"When the Portuguese and the Spanish were still in command of a major sector of world trade in the first half of the seventeenth century, they engaged in buying cotton cloth in India to exchange for slaves in Africa to mine gold in Central and South America. Part of the gold in the Americas would then be used to purchase spices and silks from the Far East. The concept of metropole and dependency automatically came into existence when parts of Africa were caught up in the web of international commerce. On the one hand, there were the European countries who decided on the role to be played by the African economy; and on the other hand, Africa formed an extension to the European capitalist market. As far as foreign trade was concerned, Africa was dependent on what Europeans were prepared to buy and sell."
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Walter Rodney
Walter Rodney (23 March 1942 – 13 June 1980) was a prominent Guyanese historian, political activist and preeminent scholar, who was assassinated in Guyana in 1980.
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