No, they don't. Heard of China? Growth in China? That shit makes capitalists giddy. And when the guys at Goldman Sachs are happy, your political elite smiles too. Would they like 800 million africans to become another china? Yes, they would. Industrialization of a nation does not make it's raw materials more expensive. Africa's cheap labour is of little use to the west (or china) (extraction of raw materials is not labour intensive, africas commercial agriculture is underdeveloped). Growth in africa would not hurt the evil imperialists.
Considering the catastrophe* de-colonization in africa has been the smugness of those who dismiss all ideas carrying the faintest whiff of colonialism is nauseating.
*Africa is the only continent on earth were falling levels of gdp per capita has been the norm in several countries. THis picture becomes bleaker if you consider the fact that the increase in gdp per capita is from resource extraction that brings little benefits to the people. De-colonization was a disaster on the scale of maos great leap forward.
There are clearly contrasting points of view about the benefits colonization of Africa. Those POVs which I've found insightful, as opposed to dogmatic or culturally biased, point out the assumption that modernization should be desirable to lesser developed nations is only an assumption, and not always one shared mutually.
cf. http://www.africaeconomicanalysis.org/articles/gen/neocoloni...
http://monthlyreview.org/100201hart-landsberg.php
http://mrzine.monthlyreview.org/2005/mhlpb300705.html
I agree that China "makes capitalists giddy", even though it developed with intense government planning. The Communist Party controls the unions, which the Washington Post said that Wal-Mart loves, in contrast to its hatred of more democratic US unions. (I'm sure that more corporations than just Wal-Mart are so giddy.) Workers capture very little of the GDP, compared to China's wealthy elite, and have lost much of their social support. And GDP is itself an ideological measure for many reasons; for example, it doesn't track systematic costs (so people getting cancer from pollution raises GDP).
You can look at Cambodia and Vietnam prior to the Vietnam war, and you can analyze the history of Central America to discover why all these places are basically third world still when they have had thriving economies at one time or another. The problem was they weren't thriving on the ideals of Capitalism, rather some of them adopted a socialist workers structure.
The issue is the structure of success and how it feeds into the powerful states and their corporations and not success itself. Success that is not wrapped by Capitalist values is very dangerous to the US, EU.
The reason everyone turned on Hugo Chavez after being a man named in Time's influential people list is that his socialist policies (especially the distribution of oil wealth away from large corporations) started being successful and other Southern American states were taking notice (combined with trade deals with China). Of course, since then he has been shown to be misguided in a number of things so I fear even mentioning him.
Technology will always provide cheaper manufacturing processes, and alternatives to raw material needs. But it doesn't provide for additional people demanding finished goods.
Likewise, wealthy nations also have vested interests in certain poor nations staying that way, since that arrangement yields very cheap labor, coltan, electronics recycling, diamonds, etc. Globalization has seen to it that poverty often doesn't exist in a vacuum any more.
Indeed, since the article already drops the term 'neo-colonial,' I don't see how the economic approach described should be considered anything but that. At least, it's a bit disingenuous to label this approach 'revolutionary.'