“The resourcefulness of West African market women is well known, but it was put to petty purposes. The problem posed to capitalists and workers in Europe while making insecticide from African pyrethrum was one requiring that resourcefulness be expressed in a technical direction. But the problem posed to an African market woman by the necessity to make a penny more profit on every tin of imported sardines was resolved sometimes by a little more vigor, sometimes by a touch of dishonesty, and sometimes by resort to “juju."”

— Walter Rodney , book How Europe Underdeveloped Africa

Source: How Europe Underdeveloped Africa (1972), p. 365.

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The resourcefulness of West African market women is well known, but it was put to petty purposes. The problem posed to …" by Walter Rodney?

Walter Rodney 50

Guyanese politician, activist and historian 1942–1980

Related quotes

“1. The standard neoclassical model the formal articulation of Adam Smith's invisible hand, the contention that market economies will ensure economic efficiency provides little guidance for the choice of economic systems, since once information imperfections (and the fact that markets are incomplete) are brought into the analysis, as surely they must be, there is no presumption that markets are efficient.
2. The Lange-Lerner-Taylor theorem, asserting the equivalence of market and market socialist economies, is based on a misguided view of the market, of the central problems of resource allocation, and (not surprisingly, given the first two failures) of how the market addresses those basic problems.
3. The neoclassical paradigm, through its incorrect characterization of the market economies and the central problems of resource allocation, provides a false sense of belief in the ability of market socialism to solve those resource allocation problems. To put it another way, if the neoclassical paradigm had provided a good description of the resource allocation problem and the market mechanism, then market socialism might well have been a success. The very criticisms of market socialism are themselves, to a large extent, criticisms of the neoclassical paradigm.
4. The central economic issues go beyond the traditional three questions posed at the beginning of every introductory text: What is to be produced? How is it to be produced? And for whom is it to be produced? Among the broader set of questions are: How should these resource allocation decisions be made? Who should make these decisions? How can those who are responsible for making these decisions be induced to make the right decisions? How are they to know what and how much information to acquire before making the decisions? How can the separate decisions of the millions of actors decision makers in the economy be coordinated?
5. At the core of the success of market economies are competition, markets, and decentralization. It is possible to have these, and for the government to still play a large role in the economy; indeed it may be necessary for the government to play a large role if competition is to be preserved. There has recently been extensive confusion over to what to attribute the East Asian miracle, the amazingly rapid growth in countries of this region during the past decade or two. Countries like Korea did make use of markets; they were very export oriented. And because markets played such an important role, some observers concluded that their success was convincing evidence of the power of markets alone. Yet in almost every case, government played a major role in these economies. While Wade may have put it too strongly when he entitled his book on the Taiwan success Governing the Market, there is little doubt that government intervened in the economy through the market.
6. At the core of the failure of the socialist experiment is not just the lack of property rights. Equally important were the problems arising from lack of incentives and competition, not only in the sphere of economics but also in politics. Even more important perhaps were problems of information. Hayek was right, of course, in emphasizing that the information problems facing a central planner were overwhelming. I am not sure that Hayek fully appreciated the range of information problems. If they were limited to the kinds of information problems that are at the center of the Arrow-Debreu model consumers conveying their preferences to firms, and scarcity values being communicated both to firms and consumers then market socialism would have worked. Lange would have been correct that by using prices, the socialist economy could "solve" the information problem just as well as the market could. But problems of information are broader.”

Joseph E. Stiglitz book Whither Socialism?

Source: Whither Socialism? (1994), Ch. 1 : The Theory of Socialism and the Power of Economic Ideas

“No more mine-laying. No more murder. No more abduction of women and children. No more attacks on headmen. No more raids across the border. So long as these conditions do not exist there will be no withdrawal [from South-West Africa] of South African troops.”

P. W. Botha (1916–2006) South African prime minister

As Prime Minister to the House of Assembly, 8 March 1979, as cited in PW Botha in his own words, Pieter-Dirk Uys, 1987, p. 65

“He is the most consistently successful South African movie maker around, firmly cornering the giggle market.”

Jamie Uys (1921–1996) South African film director

Jani Allan, "(Still) letting the good times roll", Sunday Times (1979), republished in Face Value by Jani Allan.

“Market economy implies a self-regulating system of markets; in slightly more technical terms, it is an economy directed by market prices and nothing but market prices.”

Karl Polanyi book The Great Transformation

The Great Transformation (1944), Ch. 4 : Societies and Economic Systems

“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.

“Ethiopia did not have the same problem [of corruption]. African leaders looked at us with envy.”

Mengistu Haile Mariam (1937) Former dictator of Ethiopia

As quoted in "Mengistu blames Meles for helping Eritrea at UN to split Ethiopia: Mengistu Haile-Mariam speaks", in Jimma Times (30 July 2010) http://www.jimmatimes.com/article/Latest_News/Latest_News/Mengistu_blames_Meles_for_helping_Eritrea_at_UN_to_split_Ethiopia/33629

“On a more personal note, I see many similarities between India's Dalit problems and the African-American problems that have rocked the US since its beginnings. For this reason, I personally take Dr. Ambedkar as one of my heroes.”

David Mumford (1937) American mathematician

David Mumford. " 'All men are created equal'? http://www.dam.brown.edu/people/mumford/blog/2015/AllMen.html," at dam.brown.edu/people/mumford/blog, June 16, 2015.

“[It] is all about the African woman, her beauty and how she makes herself beautiful. An African woman is therefore not to be messed up with or looked down upon because she’s feminine. Even though she’s beautiful, she’s strong and has a sense of pride.”

Muma Gee (1978) Nigerian singer and songwriter

In " The role Emeka Ike played in my marriage http://www.vanguardngr.com/2013/06/the-role-emeka-ike-played-in-my-marriage/" by Opeoluwani Ogunjimi on vanguardngr.com, June 15, 2013: On her song "African Woman Skillashy"

“Problem-posing education affirms men and women as beings in the process of becoming.”

Paulo Freire (1921–1997) educator and philosopher

Pedagogia do oprimido (Pedagogy of the Oppressed) (1968, English trans. 1970)

“The moment that the topic of the pre-European African past is raised, many individuals are concerned for various reasons to know about the existence of African “civilizations.” Mainly, this stems from a desire to make comparisons with European “civilizations.” This is not the context in which to evaluate the so-called civilizations of Europe. It is enough to note the behavior of European capitalists from the epoch of slavery through colonialism, fascism, and genocidal wars in Asia and Africa. Such barbarism causes suspicion to attach to the use of the word “civilization” to describe Western Europe and North America.”

Walter Rodney book How Europe Underdeveloped Africa

Source: How Europe Underdeveloped Africa (1972), p. 53.

Help us to complete the source, original and additional information

Walter Rodney 50

Related quotes

Related topics