“The result of neo-colonialism is that foreign capital is used for the exploitation rather than for the development of the less developed parts of the world. Investment under neo-colonialism increases rather than decreases the gap between the rich and poor countries of the world.”
Quote by Kwame Nkrumah
Work
Neo-colonialism: The Last Stage of Imperialism
This book delves into the complex interplay between former colonial powers and newly independent countries, examining the mechanisms through which economic and political influence is exerted. It provides an in-depth analysis of the historical context and contemporary manifestations of neo-colonialism, offering insights into its implications for global power structures. more
Author
Kwame Nkrumah
Kwame Nkrumah was a Ghanaian statesman, political theorist, and president of Ghana. He is widely recognized as the founding father of modern Ghana and the leader of the Pan-African movement. Born on September 21, 1909, in Nkran, Gold Coast (now Ghana), Nkrumah studied at the University of Cambridge and became involved in the Pan-African movement. In 1947, he returned to the Gold Coast and founded the Convention People's Party (CPP), which led to the country's independence from British rule in 1957. Nkrumah served as the first Prime Minister of Ghana from 1951 to 1957 and was later elected President for Life in 1960. His presidency was marked by a strong focus on African unity and economic development, but also by political repression and the eventual coup that overthrew him in 1966. Nkrumah was exiled to Guinea and later returned to Ghana, where he was assassinated on April 27, 1972. His legacy includes his contributions to the struggle for African independence and his vision for a united Africa. more
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