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" "More far-reaching than just trade is the actual ownership of the means of production in one country by the citizens of another. When citizens of Europe own the land and the mines of Africa, this is the most direct way of sucking the African continent. Under colonialism the ownership was complete and backed by military domination. Today, in many African countries the foreign ownership is still present, although the armies and flags of foreign powers have been removed. So long as foreigners own land, mines, factories, banks, insurance companies, means of transportation, newspapers, power stations, then for so long will the wealth of Africa flow outwards into the hands of those elements. In other words, in the absence of direct political control, foreign investment insures that the natural resources and the labor of Africa produce economic value which is lost to the continent.
Walter Rodney (23 March 1942 – 13 June 1980) was a prominent Guyanese historian, political activist and preeminent scholar, who was assassinated in Guyana in 1980.
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Development and underdevelopment are not only comparative terms, but that they also have a dialectical relationship one to the other: that is to say, the two help produce each other by interaction. Western Europe and Africa had a relationship which insured the transfer of wealth from Africa to Europe. The transfer was possible only after trade became truly international; and that takes one back to the late fifteenth century when Africa and Europe were drawn into common relations for the first time—along with Asia and the Americas. The developed and underdeveloped parts of the present capitalist section of the world have been in continuous contact for four and a half centuries. The contention here is that over that period Africa helped to develop Western Europe in the same proportion as Western Europe helped to underdevelop Africa.
What was called was nothing but the extension overseas of European interests. The strategy behind international trade and the production that supported it was firmly in European hands, and specifically in the hands of the sea-going nations from the North Sea to the Mediterranean. They owned and directed the great majority of the world’s sea-going vessels, and they controlled the financing of the trade between four continents. Africans had little clue as to the tri-continental links between Africa, Europe, and the Americas. Europe had a monopoly of knowledge about the international exchange system seen as a whole, for was the only sector capable of viewing the system as a whole. Europeans used the superiority of their ships and cannon to gain control of all the world’s waterways, starting with the western Mediterranean and the Atlantic coast of North Africa. [...] Therefore, by control of the seas, Europe took the first steps towards transforming the several parts of Africa and Asia into economic satellites.
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At the social and cultural level, there are many features which aid in keeping underdeveloped countries integrated into the capitalist system and at the same time hanging on to the apron strings of the metropoles. The Christian church has always been a major instrument for cultural penetration and cultural dominance, in spite of the fact that in many instances Africans sought to set up independent churches. Equally important has been the role of education in producing Africans to service the capitalist system and to subscribe to its values. Recently, the imperialists have been using new universities in Africa to keep themselves entrenched at the highest academic level.