That's what British companies did when India declared independence (actually an interesting read). Rather than leave working machinery behind, they loaded it on boats and dumped it out at sea and for things like generators that were too large, they dumped sand into them to make them so they would never work again. They literally reduced India from a manufacturing economy to 3rd world economy overnight.
Of course
If Britain hadnt done that ..which Im suspect of frankly
Why India would be like Germany now
Im not buying it
Ive been there....twice
You state that British companies did this. Was the new government impounding and taking possession of these businesses?
I wouldn’t have blamed the Venezuelan companies for doing the same when their businesses were taken over in the name of the people.