African Philosophy: Traditional Yoruba Philosophy and Contemporary African Realities

By Segun Gbadegesin | Go to book overview

8
CONTEMPORARY AFRICAN REALITIES:
THE POLITICO-ECONOMIC VIEW

The politico-economic view on contemporary African realities [CAR] in their relation to ultimate reality and meaning [URAM] sees CAR as a socio-economic issue which has little or nothing to do with religion or culture except in so far as the latter may also be given a politico-economic interpretation. On this view, an adequate understanding of CAR must take account of Africa's experience of colonialism and neo-colonialism and the natural consequence of its being drawn into the world capitalist system. A neocolonial state is one which is politically independent but economically dependent on its erstwhile colonial masters or other foreign interests. In such a state, the economy is controlled from outside, either directly or by the multinational corporations [MNC's] whose interest is mainly in the maximization of profits for developing the metropolis. The effectiveness of neocolonialism depends highly on the cooperation of the native agents in the neocolonial state. The domestic policies of the government must be tailored to the needs of the foreign controllers. Of course, the native agents have much at stake. They are not just being nice to foreign controllers. Rather they are partners in the business of exploiting the human and material resources of the country for their own interests. Thus the policy of indigenization cannot succeed because there are native agents who perceive their interest as lying in the continuation of foreign domination of the economy. Since these agents are either in government or have representatives in government, the policies of government are reflective of those interests. Criticism will stand in the way of good business; therefore, it cannot be tolerated. This explains why oil boom unnaturally passes into oil doom.

-189-

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