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Thursday, November 10, 2011

ANOTHER BUSINESS OPPORTUNITY

The guns in Libya have barely quieted, but a new invasion force is already plotting its own landing on the shores of Tripoli. "Western security, construction and infrastructure companies that see profit-making opportunities receding in Iraq and Afghanistan have turned their sights on Libya, now free of four decades of dictatorship. Entrepreneurs are abuzz about the business potential of a country with huge needs and the oil to pay for them, plus the competitive advantage of Libyan gratitude toward the United States and its NATO partners. A week before Colonel Gaddafi's death on Oct. 20, a delegation from 80 French companies arrived in Tripoli to meet officials of the Transitional National Council, the interim government. Last week, the new British defense minister, Philip Hammond, urged British companies to "pack their suitcases"and head to Tripoli." (New York Times, 28 October) It is always good to see the fall of a dictator but obviously the capitalist class are more interested in profit than democracy. RD

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