Total: Don't Cry for the Monks!
Here's another reason why the Saffron Revolution will again dissipate: Total and its rationalizations.
«We are convinced that through our presence we are helping to improve the daily lives of tens of thousands of people who benefit from our social and economic initiatives,» said Jean-Francois Lassalle, a vice-president for public affairs at Total. «Our departure could cause the population even greater hardship and is thus an unacceptable risk.»
(...)
«To those who ask us to leave the country, we reply that far from solving Myanmar's problems, a forced withdrawal would only lead to our replacement by other operators probably less committed to the ethical principles guiding all our initiatives,» Lassalle said.
Actually, I do favor the argument presented by the Kuznets curve, and on a sunny day Total is right. But, it's not sunny in Yangon right now.
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