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The post-war period inaugurated a very different colonial policy. A deliberate attempt was made to divert colonial earnings from the wealthy class an… - Kwame Nkrumah
" "The post-war period inaugurated a very different colonial policy. A deliberate attempt was made to divert colonial earnings from the wealthy class and use them instead generally to finance the ‘Welfare State’. As will be seen from the examples given later, this was the method consciously adopted even by those working-class leaders who had before the war regarded the colonial peoples as their natural allies against their capitalist enemies at home.
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About Kwame Nkrumah
(21 September 1909 – 27 April 1972) was a Ghanaian politician, political theorist, and revolutionary. He was the first Prime Minister and President of Ghana, having led the Gold Coast to independence from Britain in 1957. An influential advocate of Pan-Africanism, Nkrumah was a founding member of the Organization of African Unity and winner of the Lenin Peace Prize from the Soviet Union in 1962.
Also Known As
Alternative Names:
Francis Nwia Kofi Ngonloma
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Nkrumah
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Francis Nwia Kofi Nkrumah
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Osagyefo Dr. Kwame Nkrumah
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The principle of mutual inter-imperialist assistance whereby American, British, French and West German monopoly capital extends joint control over the wealth of the non-liberated zones of Africa, Latin America and Asia, finds concrete expression in the formation of interlocked international financial institutions and bodies of credit.
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