It is the practice of monopoly concerns to move into new fields which supplement or even replace their old business. That is necessary to avoid their… - Walter Rodney

All Europeans had derived ideas of racial and cultural superiority between the fifteenth and nineteenth centuries, while engaged in genocide and the enslavement of non-white peoples.

…it becomes self-defeating for someone in the Caribbean or in the United States to suggest that Africa is the sole, or even the main, vehicle of black struggle. Because black struggle must be universalized wherever black people happen to be.

More far-reaching than just trade is the actual ownership of the means of production in one country by the citizens of another. When citizens of Europe own the land and the mines of Africa, this is the most direct way of sucking the African continent. Under colonialism the ownership was complete and backed by military domination. Today, in many African countries the foreign ownership is still present, although the armies and flags of foreign powers have been removed. So long as foreigners own land, mines, factories, banks, insurance companies, means of transportation, newspapers, power stations, then for so long will the wealth of Africa flow outwards into the hands of those elements. In other words, in the absence of direct political control, foreign investment insures that the natural resources and the labor of Africa produce economic value which is lost to the continent.