Anyone notice how closely the government's new demand on the mining companies to hand out shares to local communities in their areas (and failure to comply will lead to asset seizures), resembles nationalization?
Business is business. At least, I always thought it was.
The mining companies lease or own the land, and they keep to government prescriptions on how to mine safely etc etc. Being told to just hand over part ownership of their operation to "the people" is neither fair, nor part of a free-market system, nor a democracy. Nor is just issuing an ultimatum to comply "or else". This is more in line with communist-fascist or socialist ideology.
