These texts do not see that the Morales government's resource nationalism agenda was blocked at every turn by transnational mining firms, many of whom sued Bolivia in European arbitration panels for a total of nearly $2 billion. Morales's government fought these suits.
But the question of resource nationalism blocked Bolivia's ability to raise finances, including to develop its lithium deposits. Transnational capital went to much more amenable Chile, when Bolivia attempted to get at least a 50% share of the profits of this key resource.
At this point, the Morales government turned to Chinese mining firms, which were happy to sign equitable deals with the Bolivian people. These deals with the Chinese bothered Canadian and US mining firms, which have long wanted to remove Evo Morales from office.
The coup against Evo Morales had nothing to do with question of the recent election; that was an excuse for the power bloc to eject him. Now we shall see how the pretender president deals with the lithium.
WARNING: don't become a 'useful idiot' of imperialism.
You can follow @vijayprashad.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: