this post was submitted on 20 Feb 2025
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lmao 14 countries are forced to use France's central bank. Do you think Africa sells you labor and resources for pennies instead of developing their means of production because they just love stripping their country of resources for you?
You should kind of read your links, you know? Doesn’t write a singular word ab how these 14 countries were aggressively forced to use the stable cfc instead of the hyper-inflating rand
I don’t see the link or the example where their resources are unjusty pilfered! I too can make definitive statements you know? American chedar is scientifically the grossest cheese!
Wait, you really don't know about neocolonialism?
Also American cheeses as a whole are extremely mid, you're not going to find anyone defending that shit out outside of Wisconsin.
It literally doesn't, scroll down.
The investment is in maintaining systems that keep resources flowing out as cheaply as possible. Yall aren't sending dictators arms out of the goodness of your hearts.
Neocolonialism was used to describe a type of foreign intervention in countries belonging to the Pan-Africanist movement, as well as the Asian–African Conference of Bandung (1955), which led to the Non-Aligned Movement (1961). Neocolonialism was formally defined by the All-African Peoples' Conference (AAPC) and published in the Resolution on Neo-colonialism. At both the Tunis conference (1960) and the Cairo conference (1961), AAPC described the actions of the French Community of independent states, organised by France, as neocolonial.[39][40]
The politician Jacques Foccart, the principal adviser for African matters to French presidents Charles de Gaulle (1958–1969) and Georges Pompidou (1969–1974), was the principal proponent of Françafrique.[41]
The works of Verschave and Beti reported a forty-year, post-independence relationship with France's former colonial peoples, which featured colonial garrisons in situ and monopolies by French multinational corporations, usually for the exploitation of mineral resources. It was argued that the African leaders with close ties to France—especially during the Soviet–American Cold War (1945–1992)—acted more as agents of French business and geopolitical interests than as the national leaders of sovereign states. Cited examples are Omar Bongo (Gabon), Félix Houphouët-Boigny (Ivory Coast), Gnassingbé Eyadéma (Togo), Denis Sassou-Nguesso (Republic of the Congo), Idriss Déby (Chad), and Hamani Diori (Niger)
Nestle is Swiss.
Third heading down, "former colonial powers and Africa"
Blackrock owns 4%. The majority of its shares are held by the Swiss. It is headquartered in Switzerland.
We're getting in the weeds, the point is that Europe's actions maintain an incredibly unbalanced trade with Africa; colonialism never ended, it just took on a different form. America does this too.