Download The Looting Machine: Warlords, Tycoons, Smugglers and the by Tom Burgis PDF
By Tom Burgis
A surprising investigative trip into the way in which the source exchange wreaks havoc on Africa, ‘The Looting Machine’ explores the darkish underbelly of the worldwide economy.
Africa: the world’s poorest continent and, arguably, its richest. whereas accounting for simply 2 percentage of world GDP, it truly is domestic to fifteen in line with cent of the planet’s crude oil, forty in line with cent of its gold and eighty in step with cent of its platinum. a 3rd of the earth’s mineral deposits lie underneath its soil. yet faraway from being a salvation, this buried treasure has been a curse.
‘The Looting Machine’ takes you on a gripping and surprising trip via nameless boardrooms and glittering headquarters to show a brand new type of financialized colonialism. Africa’s booming progress is pushed by means of the voracious starvation for traditional assets from quickly rising economics resembling China. yet within the shadows a community of investors, bankers and company raiders has sprung as much as grease the fingers of venal neighborhood political elites. what's taking place in Africa’s source states is systematic looting. In state after nation around the continent, the source is tearing on the very cloth of society. yet, like its sufferers, the beneficiaries of this looting desktop have names.
For six years Tom Burgis has been on a project to show corruption and provides voice to the hundreds of thousands of Africans that suffer the implications of dwelling lower than this curse. Combining deep reporting with an action-packed narrative, he travels to the center of Africa’s source states, assembly a warlord in Nigeria’s oil-soaked Niger Delta and crossing a warzone to arrive a distant mineral mine in japanese Congo. the result's a blistering research that throws a very clean gentle at the workings of the worldwide economic system and may make you think that two times approximately what is going into the cellular phone on your pocket and the tank of your automobile.
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Extra resources for The Looting Machine: Warlords, Tycoons, Smugglers and the Systematic Theft of Africa's Wealth
15 Satellite view of south‐central Long Island, New York, in 2013 showing Fire Island. This barrier island was breached (where marked by yellow oval) in 2012 during Hurricane Sandy. Natural color Landsat image: US Geological Survey. , 2013). These artificial means are employed since the sand budget reflects a deficit, that is, the rate of erosion for the system as a whole exceeds the natural sediment supply (Kana, 1995). Sand suitable for replenishment is becoming increasingly difficult to acquire along the US Atlantic Coast, leading in some cases to conflict between neighboring communities.
2008). In 1956, California Highway 1 still ran close to the sea, but was obvi ously at risk, as a large landslide zone is clearly visible around it. 10a traces the position of the scarp at the head of the landslide as it appeared in 2011. The large light gray patch in the upper center of the image is land that was being prepared for housing construction, which was already underway to the immediate north. The red lines trace the position of the future street grid, perilously close to the scarp in the SAFZ at the bottom of the photo.
SAFZ location: Bonilla et al. (1998). , 2008). In 1956, California Highway 1 still ran close to the sea, but was obvi ously at risk, as a large landslide zone is clearly visible around it. 10a traces the position of the scarp at the head of the landslide as it appeared in 2011. The large light gray patch in the upper center of the image is land that was being prepared for housing construction, which was already underway to the immediate north. The red lines trace the position of the future street grid, perilously close to the scarp in the SAFZ at the bottom of the photo.