AFRICA HAS TO STAY POOR FOR WORLD TO BE RICH

10 months ago
18

The failures of Western-imposed economic policies in Africa make sense once you realise it is intentional sabotage. Here, Howard Nicholas, senior lecturer of economics at the International Institute of Social Studies, explains how an entire system exists to keep Africa poor so it will always remain a source of cheap raw materials and cheap labour. Africa subsidises the living standards of the rest of the world with almost none of its wealth benefiting Africans.

Take Niger, for example, where a significant amount of the uranium that France uses to power its electricity grid is from, yet the Sahelian nation is among the poorest in the world. This unfortunate situation is not limited to Niger but common across the continent. African countries produce most of the minerals and resources that the modern world needs to function, so how can Africa still be poor?

A lot has been invested to maintain the status quo. When Lumumba in DR Congo pledged to utilise Congolese resources to benefit Congolese people, the CIA, Belgium and Britain had him assassinated and placed the puppet Mobutu in his stead. Burkina Faso saw its ‘self-reliance’ and ‘self-sufficiency’ champion Thomas Sankara murdered by France and the puppet Compaoré installed. Similar events happened with Kwame Nkrumah, Maurice Bishop, Samora Machel, the list goes on.

Have a listen to Dr Nicholas’ remarks and let us know what you think.

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