I got a bottle for a trumpet, and a hatbox for a drum

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You very likely own stolen goods. The gas in your car, the circuits in your cell phone, the diamond in your ring, the chemicals in your lipstick or shaving cream — even the plastic in your computer may be the product of theft. Americans buy huge quantities of goods every day that are literally stolen from some of the world’s poorest people. These thefts are permitted — indeed encouraged — by an archaic rule of international trade that violates the most fundamental rule of capitalism: to protect property rights.

Tracing these stolen goods back to where the thefts occur lands us in some of the most wretched places on earth. What these countries have in common is an abundance of natural resources and plentiful political violence and corruption. All suffer from what Joseph Stiglitz and Jeffrey Sachs call “the resource curse.” Here dictators and insurgents sell off the country’s resources to foreigners, terrifying the people into submission while keeping the wealth for themselves.

The lavishly tyrannical Teodoro Obiang of Equatorial Guinea has become richer than Queen Elizabeth II by selling off the country’s oil and gas while killing or menacing anyone who might try to stop him. Obiang is the kind of dictator who has not shied from having himself proclaimed “the country’s God” on state-controlled radio, or from having his guards slice the ears of political prisoners and smear their bodies with grease to attract stinging ants. Obiang sells two-thirds of Equatorial Guinea’s oil to American corporations like ExxonMobil and Hess, and has recently spent 55 million of these petro-dollars to add a sixth private jet to his fleet. His playboy son and heir (who earns $5,000 a year as a government minister) prefers Lamborghinis, and recently spent $35 million on a house in Malibu.

Meanwhile raw sewage runs through the streets of the country’s capital, three quarters of the country’s people suffer from malnutrition, and most citizens are forced to exist each day on what you can buy in America with one dollar. Obiang does not need to worry about the health or education of the population: he gets the money he needs to maintain his despotic rule by allowing foreign corporations to set up offshore platforms to extract the country’s oil.

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