Why is africa poor?
- Thread starter Yami
- Start date
The liberal international order has consistently worked to prevent the industrialisation of developing countries, especially in Africa, by maintaining a neocolonial economic relationship. This system keeps "developing" and "underdeveloped" nations dependent on producing cheap raw materials and natural resources for the West, while forcing them to import food and capital. Western multinational corporations exacerbate this dependence by flooding these countries with subsidised imports, undercutting local food producers and manufacturers. As a result, local businesses go bankrupt, and their lands are purchased at low prices, often to be used for extracting raw materials that are then sold cheaply to the West for the production of luxury goods.
Africa, in particular, has long been a major source of raw materials such as minerals, gems, and gold ore, which are traded to the West at exploitative prices. While African nations possess rich natural resources, these often end up benefiting multinational corporations and Western consumers, rather than local populations. Many African countries remain dependent on exporting raw materials, which are processed into finished goods elsewhere, contributing to the persistent economic inequality between the Global South and the Global North.
Prior to the rise of neoliberalism, many developing countries tried to industrialise through import substitution. This approach involved imposing high tariffs, fixing local currencies, and providing state support for manufacturing, allowing these countries to protect local industries and import the raw materials and capital needed for industrial growth. However, import substitution didn't last because the overvalued currencies of these countries hindered their ability to export. They had to borrow large sums of money from international financial institutions to sustain their manufacturing and replace advanced imports. Without a steady income of US dollars to support their currencies, and with mounting debt, these countries were forced to submit to the IMF's neoliberal "structural adjustment" programs in exchange for loans, ending the import substitution era. As a result, they became debt colonies of the West.
This global economic structure ensures that the West remains at the top of the socio-economic hierarchy, benefiting from cheap goods produced in former colonies, while the local populations, especially in Africa, see little improvement in their living standards. Multinational corporations maintain a stronghold by establishing manufacturing hubs in places like Asia, such as Bangladesh, where large-scale production for Western markets occurs. While these countries export goods, they often serve little utility for local populations. Consequently, countries in the Global South are locked in a cycle of poverty and dependence, while the West continues to extract resources and profits from them, further deepening global inequality.
Africa, in particular, has long been a major source of raw materials such as minerals, gems, and gold ore, which are traded to the West at exploitative prices. While African nations possess rich natural resources, these often end up benefiting multinational corporations and Western consumers, rather than local populations. Many African countries remain dependent on exporting raw materials, which are processed into finished goods elsewhere, contributing to the persistent economic inequality between the Global South and the Global North.
Prior to the rise of neoliberalism, many developing countries tried to industrialise through import substitution. This approach involved imposing high tariffs, fixing local currencies, and providing state support for manufacturing, allowing these countries to protect local industries and import the raw materials and capital needed for industrial growth. However, import substitution didn't last because the overvalued currencies of these countries hindered their ability to export. They had to borrow large sums of money from international financial institutions to sustain their manufacturing and replace advanced imports. Without a steady income of US dollars to support their currencies, and with mounting debt, these countries were forced to submit to the IMF's neoliberal "structural adjustment" programs in exchange for loans, ending the import substitution era. As a result, they became debt colonies of the West.
This global economic structure ensures that the West remains at the top of the socio-economic hierarchy, benefiting from cheap goods produced in former colonies, while the local populations, especially in Africa, see little improvement in their living standards. Multinational corporations maintain a stronghold by establishing manufacturing hubs in places like Asia, such as Bangladesh, where large-scale production for Western markets occurs. While these countries export goods, they often serve little utility for local populations. Consequently, countries in the Global South are locked in a cycle of poverty and dependence, while the West continues to extract resources and profits from them, further deepening global inequality.
No Brain huuno. Consider the spectrum of Brain power chart. Whites are the end/opposite scale of Great brain, others close to white follow in a distant way- the asians probably half the spectrum end, chinese, indians, and poor lil Africans at the bottom of the sewage
NordicSomali
VIP
Lots of reasons.
Depends not all of Africa is like a Rwanda for example seems to be doing great. And outside of the west most of the global south is at similar levels.
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If you want a good read then here you go
That comment was enough to show your ignorance when it comes to the topic of European-African relations and history
A few Notable Anti exploitation leaders, activist, authors and presidents who have been assassinated or overthrown include:
Patrice Lumumba - First Prime minister of Congo. Assassinated by MI6, CIA and western colonial mining corporations
Dag Hammaskjold - UN secetary General, on his way to Congo his plane was shot down by Colonial mining firms.
Thomas Sankara - Anti Colonial President of Burkina Faso, Killed in a French backed coup.
Barthemly Boganda - Anti Colonial first president of Central African Republic, plane shot down by French imperialist.
David Dako - Succeedor to Barthemly Boganda, overthrown in French backed coup.
Adams Unaji - Leader of the 'Occupy Nigeria' movement in 2013. Poisoned moments before his interview with news team.
Felix Moumie - Anti Colonial activist who strived to end neo-colonialism in Cameroon. Poisoned by France
Marthe Moumie - Wife of Felix, published a book about France assassinating her husband. Found dead and raped in her home
Osende Afana - Leader of an Anti colonial exploitation movement in beheaded and flown around to scare his companions.
Abdel Kingue - Lawyer and activist, friend with Felix and Osende, shot to death by France
Kudirat Abiola - Wife of MKO Abiola, shot to death by the orders of Imperialist.
MKO Abiola - MKO Abiola, Nigerian president poisoned by US diplomat Susan Rice for wanting Nigeria to end the looting of Oil.
Dele Giwa - Nigerian journalist, house bombed by imperialist mining firms.
Amiclar Cabral - Guinea Bissau activist and diplomat shot to death by a Portugal
John Magufuli - "Mysterious" death after banning mineral and gold exports from Tanzania
Sylvanus Olympio - First President of Togo, Anti colonial exploitation. Executed by French Imperialist
Mohammed boudiaf - Algerian Politician againts the exploitation of Algeria, assassinated by France
William Richard tolbert - Liberian President who wanted less US influence/exploitation of Liberian resources
Melichior Ndadaye - President of Burundi overthrown in a French backed coup after ending exploitation
Ibrahim Barre - President of Niger shot in a French funded coup after trying to utilise Niger's resources.
Cyprien Ntaryamira - Plane was shot down to prevent him and Juvenal Habyarimana ending exploitation of their nations
Ruben Um Nyobe - Leader of the Cameroon independence movement, to end the CFA franc and exploitation. Killed by France.
Samora Machel - Leader of Mozambique, anti exploitation and was executed in a French backed Coup
Steve Biko - Activist and leader in South Africa, stood up to colonialism and was anti apartheid, tortured to death
Maurcie Audin - Algerian Mathematician who stood up to France still exploiting Algeria after "independence". Tortured to death
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