Don't sell your sovereignty for comfortable slavery

Foreign investment is not always a good thing, and it's not always a bad thing either. If investment is coming as a way to open your market to foreign companies who will then compete against local companies and flood your market with their goods, that's not a good thing. And no, bringing in huge established powerful corporations to compete against your much smaller local firms is not going to force those local firms to improve. It is going to destroy them. If you put Jihin Raswan in a fight with Tyson Fury, is not gonna make her become a better, stronger fighter.

It's gonna put her in a coma. If investment is coming to turn your country into a plantation for foreign multinationals to profit from, then it's not a good thing. If investment is coming basically as a way to purchase your country's economic sovereignty, obviously, that's a bad thing. Now if investment is coming to help your own companies develop and grow and improve, then that's good. But you have to appreciate the importance of economic sovereignty and self reliance because, yes, you can bring in foreign companies and they will create jobs and generally quality of life can improve, but it is all dependent on them.

They will be in control of your economy, which will then position them to control you politically as well. You shouldn't sell your independence for superficial material benefit, and that's the choice that a lot of global South countries are going to have to be making in the next several years because the investors will be coming. The multinationals will be coming, and they will have a lot of tempting offers. And the danger is that the, upper class, the political class in your countries will be poised to profit and benefit a great deal from collaboration with those multinationals just like in the colonial era. So it's vital for the population, for the working class, for the lower class, for the average citizen to demand of their leaders that they prioritize economic and political independence and policies of self centered development for the domestic economy, even if that might mean losing some superficial benefits that come from collaboration with multinationals and with foreign investors.

Because, yes, if you work with them, you will see some improvements in the quality of life, you will see some improvement in services and that sort of thing. But like I said, you will have those benefits in exchange for the loss of political and economic independence and sovereignty.