The unequal nature of the trade between the metropole and the colonies was emphasized by the concept of the “protected market,” which meant even an i… - Walter Rodney

It must be recalled that North America was that part of the European capitalist system which had been the most direct beneficiary of the massacre of the American Indians and the enslavement of Africans. The continued exploitation of African peoples within its own boundaries and in the Caribbean and Latin America must also be cited as evidence against American monster imperialism. The U.S.A. was a worthy successor to Britain as the leading force and policeman of the imperialist/colonialist world from 1945 onwards.

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.

Most of the people who write about underdevelopment and who are read in the continents of Africa, Asia, and Latin America are spokesmen for the capitalist or bourgeois world. They seek to justify capitalist exploitation both inside and outside their own countries. One of the things which they do to confuse the issue is to place all underdeveloped countries in one camp and all developed countries in another camp irrespective of different social systems; so that the terms capitalist and socialist never enter the discussion. Instead, one is faced with a simple division between the industrialized nations and those that are not industrialized. It is true that both the United States and the Soviet Union are industrialized and it is true that when one looks at the statistics, countries such as France, Norway, Czechoslovakia, and Rumania are much closer together than any one of them is to an African country. But it is absolutely necessary to determine whether the standard of living in a given industrialized country is a product of its own internal resources or whether it stems from exploiting other countries. The United States has a small proportion of the world’s population and exploitable natural wealth but it enjoys a huge percentage of the wealth which comes from exploiting the labor and natural resources of the whole world.