Kendra_Smith_Laughs’s Reviews > The Licit Life of Capitalism: US Oil in Equatorial Guinea > Status Update
Kendra_Smith_Laughs
is on page 11 of 344
"In the month following independence, Spain promised financial help that never came. Records from the cocoa, coffee, and timber exports of 1968 showed that there should have been roughly $43 million in the bank (in 1968 dollars; roughly 300 million in 2017), but the national accounts were empty."
— Jun 19, 2025 09:44AM
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Kendra_Smith_Laughs’s Previous Updates
Kendra_Smith_Laughs
is on page 43 of 344
"Emerging from economics and political science resource curse literature (...) offers an analysis of the typical oil state and its pathologies. It suggests that Equatorial Guinea will now become a member of a class of states that includes Nigeria, Venezuela and Kazakhstan, among others, in which the influx of oil money fuels a distinctive form of pathological development (...)"
— Nov 26, 2025 11:12AM
Kendra_Smith_Laughs
is on page 21 of 344
"With the few exceptions of citizens openly affiliated with the opposition, who experience regular jailing and other forms of harassment and abuse, "everyone is in their own corner," as one of my friends put it"
— Jun 26, 2025 01:34AM
Kendra_Smith_Laughs
is on page 16 of 344
"Indeed, the Exxon-funded group, the Institute for Democratic Strategies, played a pivotal role in the manufacture of Equatorial Guinea's 1996 presidential election (Shaxson, 2008). "And that" an opposition member of parliament put it to me succinctly, "was when petroleum started. Petroleum was like a life-jacket for the regime, an oxygen-balloon to help it float.""
— Jun 20, 2025 08:59AM
