this post was submitted on 14 Dec 2025
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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
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...
This is bad analysis. Natural resources don't make countries poorer, they make the US/UK/France/Spain/Italy invade you.
Libya, rich in oil, was the richest country in Africa (and highest Human Development Index) until the west bombed it and triggered a civil war. Iran was on the way to use its oil for its own profits by nationalizing it under the democratically elected leftist government of Mosaddeq until it got blockaded and couped by MI6+CIA and a corrupt monarch got reinstated. Venezuela took millions of people out of poverty until US sanctions came in an attempt to kill the socialist government and put millions through hardship. Saudi Arabia, having a government very cozy with the US, gets away with no US coups, but has 70% of the population being effectively slaves.
There was a full-blown civil war in Libya well before the intervention of NATO (which had unanimous support from the UN security counicl).
And how did the bombing help exactly? Not to mention the western participation in the formation of the civil war itself, with its constant meddling and sanctioning against the Libyan government.
Not unanimous, but not vetoed either (Russia and China abstained from voting).
Sarkozy's personal interest in the matter also make me doubt France's wouldn't have been different under any other government
Edit: I'm not disagreeing with the whole "the UN allowed it", and the general unrest in Libya before the intervention. Just adding context
Sorry, got confused with the unanimous vote before it, which sanctioned Libya.
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.