Lou wrote: 
Henwood used to argue, except they
formulated it slightly differently. They said that imperialism was
manifested by the refusal of Great Britain, USA et al to invest in Africa.
..., the imperialists prevented multinationals from "developing" Africa.

Steve responds:
Well, if that is Henwood's argument, it's not that far from Frantz Fanon,
who argued that advanced capitalist countries frequently set conditions
for investment on newly decolonized countries that keep them from being
able to experience development *and* if they refused they would be faced
with the very real threat of withdrawl altogether of financial assistance
(which Fanon also felt they were owed from the advanced cap. world as
reparations for years of pilfering of colonial economies...). 




Steve

Stephen Philion
Lecturer/PhD Candidate
Department of Sociology
2424 Maile Way
Social Sciences Bldg. # 247
Honolulu, HI 96822




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