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The White House and the Black Continent

THE OBSTACLES TO ECONOMIC INDEPENDENCE

 

 

The most important task facing the national liberation movement in Africa today is getting rid of the foreign monopolies, getting complete control over their own natural resources, and achieving genuine economic independence. It was firmly and unambiguously declared at the Extraordinary Assembly of the Organisation of African Unity on Economic Development that the meeting signalled "the start of Africa's struggle for economic independence".(1) This struggle is clearly anti-imperialist and has given rise to sharp resistance from the West, particularly the United States, since it undermines Washington's neocolonialist plans to turn Africa into an appendage of its own military and industrial complex.
If the African countries did indeed gain economic independence then US imperialism would be unable to exploit them.
Thus the US does everything to put obstacles in the path of the economic liberation of these countries, but it mainly gambles on their dependence on monopoly capital.

 

Chapter II THE POLICY OF UNDERMINING PROGRESSIVE TRANSFORMATIONS
1. Economic Difficulties and Their Causes
2. The Transnationals Make Things Worse
3. Washington Against a New International Economic Order

 

 

(1) Daily Times (Lagos), April 29, 1980.

 

Reaganomics: the African Version - Back

Next - Economic Difficulties and Their Causes

 

Translated from the Russian
Designed by Oleg Grebenyuk
Белый дом и черный континент
На английском языке
Group of Authors: An. A. Gromyko (Editor's Note);
Ye. A. Tarabrin (Ch. I, III, Conclusion); V. P. Kasatkin (Ch. II
IX); V. Ya. Lebedev (Ch. IV); A. Yu. Urnov (Ch V)-
V. S. Baskin (Ch. VI); A. V. Prudnikov (Ch. VII)-
M. L. Vishnevsky (Ch. VIII)
Издательство "Прогресс", 1984.
English translation. Progress Publishers 1984
Printed in the Union of Soviet Socialist Republics

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