There was a period when the capitalist system increased the well-being of significant numbers of people as a by-product of seeking out profits for a few, but today the quests for profits comes into sharp conflict with people’s demands that their material and social needs should be fulfilled. Pg. 10

There was a period when the capitalist system increased the well-being of significant numbers of people as a by-product of seeking out profits for a few, but today the quests for profits comes into sharp conflict with people’s demands that their material and social needs should be fulfilled. Pg. 10

Walter Rodney
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In a way, underdevelopment is a paradox. Many parts of the world that are naturally rich are actually poor and parts that are not so well off in wealth of soil and sun-soil are enjoying the highest standards of living. When the capitalists from the developed parts of the world try to explain this paradox, they often make it sound as though there is something “God-given” about the situation. One bourgeois economist, in a book on development, accepted that the comparative statistics of the world today show a gap that is much larger than it was before. By his own admission, the gap between the developed and underdeveloped countries has increased by at least 15 to 20 times over the last 150 years. However, the bourgeois economist in question does not give a historical explanation, nor does he consider that there is a relationship of exploitation which allowed capitalist parasites to grow fat and impoverished the dependencies. Instead he puts forward a biblical explanation! Pg. 21

Walter Rodney, How Europe Underdeveloped Africa
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There was a period when the capitalist system increased the well-being of significant numbers of people as a by-product of seeking out profits for a few, but today the quests for profits comes into sharp conflict with people’s demands that their material and social needs should be fulfilled. Pg. 10

Walter Rodney, How Europe Underdeveloped Africa
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