Iy
14.

16.
17.
18.
193

20.
21
22.

23;
24.
25.
26.

1
28.
29.
30.

31,

32.

33.

34.

68

See T. Szentes. ‘Status quo and Socialism’, in The Silent Class Struggle, op. cit.
In Africa, where the local private capital is generally very weak, state in-
tervention in the economy was inevitable. And one could not rule out the
possibility that such intervention might take the form of total nationalisation.
To forestall this possibility, among other things, the multinational cor-
porations welcomed association with state capital.

Quoted in Paul Semonin, ‘Nationalisations and Management in Zambia'. Maji
Maji (University of Dar es Salaam), No, 1 (1971), p. 23.

Ibid.,, p. 23.

‘A stake in Zambia’, 23rd August, 1969, p. 56.

Quoted by Semonin, op. cit, p. 19.

Pierre Jaleo, The Pillage of the Third World (New York: Monthly Review
Press, 1968) p. 82.

Andrew Coulson, ‘Blood Sucking Contracts’, p. 90 in this volume.
Ibid.

See, for instance, R. Hutchison, ‘How U.K. Firm exploited Tanzania’, in Daily
News, 26 and 27 July 1973. These articles expose the manipulations of the
U.K.’s Macmillan Co. which was in partnership with the N.D.C. in the local
company, the Tanzania Publishing House. The T.P.H. case once more
illustrates all the points we have made about the ‘results’ of partnership with
m.n.c.s.

To be discussed later in the paper,

See Coulson, ‘The Fertiliser Factory', Maji Maji No. 8 (1972), p. 26.
Semonin, ‘Nationalisations and Management in Zambia’', op. cit.,

This came out in a number of examples in the recent ‘laying down of tools’ in
Tanzania. Cf. Henry Mapolu, ‘The Workers Movement in Tanzania’, in Maji
Maji, No. 12 (1973).

Quoted by Coulson in ‘Blood-sucking Contracts’, op. cit.

Topic. Issue No. 59, p. 2.

Ibid., p. 7.

Cf. Ernest Mandel, Marxist Economic Theory (New York: Monthly Review
Press, 1969). Jalee The Pillage of the Third World: op. cit., Harry Magdoff. The
Age of Imperialism (New York: Monthly Review Press, 1969).

Bahman Nirumand, Iran: The new Imperialism in Action (New York: Monthly
Review Press, 1969). p. 106. The information on the fixing of the oil prices is
taken from the same source, pp. 105 — 6, The Observer, 17 February 1971, p.
11.

Quoted by Kidron Foreign Investments in India. op. cit., p. 227.

Cf. Semonin. op. cit. As Zulu, the Governor of the Bank of Zambia declared:
Before Mulungushi they minimised profits in order to pay less taxes. Now
they maximise profits to get them out of the country.” (quoted, ibid.)
Aart JM. van de Laar, ‘Foreign Business and Capital-Export from
Developing Countries.’, in J. Saul & L. Cliffe, Socialism in Tanzania, Vol. |
(Nairobi: East African Publishing House, 1972).