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Imperialism Reading Group - How Europe Underdeveloped Africa, by Walter Rodney - Week 7

This is a weekly thread in which we read through books on and related to imperialism and geopolitics. Last week's thread is here.

The book we are currently reading through is How Europe Underdeveloped Africa. Please comment or message me directly if you wish to be pinged for this group, or if you no longer wish to be pinged.

This week, we will be reading the first section, "Expatriation of African Surplus under Colonialism", of Chapter 5: Africa's Contribution to the Capitalist Development of Europe - The Colonial Period.

Next week, we will be reading the second section, "The Strengthening of the Technological and Military Aspects of Capitalism" of Chapter 5: Africa's Contribution to the Capitalism Development of Europe - The Colonial Period.

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9 comments
  • Love in this chapter when he basically does the "privatize the profit, socialize the losses" meme but describes it for how imperialists applied it: "extract the profits, decrease African wages equal to every loss"

    Great book, idk what else to say. I found 3 pages of my handwritten notes about this chapter, and it's just really damn good, and if somebody has not caught up, I'd just start here and continue. It's such a good book and chapter 5 starts a whole new sort of section

9 comments