Walter Rodney: Trading

Walter Rodney was Guyanese politician, activist and historian. Explore interesting quotes on trading.
Walter Rodney: 100 quotes4 likes

“One of the common means by which one nation exploits another and one that is relevant to Africa’s external relations is exploitation through trade. When the terms of trade are set by one country in a manner entirely advantageous to itself, then the trade is usually detrimental to the trading partner. To be specific, one can take the export of agricultural produce from Africa and the import of manufactured goods into Africa from Europe, North America, and Japan. The big nations establish the price of the agricultural products and subject these prices to frequent reductions. At the same time the price of manufactured goods is also set by them, along with the freight rates necessary for trade in the ships of those nations. The minerals of Africa also fall into the same category as agricultural produce as far as pricing is concerned. The whole import-export relationship between Africa and its trading partners is one of unequal exchange and of exploitation.”

Walter Rodney book How Europe Underdeveloped Africa

Source: How Europe Underdeveloped Africa (1972), p. 38.

“In speaking of the European slave trade, mention must be made of the U. S. A., not only because its dominant population was European but also because Europe transferred its capitalist institutions more completely to North America than to any other part of the globe, and established a powerful form of capitalism—after eliminating the indigenous inhabitants and exploiting the labor of millions of Africans.”

Walter Rodney book How Europe Underdeveloped Africa

Source: How Europe Underdeveloped Africa (1972), p. 134.

“The principal contradiction within capitalism from the outset was that between the capitalists and the workers. To keep their system going, the capitalists had constantly to step up the rate of exploitation of their workers. At the same time, European workers were gaining increasing mastery over the means of production in the factories and mines, and they were learning to work collectively in big enterprises and within their own trade union structures. If the bourgeoisie continued to deprive them of the major part of the fruits of their own labor and to oppress them socially and politically, then those two classes were set on a collision path. Ever since the mid-nineteenth century, Marx had predicted class collision would come in the form of revolution in which workers would emerge victorious. The capitalists were terribly afraid of that possibility, knowing full well that they themselves had seized power from the feudal landlord class by means of revolution.”

Walter Rodney book How Europe Underdeveloped Africa

Source: How Europe Underdeveloped Africa (1972), p. 314.

“Today, the Italians have (hard) wheat foods like spaghetti and macaroni as their staple, while most Europeans use the potato. The Italians took the idea of the spaghetti-type foods from the Chinese noodle after Marco Polo returned from travels there, while Europe adopted the potato from American Indians. In neither case were Europeans enslaved before they could receive a benefit that was the logical heritage of all mankind, but Africans are to be told that the European slave trade developed us by bringing us maize and cassava.”

Walter Rodney book How Europe Underdeveloped Africa

Source: How Europe Underdeveloped Africa (1972), p. 156.

“There were no roads connecting different colonies and different parts of the same colony in a manner that made sense with regard to Africa’s needs and development. All roads and railways led down to the sea. They were built to extract gold or manganese or coffee or cotton. They were built to make business possible for the timber companies, trading companies, and agricultural concession firms, and for white settlers. Any catering to African interests was purely coincidental.”

Walter Rodney book How Europe Underdeveloped Africa

Source: How Europe Underdeveloped Africa (1972), p. 327.

“Development means a capacity for self-sustaining growth. It means that an economy must register advances which in turn will promote further progress. The loss of industry and skill in Africa was extremely small, if we measure it from the viewpoint of modern scientific achievements or even by standards of England in the late eighteenth century. However, it must be borne in mind that to be held back at one stage means that it is impossible to go on to a further stage. When a person was forced to leave school after only two years of primary school education, it is no reflection on him that he is academically and intellectually less developed than someone who had the opportunity to be schooled right through to university level. What Africa experienced in the early centuries of trade was precisely a loss of development opportunity, and this is of the greatest importance.”

Walter Rodney book How Europe Underdeveloped Africa

Source: How Europe Underdeveloped Africa (1972), p. 159-160.

“For most European capitalist states, the enslavement of Africans had served its purpose by the middle of the nineteenth century; but for those Africans who dealt in captives the abrupt termination of the trade at any given point was a crisis of the greatest magnitude.”

Walter Rodney book How Europe Underdeveloped Africa

Source: How Europe Underdeveloped Africa (1972), p. 221.

“The mulatto sons of white traders and the sons of African rulers were the ones who made the greatest effort to learn the white man’s ways. This helped them to conduct business more efficiently. One Sierra Leone ruler in the eighteenth century explained that he wished “to learn book to be rogue as good as white man”; and there were many others who saw the practical advantages of literacy. However, the educational process also meant imbibing values which led to further African subjugation. One West African educated in this early period wrote a Ph. D. thesis in Latin justifying slavery. That was not surprising. The Reverend Thomas Thompson was the first European educator on the Gold Coast, and he wrote in 1778 a pamphlet entitled, The African Trade for Negro Slaves Shown to be Consistent with the Principles of Humanity and the Laws of Revealed Religion.”

Walter Rodney book How Europe Underdeveloped Africa

Source: How Europe Underdeveloped Africa (1972), p. 223.

“The writer of the above lines (E. W. Bovill), a supposed European authority on the Western Sudan, then goes on to say that silent trade or dumb barter was a feature of the Western Sudan’s gold trade throughout all the centuries until modern times. Actually, the only thing dumb about the trade is what he writes about it. The story of dumb barter for gold in West Africa is repeated in several accounts, starting with ancient Greek scripts. It is clearly a rough approximation of the first attempts at exchange of a people coming into contact with strangers, and it was not a permanent procedure.”

Walter Rodney book How Europe Underdeveloped Africa

Source: How Europe Underdeveloped Africa (1972), p. 92.