
5 May, 2010Africa: The political economy of Africa has taken another dark turn staggering under the three crises of economy, food and climate. These three crises are interdependent and find their origin in the current system of accumulation and plundering of resources by large transnational corporations. Developing a response to any of these crises can not be done in isolation to the others and hoping to be rescued by the Global North is a strategy that has historically delivered little more than empty promises. Industrialisation, decent work and strong trade unions ensuring fair production and fair trade are prerequisites to addressing poverty in Africa and averting a deepening humanitarian disaster.