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It is the practice of monopoly concerns to move into new fields which supplement or even replace their old business. That is necessary to avoid their entire capital from being tied up in products that go out of fashion.

— Walter Rodney How Europe Underdeveloped Africa (1972)

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More quotes by Walter Rodney

In the epoch of imperialism, the bankers became the aristocrats of the capitalist world.

How Europe Underdeveloped Africa (1972)

A country’s wealth comes not from taxes but from production.

How Europe Underdeveloped Africa (1972)

For the only great men among the unfree and the oppressed are those who struggle to destroy the oppressor.

How Europe Underdeveloped Africa (1972)

To put it another way, the social (class) relations of capitalism are now outmoded, just as slave and feudal relations became outmoded in their time.

How Europe Underdeveloped Africa (1972)

The first prerequisite for mastery of the environment is knowledge of that environment.

How Europe Underdeveloped Africa (1972)

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Attribution

Quote text and notes from Wikiquote: Walter Rodney (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.