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Just learned that China owns most of the cobalt mines in the DRC. (lemmygrad.ml)

submitted 11 months ago by TeezyZeezy@lemmygrad.ml to c/asklemmygrad@lemmygrad.ml

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Are they responsible for the conditions there?

Of course all of the other "China is imperialist" claims are bullshit but it seems like this is true and could potentially lead to valid accusations of imperialism or at least bad regulations.

What's the reason for what's going on in the Congo, I guess? What is happening on a detailed level? I can't find many resources outside of blatantly western shit.

I know what's going on and like the bad things but I'm asking why basically. Is it China?

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[–] queermunist@lemmy.ml 17 points 11 months ago

In practice working conditions are improving, industrial capacity is increasing, infrastructure is being built, the means of production are being developed. That doesn't happen under imperialism, imperialism is marked by the production of superprofits through superexploitation, which is what makes imperialism a distinct stage of capitalism.

Foreign investment isn't automatically imperialist, otherwise it would be imperialism when a foreign company opens a mine in the US.