The efficient accounting and business methods which are supposed to characterize capitalist firms did not drop from the sky. They are the result of h… - Walter Rodney

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The efficient accounting and business methods which are supposed to characterize capitalist firms did not drop from the sky. They are the result of historical evolution, and in that evolution the exploitation of Africa played a key role—from the era of the chartered companies right through the colonial period.

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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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Colonialism was one aspect of imperialism. Colonialism was based on alien political rule and was restricted to some parts of the world. Imperialism, however, underlay all colonies, extended all over the world (except where replaced by socialist revolutions), and it allowed the participation of all capitalist nations. Therefore, lack of colonies on the part of any capitalist nation was not a barrier to enjoying the fruits of exploiting the colonial and semi-colonial world, which was the backyard of metropolitan capitalism.

Warfare comprises not just the encounter of individual soldiers, but (more importantly) a pattern of tactics and strategy in relationship to the opposing forces taken as a whole.

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It was only after European firearms reached a certain stage of effectiveness in the nineteenth century that it became possible for whites to colonize and dominate the whole world. Similarly, the invention of a massive array of new instruments of destruction in the metropoles was both a psychological and a practical disincentive to colonized peoples seeking to regain power and independence. It will readily be recalled that a basic prop to colonialism in Africa and elsewhere was the “gunboat policy,” which was resorted to every time that the local police and armed forces seemed incapable of maintaining the metropolitan law and the colonial order of affairs. From the viewpoint of the colonized, the strengthening of the military apparatus of the European powers through colonial exploitation was doubly detrimental. Not only did it increase the overall technological gap between metropole and colony, but it immeasurably widened the gap in the most sensitive area, which had to do with concepts such as power and independence.

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