this post was submitted on 11 Aug 2024
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[–] 666@lemmygrad.ml 22 points 3 months ago* (last edited 3 months ago) (1 children)

You ignored the military base part (the fact that one nation over the entire world has that) and the general implication of that. Canada is another Western settler nation with a similar historical background that would have zero reason to have competing interests with the U.S even in the 1900s (unless over minor things, if you really want to get pedantic). Mexico and the rest of Latin America is a GREAT example, actually.

Look at the history of military intervention and how the capitalists of the West completely stripped and destroyed these nations and keep them subservient under IMF debt/leverage. A nation like Venezuela; whom is against it; is mercilessly lambasted, sanctioned and attacked at every opportunity. That's why they AREN'T against it (Mexico and America or any other Latin American nation). This is what that one user meant by a "materialist view". That view Venezuela has is also known as "siege mentality" if you want to look it up in a more formal sense.

You're vaguely gesturing towards Belt and Road initiatives with a doomer mindset that obviously it must be imperialism. Meanwhile, Belt and Road actually provides tangible support and direct aid to Africa unlike the IMF handing a massive bag of cash to local despots and warlords beholden to private and/or Western interests that further indebt the nation.

Do you really want me to sit here and describe the amount of times that happened vs actual railroads/infrastructure built by China? Do you understand how much they're undercutting IMF loans and how little leverage/debt they undergo compared to the IMF, the main financier arm of the global West who pushes these nations into poverty either economically or if not, a regime change??

[–] AnarchoBolshevik@lemmygrad.ml 6 points 3 months ago (1 children)

It helps to think of imperialism and neoimperialism as parasitic relations between privileged states and unprivileged ones. Beijing is almost certainly expecting some mutual benefits in the long term from its investments, but I have not seen anything suggesting that said investments are highly conditional or designed to keep the recipients dependent on them indefinitely.

That is what distinguishes the PRC from neoimperialist régimes like Imperial America, which value immediate returns and bully unprivileged states (e.g. Panama) into submission when they try to grow independently.

[–] MeowZedong@lemmygrad.ml 2 points 3 months ago

I have not seen anything suggesting that said investments are highly conditional or designed to keep the recipients dependent on them indefinitely.

There are examples of them writing off unpaid debt in favor of completing the projects to maintain a good relationship with the countries they are working with. They don't seem to do this lightly, and sometimes it's only the interest, not the entire loan, but it does happen. This difference in approach can be easily picked up in western media as well despite them often moving goal posts and not telling the entire story of IMF loan programs compared to BRI programs.