Colonialism Quote by Kwame Nkrumah
“The result of neo-colonialism is that foreign capital is used for the exploitation rather than for the development of the less developed parts of the world. Investment under neo-colonialism increases rather than decreases the gap between the rich and poor countries of the world.”
About This Quote
Source Speech: Address to the United Nations General Assembly, 1963
Neo‑colonialism uses foreign investment to exploit, widening wealth gaps instead of fostering development.
In simple terms: Foreign aid can deepen inequality.
Key Takeaway
Promote fair, self‑determined economic policies.
Themes
economics
inequality
colonialism
development
Mood
critical
concerned
Type
political
analytical
When to use this quote
- policy reform
- debt relief
- local entrepreneurship
- trade agreements
Key Concepts
dependency theory
globalization
resource extraction
Questions to Reflect On
- What alternatives exist to exploitative investment?
- How can nations retain economic sovereignty?
A Different Perspective
May overlook local agency and capacity.
