Mushroom
Gold Member
The government of Iran was getting 16% of the profits from oil sales before Mossadegh was elected. 16% for no expense to effort, just sitting and getting the money from the people who paid for the infrastructure and paid to operate it. Without the Americans and British companies, there would have been no oil to sell and no profits to take 16% of.
The foreign oil companies invested billions into exploration, drilling, pipelines, refineries, ports, and other things in order to allow Iran to sell their oil. I think most people tend to forget that in the early to mid 20th century the Middle East was one of the poorest regions on the planet. And they sure as hell did not have the experience or money to invest in creating that infrastructure themselves.
And no, unlike what somebody tried to claim the Shah was not put into power by the Iranian Secret Police. He took power at the death of his father, Shah Reza Shah Pahlavi. Who by the way took over as the previous dynasty (Qajar) as it was incredibly corrupt and torn apart by civil war with multiple parts of the country breaking away as well as a larger army of foreigners backed by the Soviet Union that intended to annex it into the USSR.
That puppet army had already claimed the NW part of Persia (including Rasht on the Caspian Sea) and not only declared themselves the "Persian Socialist Soviet Republic", but they also proclaimed all of Persia was theirs and now part of the Soviet Union.
I always find it amazing the silly things people try to claim when they are unable to actually know or research history.
But nations and companies investing in other nations is nothing new, it has long been done when one needs infrastructure and does not have money to pay for it. And those that invest expect a return on their investment. And myself, I have absolutely no real problem if a nation makes the choice to nationalize their own assets.
But I also have absolutely no problem if when the companies or nations lose their investment without compensation, they then pull out and refuse to ever invest in that nation ever again. That is the state that Venezuela is currently in, they burned so many companies when Premier Chavez nationalized almost everything that nobody is willing to invest in them anymore.