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China invests in Afghanistan...

 
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kenmabmcc



Joined: Nov 20, 2003
Posts: 8251

Location: Dunedin, New Zealand.

PostPosted: Sat Jan 02, 2010 12:51 am    Post subject: China invests in Afghanistan...

The Spoils of War
Quote:
China Metallurgical Group Corporation- has won the concession to mine this treasure.

Roads are being built and a huge power station, just as all else that will be needed for the mining and the subsequent transport across Afghanistan's most difficult terrain.

While the US and it's NATO allies are fighting the Taliban and an assortment of insurgents and drug-lords, Chinese engineers and workers proceed in relative safety towards securing it's commercial interests in an attempt to feed it's growing economy.

While the US is pledging 16 billion to train the future Afghan army, China invests 3.5 billion in Afghanistan's infrastructure - which it needs to make the mine work and the transport feasible.


Good to see such a major investment in the Afghan economy.

Wink
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CowpokeBob



Joined: Feb 07, 2006
Posts: 1506

Location: South Carolina, USA

PostPosted: Sat Jan 02, 2010 1:41 am    Post subject:

Well I had to go read the entire article first since I am aware of your tendency to skip over or ignore relevent portions of some articles but in this case it seems you have reported it true and I agree. It is heartening to see major investments being made in the Afghan economy. It is something the USA has been asking for along with military aid all along.

I'm not sure of the humanitarian aspects of it all in this case though. The article was rather brief on details of what the final sale price was or how much of that supposed boon will actually benefit the Afghan people instead of yet another super power. Or whether any of the infra structure being built will be of any real use to them. After all how remote is this area? Will the roads be useful at all other than for hauling ore and will some of that much needed power from the power station be available for other uses then to power the mining operations? I gotta say it sounds a bit like just another example of wealthy, powerful nations taking advantage of poorer/weaker ones but we shall see in time.

At least it was nice to see that Capitalism is apparently alive and well in Afghanistan. After all competitive biding with all the back room wheeling and dealing that go with it is a decidedly capitalist by-product.
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kenmabmcc



Joined: Nov 20, 2003
Posts: 8251

Location: Dunedin, New Zealand.

PostPosted: Sun Jan 03, 2010 10:41 am    Post subject: [Login to view extended thread Info.]

CowpokeBob wrote:
At least it was nice to see that Capitalism is apparently alive and well in Afghanistan. After all competitive biding with all the back room wheeling and dealing that go with it is a decidedly capitalist by-product.


Yes, corruption is decidedly a capitalist by-product.

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bern



Joined: Mar 12, 2007
Posts: 1487

Location: ann arbor

PostPosted: Sun Jan 03, 2010 2:59 pm    Post subject: [Login to view extended thread Info.]

kenmabmcc wrote:
CowpokeBob wrote:
At least it was nice to see that Capitalism is apparently alive and well in Afghanistan. After all competitive biding with all the back room wheeling and dealing that go with it is a decidedly capitalist by-product.


Yes, corruption is decidedly a capitalist by-product.

Wink


Your wording suggests you think that communist/socialist economies don't have corruption. Which even a Kiwi 1st grader knows isn't true.

Corruption may well be a human by-product.

But I am disturbed that you think negotiation (wheeling and dealing) is somehow bad (you seem to equate that with corruption). Do you really prefer a command economy where some bureaucrat decides whether you need blue or green toilet paper and how much you must pay for it? I doubt it. So, what do you mean by your comment?
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kenmabmcc



Joined: Nov 20, 2003
Posts: 8251

Location: Dunedin, New Zealand.

PostPosted: Sun Jan 03, 2010 10:23 pm    Post subject: [Login to view extended thread Info.]

bern wrote:
But I am disturbed that you think negotiation (wheeling and dealing) is somehow bad (you seem to equate that with corruption). Do you really prefer a command economy where some bureaucrat decides whether you need blue or green toilet paper and how much you must pay for it? I doubt it. So, what do you mean by your comment?


Politics is about the art of negotiation.

A free society needs open negotiation,
back room deals can lead to corruption.

Free economies need bureaucrats to function.

Wink
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bern



Joined: Mar 12, 2007
Posts: 1487

Location: ann arbor

PostPosted: Sun Jan 03, 2010 10:46 pm    Post subject: [Login to view extended thread Info.]

kenmabmcc wrote:
bern wrote:
But I am disturbed that you think negotiation (wheeling and dealing) is somehow bad (you seem to equate that with corruption). Do you really prefer a command economy where some bureaucrat decides whether you need blue or green toilet paper and how much you must pay for it? I doubt it. So, what do you mean by your comment?
Politics is about the art of negotiation.

A free society needs open negotiation,
back room deals can lead to corruption.

Free economies need bureaucrats to function.

Wink
Thanks for the truisms. I don't see the relation of these generally true statements to your comment
Quote:
Yes, corruption is decidedly a capitalist by-product.


Had you said (kind of like the comments above) "corruption is decidedly a human by-product", I would have wholeheartedly agreed as corruption is clearly not confined to any one system.
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