Empire’s Resources Understanding Imperial Economics

Capitalism is the parasitic system of grift that has produced these imperial grifters and attempted to normalise it.

🌺🌿🦋 Brilliant !

31:31

"The Anaconda Company, also known historically as the Anaconda Gold and Silver Mining Company (1881–1891), Anaconda Mining Company (1891–1895), Anaconda Copper Mining Company (1895–1899), Amalgamated Copper Company (1899–1915), and Anaconda Copper Company (1915–1955), was an American mining company headquartered in Butte, Montana. It was ONE OF THE LARGEST TRUSTS OF THE EARLY 20TH CENTURY AND ONE OF THE LARGEST MINING COMPANIES IN THE WORLD FOR MUCH OF THE 20TH CENTURY.

Marcus Daly bought the original silver mine, named the Anaconda, in 1880. Daly partnered with George Hearst [father of William Randolph Hearst] , James Ben Ali Haggin and Lloyd Tevis [also president of Wells Fargo & Company from 1872 to 1892. He also co-founded the Pacific Coast Oil Company, the progenitor to Chevron Corporation] in 1881 to develop it, and the company expanded dramatically in 1882 with the discovery of huge copper deposits. In 1883, Daly began building a smelter and the town of Anaconda to process copper mined in Butte. In 1899, with Hearst and Tevis deceased, Haggin retired and Daly restructured the enterprise into the Amalgamated Copper Company, bringing in H H Rogers and William Rockefeller.

By 1910, Amalgamated had expanded its operations and bought the assets of all other copper companies operating in Butte. In 1922, Anaconda bought mining operations in Mexico and Chile; the latter hosted THE LARGEST MINE IN THE WORLD and for a time yielded two-thirds of the company's profits. The company added aluminum reduction to its portfolio in 1955. In the 1950s, the company switched over from underground to open-pit mining. In 1960 its operations employed 37,000 employees in North America and Chile.

Anaconda Copper was purchased by the Atlantic Richfield Company (ARCO) on January 12, 1977. ARCO halted production at the Anaconda smelter in 1980, and mining ceased completely in 1982 when the deep pumps draining the Berkeley Pit and the underground mines were shut off, allowing the Pit and mines to fill. The company presently only exists as a major environmental liability for BP, who bought out ARCO in 2000. Its former operations are now the largest Superfund site in the country; CERCLA liability passed to BP upon its acquisition of ARCO."

If I remember correctly Che Guevara talks about the Anaconda mine in Chile in his "Motorcycle Diaries".

What a brilliant discussion. Love it keep up the good work red nation.

Thank you all

Generally illuminating, especially Aby’s work. Jeanette seems to follow the anti-marxist narratives of “black marxism” and the like, negating Lenin’s work, introducing confusion by saying that there is a need for a new definition of imperialism, really just permeating the Cheng Enfu-Lu Baolin/Tricontinnental or like narratives trying to distinguish American and Chinese imperialism. US might have been better prepared but let me assure you that the British or other imperialist countries also built their domination on hyper-militarised exploitation and there is 0 signs of a new stage of capitalism other than that described by Lenin.
A bit disappointed to see no pushback at all to the crazy takes such as saying that there is primitive accumultion in the periphery.

reading steohen newcomb's book was amazing for me beginning the resetting of my whole brain as i continue my path of unpacking every word of all the colonizer languages because ALL of them use every word to lie.

I learned so much!!! 🤯 thanks Red Nation.

Jeanette, Aby- thank you for your
inspiring, powerful, heartfelt work.
Your truthtelling & scholarship is exhilarating & fearless medicine!
Cutting through the crap cuts
through the oppression too!

Now I watch from the beginning.