[An important and detailed look at Washington’s Obama-era African policy initiatives. Lengthy, but well worth reading. The conclusions drawn from the information provided are the author’s, and do not necessarily imply Frontlines’ perspective. — Frontlines ed.]

Graphic from The Economist
by Patrick Bond, Address to the Muslim Youth Movement 40th Anniversary Conference, University of KwaZulu-Natal, Durban, September 30, 2012. Article was posted at Links International Journal of Socialist Renewal with the author’s permission.
At a time when popular revolutions are sweeping the globe, the United States should be strengthening, not weakening, basic rules of law and principles of justice enumerated in the Universal Declaration of Human Rights. But instead of making the world safer, America’s violation of international human rights abets our enemies and alienates our friends. – Former US president Jimmy Carter, 25 June 2012, New York Times
US actions since 9/11 represent the final stage in the US’s century-long effort to complete the project of making US-led globalization a concrete reality across the world through three historical moments: 1) the attempted creation of a global Monroe doctrine between 1898 and 1919; 2) the Roosevelt administration’s creation of the Bretton Woods Institutions – the World Bank and IMF – and the UN; and 3) globalization – the US-led effort to establish a new global regime based on free trade, deregulation, and privatization. – Neil Smith, The Endgame of Globalization, 2005
The US Assistant Secretary of State for Africa and former three-time ambassador, Johnnie Carson, was feted by Brooks Spector recently at Daily Maverick, in an article entitled “America’s Mr Africa”. While it is always fitting to honour African-Americans who persevere to the top despite that country’s deep internal racism, Spector makes contentious political and economic claims about the “new” US Africa policy. “For some observers at least”, he says, “Barack Obama’s new partnership with Africa was announced in his speech in Accra [July 11, 2009], when he declared the era of the authoritarian African big man to be over – kaput!”[1] As described below, however, Washington has maintained extremely cozy relationships with a variety of African dictators.
Spector then endorses Carson’s claims that “US interests in the continent fundamentally stem from its interest in strengthening trade to help African states grow their economies and meet development needs”, and that “the US wants to work with African nations to strengthen democratic institutions, good governance and efforts to stamp out corruption [and] to spur economic growth through market-driven, free trade principles”. Sorry, but we recall Washington’s deregulatory support for Wall Street’s market-driven binge, which in 2008-09 contributed to the worst global economic crash in 80 years, resulting in around a million South African job losses. We know that only the wealthy recovered so far, and that in the US, the top 1 per cent received 93 per cent of all new income since 2009, because the system wasn’t fixed. And who can forget White House hypocrisy when it comes to vast and often illegal US agro-corporate subsidies which continue to thwart African production? And is there any capital city whose political system is more corrupted by corporate (especially banking) campaign contributions than Washington, resulting in such extreme malgovernance that Obama cannot even make an effort to convict a single banker for world-historic economic misdeeds?
Spector’s most flawed assumption is that by increasing trade with (and vulnerability to) the world economy, “Africa” grows. Although a few elites have certainly grown rich from extraction, the opposite is more true, if we make a simple, rational adjustment to GDP: incorporating the wasting of Africa’s “natural capital” (a silly phrase but one used increasingly by powerbrokers eyeing the ‘Green Economy’). Measuring this loss is something that 10 African leaders agreed to start doing so in May, in the Gabarone Declaration initiated by Botswana president Ian Khama and the NGO Conservation International. The adjustment entails counting the outflow of natural capital (especially non-renewable mineral/petroleum resources) not only as a short-term credit to GDP (via “output of goods” measuring the resources extracted and sold), but also as a long-term debit to the natural capital stocks, as non-renewable resources no longer become available to future generations. Number-crunch the resource depletion, and net wealth declines in Africa as well as the Middle East. Continue reading →