Iran, the shah, and the BBC

Interesting report on the BBC (the link is only a brief summary). It's oil again, just as with Venezuela, and Cuba, and Iraq, etc., etc. Back in 1953, the US organized a coup in Iran, to get the unpopular Shah in charge. Britain helped, and got the BBC to talk up the "danger from Iran" and even broadcast the code word to start the invasion. In the 1990s, America finally apologized, but Britain never has. As a result of 1953, the Iranians never trusted the west (or the BBC) and instead turned to fundamentalism. The 1979 revolution looked back on 1953 and said "never again!"

Of course, none of this could have happened if land rent had been the policy. There would be no excessive profits from oil, so the wealth is spread more fairly, so there is more trust and less political interference, so there is more trade and a safer world, hence more wealth, and everybody wins.