View Poll Results: Should they be allowed to take your farm?

Voters
13. You may not vote on this poll
  • Yes... power to the people!

    3 23.08%
  • Yes....if they pay me back the $100,000 I paid for it

    0 0%
  • Yes... if they pay me full market value for my farm

    0 0%
  • No..... it's my farm, get your grubby dictator paws off it

    10 76.92%
Page 3 of 4 FirstFirst 1234 LastLast
Results 21 to 30 of 34

Thread: Does a government have the right to nationalize foreign assets?

  1. #21
    Advisor
    Join Date
    Sep 2012
    Last Seen
    01-03-13 @ 09:42 PM
    Lean
    Undisclosed
    Posts
    579

    Re: Does a government have the right to nationalize foreign assets?

    Absolutely, If it is on the soil of another country it belongs to them in my view. Just like they can close your embassy of they want.

  2. #22
    Banned
    Join Date
    Dec 2011
    Location
    The anals of history
    Last Seen
    07-25-15 @ 02:05 PM
    Gender
    Lean
    Progressive
    Posts
    10,348

    Re: Does a government have the right to nationalize foreign assets?

    Does a government have the right to nationalize foreign assets?-fidel-castro-halloween-jpg

    Fidel will have your bananas.

    Quote Originally Posted by johnny_rebson View Post
    It depends.


    If I buy land on some island nation, it's not acceptable for some two-bit communist dictator to take that land from me.


    Now if some scummy foreigner buys land in America and there's a valid reason to take the land away from that foreigner, then I don't see a problem with it.

  3. #23
    Banned
    Join Date
    Dec 2011
    Location
    The anals of history
    Last Seen
    07-25-15 @ 02:05 PM
    Gender
    Lean
    Progressive
    Posts
    10,348

    Re: Does a government have the right to nationalize foreign assets?

    Does it make a difference to you if the leadership of the country that's taking over the farm was elected by the people, or if it was a coup?

    I mean, what if a dictator took over but the people didn't really want him there. If that dictator then tries to nationalize your farm, is that any different than if it were a more legitimate government?

    Quote Originally Posted by hikari View Post
    Absolutely, If it is on the soil of another country it belongs to them in my view. Just like they can close your embassy of they want.

  4. #24
    Advisor
    Join Date
    Sep 2012
    Last Seen
    01-03-13 @ 09:42 PM
    Lean
    Undisclosed
    Posts
    579

    Re: Does a government have the right to nationalize foreign assets?

    Quote Originally Posted by Peter Grimm View Post
    Does it make a difference to you if the leadership of the country that's taking over the farm was elected by the people, or if it was a coup?

    I mean, what if a dictator took over but the people didn't really want him there. If that dictator then tries to nationalize your farm, is that any different than if it were a more legitimate government?
    No, sovereign nations are just that sovereign, we could claim the people do or do not want a government but, no other country has the right to judge the system of another, the only time any infringement of sovereignty is justified is for extreme human rights violation, and only in the broadest sense of consensus of what constitutes those rights too, like genocide, not for example democracy.

    Be it a king, or a democratic republic, sovereignty is sovereignty.

  5. #25
    Guru
    Aderleth's Avatar
    Join Date
    Apr 2011
    Last Seen
    04-08-16 @ 06:26 PM
    Gender
    Lean
    Other
    Posts
    4,294

    Re: Does a government have the right to nationalize foreign assets?

    Quote Originally Posted by Peter Grimm View Post
    Hypothetical situation...

    Let's say you own a company that sells bananas. Say you buy a farm on a small island nation for $100,000. The reason you do this is because the quality of the bananas that can be grown on this island nation is superior to anything we could grow here in the States due to the natural climate and soil. The bananas you grow are extra yellow, and extra bendy. High quality, delectable bananas. So you sell a lot of them to happy American breakfast consumers, and your farm is very profitable.

    Now let's say there is political unrest in this little island nation. Poverty is high, and the locals view your success with envy. Say a benevolent dictator takes over, and promises to take your farm (and all other foreign assets in the island nation) and give it to the locals to run.

    Question - DOES THAT NATION HAVE THE RIGHT TO TAKE YOUR FARM?
    As others have pointed out, whether or not they have the right, they pretty obviously have the capability. However, there are provisions in international law that deal with this sort of thing, and depending on what kind of nation we're talking about, it is possible to recover some or all of your losses if you know where to bring suit.

  6. #26
    Baby Eating Monster
    Korimyr the Rat's Avatar
    Join Date
    Feb 2006
    Location
    Laramie, WY
    Last Seen
    11-23-17 @ 02:02 PM
    Gender
    Lean
    Libertarian - Left
    Posts
    18,709
    Blog Entries
    1

    Re: Does a government have the right to nationalize foreign assets?

    Quote Originally Posted by Peter Grimm View Post
    Does it make a difference to you if the leadership of the country that's taking over the farm was elected by the people, or if it was a coup?
    Not really. Hell, it barely makes a difference whether the people are my countrymen or aliens-- the only things I truly own are the things I can stop people from stealing. It doesn't matter whether they're stealing them with paperwork or at gunpoint... because at the end of the day, the paperwork just boils down to a more polite form of gunpoint.

    Quote Originally Posted by Peter Grimm View Post
    I mean, what if a dictator took over but the people didn't really want him there. If that dictator then tries to nationalize your farm, is that any different than if it were a more legitimate government?
    The only legitimacy a government can have is whether or not people obey its orders. If nobody obeys the order to steal my land, I have nothing to fear.

  7. #27
    Resident Martian ;)
    PirateMk1's Avatar
    Join Date
    Apr 2012
    Location
    California
    Last Seen
    Today @ 12:36 PM
    Gender
    Lean
    Private
    Posts
    9,922

    Re: Does a government have the right to nationalize foreign assets?

    Quote Originally Posted by Peter Grimm View Post
    Should you be allowed to sue that island nation in a US court? What recourse should you have internationally, if any?
    Good luck you will need it. Where are you gona get recourse? UN? Please. Like I said there is no real recourse unless you want it in blood. If its just property and I got away with my life, its bad, but not that bad. If they shot my dog in the process, well there aint no room in this world for no dog killers. Kill em all and let god sort em out.
    Semper Fidelis, Semper Liber.
    I spit at lots of people through my computer screen. Not only does it "teach them a lesson" but it keeps the screen clean and shiny.
    Stolen fair and square from the Capt. Courtesey himself.

  8. #28
    Pontificator
    iliveonramen's Avatar
    Join Date
    Sep 2011
    Location
    On a Gravy Train with Biscuit Wheels
    Last Seen
    Today @ 01:38 PM
    Gender
    Lean
    Very Liberal
    Posts
    9,158

    Re: Does a government have the right to nationalize foreign assets?

    Quote Originally Posted by Peter Grimm View Post
    I left the question in the realm of the hypothetical because I don't want people's political affiliation or national identity to bias how they answer this question.

    This scenario has played out many, many times during the course of history... and the response to it has varied.

    My question is do you think the island nation has the moral right to take the farm, because it's part of that country, or do you think your claim to the farm as the owner of that farm entitles you to some recourse?
    You won't like my answer but...it depends? How did that person get the farm land? Did it include bribing and kickbacks to the old dictator? Did the old dictator take over through some military coup? In this case the bananna farmer is like someone knowingly buying something that "fell off a truck".

    Whose land was it before? Whose property rights weren't sufficiently protected by their supposed government?

    When we're talking about these Bannana Republics there's much more to the story than the actual taking of land.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

  9. #29
    Guru
    Smeagol's Avatar
    Join Date
    Jun 2012
    Last Seen
    02-19-17 @ 11:35 PM
    Lean
    Undisclosed
    Posts
    4,147

    Re: Does a government have the right to nationalize foreign assets?

    Quote Originally Posted by Peter Grimm View Post
    Hypothetical situation...

    Let's say you own a company that sells bananas. Say you buy a farm on a small island nation for $100,000. The reason you do this is because the quality of the bananas that can be grown on this island nation is superior to anything we could grow here in the States due to the natural climate and soil. The bananas you grow are extra yellow, and extra bendy. High quality, delectable bananas. So you sell a lot of them to happy American breakfast consumers, and your farm is very profitable.

    Now let's say there is political unrest in this little island nation. Poverty is high, and the locals view your success with envy. Say a benevolent dictator takes over, and promises to take your farm (and all other foreign assets in the island nation) and give it to the locals to run.

    Question - DOES THAT NATION HAVE THE RIGHT TO TAKE YOUR FARM?

    I think so. And before we throw stones, check of what the Supreme Court says our own government is constitutionally allowed to do. Supreme Court Expansion of eminent domain--Sandra Day O'Connor smelled the rat

    But yes, not every country is founded upon freedom and individual rights like America and that why our founders came here. Is it a nice thing to do? Probably not. Is it within the legal authority of the foreign country under their laws? Absolutely.

    Another question is to American interest operating in foreign counties always come into possession of that country's natural resources by ethical means in the first place? To add to your hypothetical, suppose the banana plantation owned by the American was formerly a family farm operated by Hector and his family in Latin America. Hector lived under a corrupt and brutal dictator who might have even been aided in a power grab by the US operating covertly. The dictator's Army shows up one day with guns and tells Hector he has to move because his farm is being taken over by the government, and here's 10,000 Pesos ($5,000 in US dollars). The dictator then sells the farm to the American entrepreneur for $100,000, which is a steal of a deal since its worth $250,000. The dictator pockets $95,000 to buy a new Mercedes Benz and the US gets to have "friendly relations" with the dictator country while the every citizen there hates our guts. A grass roots push for socialism is started because from their perspective, freedom and capitalism has been unfair and exploitative, not because freedom and capitalism are not the best economic system on earth but because they have consistently gotten the short end of business deals and nobody stood up for the little guy.
    Having opinions all over the map is a good sign of a person capable of autonomous thinking. Felix -2011

  10. #30
    Sage
    AliHajiSheik's Avatar
    Join Date
    Aug 2012
    Last Seen
    Today @ 01:22 PM
    Gender
    Lean
    Undisclosed
    Posts
    6,376

    Re: Does a government have the right to nationalize foreign assets?

    They have the right, but there could be international repercussions, such as compensation.

    How would want a bendy banana?

Page 3 of 4 FirstFirst 1234 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •