Africa’s Integration Imperative
Sub-Saharan Africa’s historical legacy of artificial and unmanageable colonial boundaries, ethnic antagonisms, and an appalling record of leadership failures has hampered its quest for economic integration. But a sector-by-sector approach, beginning with energy, could mitigate these handicaps.
Karl Marx predicted that states would wither away in anticipation of an idyllic communist society capable of auto-regulating economic imbalances and empowering the masses. So he would have been flabbergasted to see his prophecy realized, not by communism, but by the globalization of Anglo-American economic liberalism. Opening up markets to the free flow of capital, not the dictatorship of the proletariat, has rendered state power obsolete.
Karl Marx predicted that states would wither away in anticipation of an idyllic communist society capable of auto-regulating economic imbalances and empowering the masses. So he would have been flabbergasted to see his prophecy realized, not by communism, but by the globalization of Anglo-American economic liberalism. Opening up markets to the free flow of capital, not the dictatorship of the proletariat, has rendered state power obsolete.