pluralistic, Back in the 1950s, a new, democratically elected Iranian government nationalized foreign oil interests. The UK and the US then backed a coup, deposing the progressive government with one more hospitable to foreign corporations:
https://en.wikipedia.org/wiki/Nationalization_of_the_Iranian_oil_industry
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If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/03/27/korporate-kangaroo-kourts/#corporate-sovereignty
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