EUROPEAN VAMPIRISM: The Pervasively Savage War Against Blacks - Jacob Zuma Says That Europe Sucked Wealth From Africa And Is In Debt To The Continent!
May 28, 2013 - SOUTH AFRICA - In a wide-ranging interview with Sophie Shevardnadze of Russia Today (RT), Jacob Zuma, president of South Africa said Europe sucked wealth from Africa, and is in debt to the continent.
Zuma synthesizes data about the outflow of Africa’s wealth, to reveal Europe's role in the structural factors behind the continent’s ongoing underdevelopment. The flow of wealth out of sub-Saharan Africa to Europe occurs primarily through exploitative debt and finance, phantom aid, capital flight, unfair trade, and distorted investment.
Although the resource drain from Africa dates back many centuries—beginning with unfair terms of trade, amplified through slavery, colonialism, and neocolonialism—today, neoliberal (free market) policies are the most direct causes of inequality and poverty. They tend to amplify preexisting class, race, gender, and regional disparities and to exacerbate ecological degradation. Reversing this outflow is just one challenge in the struggle for policy measures to establish a stronger funding base for the African economic sector.
WATCH: Jacob Zuma - "Europe Sucked Wealth From Africa And Is In Debt To Continent!"
Zuma synthesizes data about the outflow of Africa’s wealth, to reveal Europe's role in the structural factors behind the continent’s ongoing underdevelopment. The flow of wealth out of sub-Saharan Africa to Europe occurs primarily through exploitative debt and finance, phantom aid, capital flight, unfair trade, and distorted investment.
Although the resource drain from Africa dates back many centuries—beginning with unfair terms of trade, amplified through slavery, colonialism, and neocolonialism—today, neoliberal (free market) policies are the most direct causes of inequality and poverty. They tend to amplify preexisting class, race, gender, and regional disparities and to exacerbate ecological degradation. Reversing this outflow is just one challenge in the struggle for policy measures to establish a stronger funding base for the African economic sector.
WATCH: Jacob Zuma - "Europe Sucked Wealth From Africa And Is In Debt To Continent!"
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