Home » Archives » June 2005 » Salih Booker on Africa Debt: The Poorest Regions in the World Have Subsidized the Richest
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06/10/2005:
"Salih Booker on Africa Debt: The Poorest Regions in the World Have Subsidized the Richest"
...The chronic famine that a number of countries face, like Ethiopia or Eritrea, the food insecurity, is just a symptom of the larger issue of the growing disparities between this wealthy minority represented by the G8, the leaders who will meet in Scotland next month, and the vast majority of the world, as indicative of the plight facing so many Africans on the continent. When you have this rich minority in a position of absolute control over the institutions of global governance, like the World Bank or the I.M.F., the U.S. being allowed to appoint the president of an international institution like the World Bank, the Europeans have their pick in appointing the president of the I.M.F. Then you understand that we live in political economy of essentially global apartheid, international minority rule, where this tiny minority of rich states are dictating economic rules, political rules that the rest of the world must follow if it’s going to have access essentially to financing for development. But, again, this issue of how famine in Africa is manipulated by the Bush administration to show its compassionate side, that's exactly what yesterday's press conference was all about. It appeals to the worst of American ignorance to this racist preconception of Africa as a continent just of starving people and, gee, isn't the United States generous in giving more food assistance, as a way of denying the real role of the United States and other rich countries in impoverishing Africa and in dictating the economic terms, whether it’s trade, whether it is investment, whether it is access to development resources.Full: democracynow.org