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It was in Southern Africa that there emerged the most carefully planned structures of interlocking directorates, holding companies, and giant corpora… - Walter Rodney
" "It was in Southern Africa that there emerged the most carefully planned structures of interlocking directorates, holding companies, and giant corporations which were multinational both in their capital subscriptions and through the fact that their economic activities were dispersed in many lands. Individual entrepreneurs like Oppenheimer made huge fortunes from the Southern African soil, but Southern Africa was never really in the era of individual and family businesses, characteristic of Europe and America up to the early part of this century. The big mining companies were impersonal professional things. They were organized in terms of personnel, production, marketing, advertising, and they could undertake long-term commitments. At all times, inner productive forces gave capitalism its drive towards expansion and domination. It was the system which expanded. But in addition, one can see in Africa and in Southern Africa in particular the rise of a capitalist superstructure manned by individuals capable of consciously planning the exploitation of resources right into the next century, and aiming at racist domination of the black people of Africa until the end of time.
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About Walter Rodney
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.
Also Known As
Alternative Names:
Walter Anthony Rodney
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Additional quotes by Walter Rodney
In brief, it is enough to say that the African people as a collective had upset the plans of the colonialist, and had surged forward to freedom. Such a position may seem to be a mere revival of a certain rosy and romantic view of African independence which was popular in the early 1960s, but, on the contrary, it is fully cognizant of the shabby reality of neo-colonial Africa. It needs to be affirmed (from a revolutionary, socialist, and people-centered perspective) that even “flag independence” represented a positive development out of colonialism. Securing the attributes of sovereignty is but one stage in the process of regaining African independence. By 1885, when Africa was politically and juridically partitioned, the peoples and polities had already lost a great deal of freedom. In its relations with the external world, Africa had lost a considerable amount of control over its own economy, ever since the fifteenth century. However, the loss of political sovereignty at the time of the Scramble was decisive. By the same reasoning, it is clear that the regaining of political sovereignty by the 1960s constitutes an inescapable first step in regaining maximum freedom to choose and to develop in all spheres.
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.
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