I’ve grown tired of the if-you-boycott-the-company-the-people-suffer arguments of large, multi-national corporations threatened with revenue losses because they do business with repressive regimes. The chutzpah is that somehow if the corporation didn’t provide jobs, then the poor people will starve.
They lived before the corporations came and they’ll live afterward.
From CNN:
The recent crackdown on pro-democracy protesters in Myanmar has rekindled a decades-old debate: Is it morally right to do business in countries with repressive regimes?
Some foreign businesses, including French jeweler Cartier, cut ties with the country after the suppression of the protests in September and October.
But others remain, arguing that they help the people of the impoverished country by creating jobs.
France’s Total contends that cutting off Myanmar, also known as Burma, hurts ordinary people more than it harms the military regime and could hinder moves toward democracy. Total and Chevron, which are partners in a natural gas field off Myanmar’s coast, also provide health and social programs for local communities.
It’s the same line that Royal Dutch Shell used when the apartheid boycott caught fire.
The approximately $2 billion in gas sold every year to Thailand from the Yadana field and from another field operated by Malaysia’s Petronas provides the bulk of Myanmar’s foreign exchange earnings.
“Only a few people are benefiting from these investments … the majority of people are not,” said Soe Aung, spokesman for the National Council for the Union of Burma, an umbrella organization based in Thailand for exile groups.
An estimated 90 percent of Myanmar’s 54 million people lives on about $1 a day.
Do the math: .9 x 54 = 48.6 million people or $48.6 million/day. Multiply that times 365 and you get $1.774 billion/year. That’s a local economy worth nearly as much as all the gas sold by the military dictators. I don’t see a lot of evidence that the people of Myanmar will see the standard of living drastically crash if Total/Chevron have to pull out.
Where is the money going?
Chevron and Total provide free healthcare to 50,000 people along the Yadana pipeline, where local infant mortality rates are a sixth of the national rate and enrollment in school has doubled due to the creation of 44 schools in 23 villages, Chevron said.
Activist groups call this propaganda.
“Every time we focus on a company doing business in Burma, they throw some money at a local foundation … and throw some pictures up on their Web site of smiling, happy people,” said Mark Farmaner, acting director of the Burma Campaign UK.
“They don’t put up pictures of the MIG jets that the generals bought with their first oil and gas paychecks,” he said.
How many childhood vaccinations could you offer for the price of one fighter jet. (And why the feck does Myanmar need fighter jets in the first place.)
What do you think?