Overseas companies as transnational actors during the European conquest of Africa

Abstract

“William, when I went into the jungle, I was seventeen. When I walked out I was twenty-one. And, by God, I was rich!”Arthur Miller,Death of a Salesman, Act IFortunes magically and mysteriously made on vast continents overseas have tempted western entrepreneurs for generations, much as Uncle Ben tempted Willie Loman. But these exploits also involve machinations which appear sinister to a general public increasingly disturbed by the control giant corporations have over our daily lives. As long ago as 1900, John Hobson developed the theory that modern imperial expansion was the product of the manipulation of national foreign policies by the “Rand lords” and similar overseas financial operators. This idea was used by Lenin, Hilferding and others in their elaborations of the Marxist explanation of the nexus between economic forces and the political behaviour of states. Imperialism in tropical Africa was always seen as a key issue in this context. With the onset of decolonization and the struggle for development, questions of the history and the progress of imperialism have remained cogent subjects of intellectual controversy. The historical “scramble for Africa” and the process of colonization which followed created the basis for the modern political map of Africa and modern African political society. To what extent were these developments triggered or determined by the activities of private entrepeneurs? What relevance might the answer have for the contemporary study of international politics? This article seeks to explore these questions in the light of theories of transnational politics. At the same time, the problem of European expansion in Africa provides an important test for the transnational approach, as it relates to the overseas political activity of international business firms.