• seejur@lemmy.world
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    4 days ago

    Worth noting that most of the time oil (newly discovered natural resources really)makes a country poorer than richer. See Venezuela and such.

    So good on Norway to not give in to unbridled corruption and out that money on a public fund to make its own citizen wealthy

    • Alcoholicorn@mander.xyz
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      4 days ago

      Well yes, Norway’s leader wasn’t assassinated by the US, followed by sanctions and throwing money and weapons at militant factions. I wonder why…

    • BarneyPiccolo@lemmy.today
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      4 days ago

      Worth noting that most of the time oil (newly discovered natural resources really)makes a country poorer than richer. See Venezuela and such.

      Hmm, somebody should let the Middle East know that they’re poor.

      More likely, the discovery of oil attracts the worst kind of industrialists, who will exploit the workers into abject poverty, and take all the wealth. It isn’t the oil that makes the people poor, it is the government who sells them out.