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" "In speaking of the European slave trade, mention must be made of the U.S.A., not only because its dominant population was European but also because Europe transferred its capitalist institutions more completely to North America than to any other part of the globe, and established a powerful form of capitalism—after eliminating the indigenous inhabitants and exploiting the labor of millions of Africans.
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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Africa’s contribution to European capitalism was far greater than mere monetary returns. The colonial system permitted the rapid development of technology and skills within the metropolitan sectors of imperialism. It also allowed for the elaboration of the modern organizational techniques of the capitalist firm and of imperialism as a whole. Indeed, colonialism gave capitalism an added lease of life and prolonged its existence in Western Europe, which had been the cradle of capitalism.
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Power is the ultimate determinant in human society, being basic to the relations within any group and between groups. It implies the ability to defend one’s interests and if necessary to impose one’s will by any means available. In relations between peoples, the question of power determines maneuverability in bargaining, the extent to which one people respect the interests of another, and eventually the extent to which a people survive as a physical and cultural entity. When one society finds itself forced to relinquish power entirely to another society, that in itself is a form of underdevelopment.