Page 117 - Afrika Must Unite
P. 117

102               AFRICA  MUST  UNITE

               make a profit, has nothing to do with aid. This does not mean that
               a  developing country may not find it  advantageous  to  make  a
               contract  with  a  foreign  company  for  the  setting  up  of,  say,  a
               factory or an industry.
                  Real aid is something quite different. It consists of direct gifts
               or loans that are given on favourable terms and without strings
               attached.
                  In other words,  the problem is how to obtain  capital-invest-
               ment and still keep it under sufficient control to prevent undue
               exploitation;  and  how  to  preserve  integrity  and  sovereignty
               without  crippling  economic  or  political  ties  to  any  country,
               bloc or system.
                  We  have  had  enough  of European monopoly  domination of
               our  economy.  We  have  emancipated  ourselves  politically,  and
               we have now to shake off the economic monopoly that was the
               objective  of foreign  political  control.  This  is  the  crux  of our
               economic policy, and the essential heart of our endeavours. For
               unless we  attain economic freedom,  our struggle for independ­
               ence will have been in vain, and our plans for social and cultural
               advancement  frustrated.  Hence  we  are  extremely  vigilant  in
               scenting  out  the  subtle  and  insidious  infiltrations  of  neo­
               colonialism  and  the  sabotage  of foreigners  enjoying  our  hospi­
               tality and the privilege of building economic enterprises in our
               midst.  In  furtherance  of  our  goal  of  unshackling  ourselves
               from  foreign  economic  domination,  we  are  creating  agencies
               which will  assist  in  breaking  through  this  alien  monopoly and
               stimulate  capital  accumulation  for  re-employment  in  wider
               development.
                  A country’s capital is, of course, also to be found in its body of
               technical, scientific and m anagerial knowledge,  as well as in its
               productive  capacity.  In  these  fields  we  have  to  acknowledge
               deficiencies which we know it will take time to wipe out. M ore­
               over,  the low rate of productivity makes our labour,  in spite of
               the  relatively  small  wages  it  receives,  quite  expensive.  At  the
               present time, low nutrition, a deficient sense of responsibility, the
               fear of being out of work, govern the rate at which work is per­
               formed. These factors are the environmental effects of historical
               circumstances. Tribal controls and taboos followed by the auto­
               cratic paternalism of colonialism have held in leash the sense of
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