting their country? Not really, no.

    • cyd@lemmy.worldEnglish
      2·
      1 year ago

      In the real world, sensible governments know that getting companies to make investments is a good thing, not a bad thing. Over in the States, Joe Biden is making the investment incentives of the IRA the centrepiece of his re-election campaign. That’s why it’s remarkable to see a government actively trying to drive away investors.

      • livus@mander.xyzEnglish
        13·
        1 year ago

        It’s only “remarkable” if you don’t know anything about the economic and political history of the region.

        Anyone in their right mind would reject this thing after seeing the so-called benefits of the United Fruit Company, or the invitation of American plantations into the Kingdom of Hawaii.

        In the actual real world, investment is only good if it’s beneficial to the populace and doesn’t undermine its sovereignty. Getting, say, the British East India Company interested in your country was a curse not a blessing, same as having these clowns interested now.

      • Viking_Hippie@lemmy.worldEnglish
        13·
        1 year ago

        I love it when shills pretend that blindly swallowing pro-corporate propaganda makes them the only adults in the room rather than the perfect marks for con artists. So adorable.