Once multilateral aid begins the neo-colonialist masters are f aced by the hostility of the vested interests in their own country. Their manufacturer… - Kwame Nkrumah

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Once multilateral aid begins the neo-colonialist masters are f aced by the hostility of the vested interests in their own country. Their manufacturers naturally object to any attempt to raise the price of the raw materials which they obtain from the neo-colonialist territory in question, or to the establishment there of manufacturing industries which might compete directly or indirectly with their own exports to the territory. Even education is suspect as likely to produce a student movement and it is, of course, true that in many less developed countries the students have been in the vanguard of the fight against neo-colonialism.

English
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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 Nkrumah Francis Nwia Kofi Nkrumah Osagyefo Dr. Kwame Nkrumah
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The modifications introduced by imperialism in its strategy were expressed:
(a) through the disappearance of the numerous old-fashioned "colonies" owing exclusive allegiance to a single metropolitan country.
(b) through the replacement of "national" imperialisms by a "collective" imperialism in which the USA occupies a leading position.

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A state can be said to be a neo-colonialist or client state if it is independent de jure and dependent de facto. It is a state where political power lies in the conservative forces of the former colony and where economic power remains under the control of international finance capital.

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