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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.
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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If one accepts that the government is always the servant of a particular class, it is perfectly understandable that the colonial governments should have been in collusion with capitalists to siphon off surplus from Africa to Europe. But even if one does not start from that (Marxist) premise, it would be impossible to ignore the evidence of how the colonial administrators worked as committees on behalf of the big capitalists. The governors in the colonies had to listen to the local representatives of the companies and to their principals. Indeed, there were company representatives who wielded influence in several colonies at the same time.
There is a substantial difference between the dependence of the s on the and the subjugation of the colonies under a foreign capitalist yoke. The capitalist countries are technologically more advanced and are therefore the sector of the imperialist system which determined the direction of change. [...] A formerly colonized nation has no hope of developing until it breaks effectively with the vicious circle of dependence and exploitation which characterizes imperialism.
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Like its progenitor, capitalism, fascism is totally opposed to socialism. Fascist Germany and Italy attacked both the other capitalist states and the Soviet Union, which was still the only socialist state in the world by 1939. The defeat of fascism was therefore a victory for socialism, and at the same time it preserved the other capitalist nations from having to take the historically retrograde step of fascism.