There are no statutes of limitation on imperialism. Just because US
multinationals are ignoring most of Subsaharan Africa today, we can not
forgive or forget that the damage was already done. Walter Rodney's "How
Europe Underdeveloped Africa" leaves no doubt that imperialism left the
continent in a shattered state. The absence of foreign investment today is
not so much a sign of "benign neglect", but rather that the bones have been
already been picked clean. Colin Leys, on the Socialist Register editorial
board, has written an analysis of underdevelopment in Africa that
elaborates on these points. Titled "Rise and Fall of Development Theory",
it attempts to skirt the dialectical poles of the sort of stagist Marxism
represented by James Heartfield and the late Bill Zimmer, both of whom
argue that more foreign investment was needed in Africa if anything, and
"dependency theorists" on the other who blame everything on capitalist
penetration. Leys's basic argument is that Africa is suspended between 2
modes of production. It has not fully uprooted precapitalist social and
economic formations, but at the same time it has not been attractive enough
to outside capitalist investors to warrant the full-scale transformation
that has taken place in much of East Asia, for example.



Louis Proyect

(http://www.panix.com/~lnp3/marxism.html)


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