Compact with Africa, or dismantling and making Africa helpless?
The funny thing about the G20 Compact with Africa is that it is formulated by the same institutions that perpetuate underdevelopment in the continent. One cannot go to a doctor who repeatedly prescribes the wrong medication to his patients, worsening their illness instead of curing them. Global capitalism is the main cause of African underdevelopment. If Africa wants genuine development, it must reject advice from the so-called international community and its institutions.
“The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.” Joan Robinson
By Fekadu Bekele