By Lyson Ndukwini Sibande
The truth is that i dont really understand how a developing nation really benefits from foreign investment. My view as of now is that foreign investment works better between developed nations that are capable of protecting domestic interests. Otherwise, foreign investment into a least developed nation is something i dont celebrate unless some one explains.
Capitalists go about exploiting cheap labour and plundering resources of poor nations in the name of foreign investment. And in the end as it is a natural characteristic of capitalism, the rich get richer and the poor get poorer and rich nations get richer while poor nations get poorer.
But i stand to be lectured to on how a developing nation can really get out of poverty through foreign investment.
I am sincere and i expect only serious comments. Dont comment if your comment is not serious.