Walter Rodney - Capitalist Quotes

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Like its progenitor, capitalism, fascism is totally opposed to socialism. Fascist Germany and Italy attacked both the other capitalist states and the Soviet Union, which was still the only socialist state in the world by 1939. The defeat of fascism was therefore a victory for socialism, and at the same time it preserved the other capitalist nations from having to take the historically retrograde step of fascism.

Walter Rodney
Capitalism has created its own irrationalities such as a vicious white racism, the tremendous waste associated with advertising, and the irrationality of incredible poverty in the midst of wealth and wastage even inside the biggest capitalist economies, such as that of the United States of America.

Walter Rodney
The efficient accounting and business methods which are supposed to characterize capitalist firms did not drop from the sky. They are the result of historical evolution, and in that evolution the exploitation of Africa played a key role

Walter Rodney
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
However, the peasants and workers of Europe (and eventually the inhabitants of the whole world) paid a huge price so that the capitalists could make their profits from the human labor that always lies behind the machines. That contradicts other facets of development, especially viewed from the standpoint of those who suffered and still suffer to make capitalist achievements possible. This latter group are the majority of mankind. To advance, they must overthrow capitalism; and that is why at the moment capitalism stands in the path of further human social development. To put it another way, the social (class) relations of capitalism are now outmoded, just as slave and feudal relations became outmoded in their time.

Walter Rodney
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
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 sub-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.

Walter Rodney
Slavery is useful for early accumulation of capital, but it is too rigid for industrial development. Slaves had to be given crude non-breakable tools which held back the capitalist development of agriculture and industry. That explains the fact that the northern portions of the U.S.A. gained far more industrial benefits from slavery than the South, which actually had slave institutions on its soil; and ultimately the stage was reached during the American Civil War when the Northern capitalists fought to end slavery within the boundaries of the U.S.A. so that the country as a whole could advance to a higher level of capitalism.

Walter Rodney
That is a profound revelation of the difference between capitalist and pre-capitalist societies; and when capitalism came into contact with the still largely communal African societies, it introduced money relations at the expense of kinship ties.

Walter Rodney
The capitalists misinformed and miseducated workers in the metropoles to the point where they became allies in colonial exploitation. In accepting to be led like sheep, European workers were perpetuating their own enslavement to the capitalists. They ceased to seek political power and contented themselves with bargaining for small wage increases, which were usually counter-balanced by increased costs of living. They ceased to be creative and allowed bourgeois cultural decadence to overtake them all. They failed to exercise any independent judgment on the great issues of war and peace, and therefore ended up by slaughtering not only colonial peoples but also themselves.

Walter Rodney
In the epoch of imperialism, the bankers became the aristocrats of the capitalist world

Walter Rodney
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
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
Europeans were anxious to acquire gold in Africa because there was a pressing need for gold coin within the growing capitalist money economy.

Walter Rodney
Fascism was a monster born of capitalist parents. Fascism came as the end-product of centuries of capitalist bestiality, exploitation, domination, and racism—mainly exercised outside Europe. It is highly significant that many settlers and colonial officials displayed a leaning towards fascism. Apartheid in South Africa is nothing but fascism.

Walter Rodney
All of the countries named as "underdeveloped" in the world are exploited by others; and the underdevelopment with which the world is now preoccupied is a product of capitalist, imperialist and colonialist exploitation.

Walter Rodney