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The case of philip morrison suing uruguay, a country with a population of 2.3 million, and the potential violation of uruguay's sovereignty. The text also discusses structural adjustment policies (saps) and their impact on developing countries, drawing parallels to the east india company's takeover of india. The document raises questions about the implications of these actions and why they matter.
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TERM 1
DEFINITION 1 Philip Morrison sues a country with a population of 2. million people. Uruguay borrow money from the State of NY All the country wants to do is warn it's citizens of the negative effects of smoking TERM 2
DEFINITION 2 A country's primary objective is to maintain it's sovereignty. Philip Morrison violates the sovereignty of these countries. Very similar to the East India Company taking over India The company signs treaties with the Kings, and slowly and gradually start to annex them and their kingdoms. The companies now do the same thing these other countries TERM 3
DEFINITION 3 They are designed to encourage the structural adjustment of an economy by, for example, removing excess government controls and promoting market competition. TERM 4
DEFINITION 4 Arguably, no because now that whatever these companies or countries might do is legal (in paper) and they're "helping" these developing countries, they can make these countries do whatever they like. Pretty similar the East India Company TERM 5
DEFINITION 5 Exploits land and natural resources Underdevelopment or no development of of these countries Since there is no development, people are one bad decision away from getting their lives destroyed. Governments should govern countries. Nobody wants companies to rule the world.