Hacker News new | ask | show | jobs
by pasabagi 1741 days ago
> Those reparations figures are wildly overestimated

I feel like I'm understating them. I'm getting my overview of the amounts from this paper[0], but in principle, even getting paid a part of the costs of a war is a very good deal, because that money usually goes entirely to your own economy (since they are supplying your military), you get essentially free training for your military, you get prestige, and you get the actual war aims (in this case, control over Korea, which is in itself lucrative).

If you consider another colonial war, the second opium war, the chinese government indemnity in this case didn't cover the costs of the expedition (iirc). However, it's still a really great deal, because you get access to the chinese market, which is worth a ton, and the state finances themselves aren't negatively impacted because the indemnity is enough to cover costs.

I think it's probably true that by the time Germany reunified, empires weren't always that worthwhile.

I don't totally disagree with your culture idea. I just think there's nothing worse for a nation's political culture than being colonized, and it's also terrible for the economy, so it's unsurprising that almost every first world nation was either never colonized, or if it was, is currently ruled by a seceeding group of the colonizers themselves (e.g. the USA).

[0]: https://eprints.lib.hokudai.ac.jp/dspace/bitstream/2115/3069...