
President Obama on his visit to Ghana: “The African continent is a place of extraordinary promise as well as challenges. We’re not going to be able to fulfill those promises unless we see better governance.”
We’re not going to fulfill those promises either by clinging to our tariffs and dumping our agriculture products so cheaply on the African market either though. I know that governments like to point out the problems with corruption in many African countries as a way of saying that we in the Western world can’t do anything to stop poverty as long as the people in African countries live in corrupt systems. We also like to throw hissy fits when it comes to tariffs imposed against our business.
I’m not sure where I stand exactly on the political spectrum of things: am I a socialist or a liberal or an – in theory impossible – hybrid of the two? I do know that when reading Adam Smiths‘ Wealth of the Nations (which gave birth to economic liberalism) I wonder how economic liberalism has strayed so far from its Genesis. Smith posed the thesis that a free market would be more beneficial to society and as a testament to his vision: with society he meant the society of the entire world. Nowadays we like to preach about liberty and economic freedom but we refrain from actually practising it. We’re forcing African countries to accept our produce, but are imposing walls when it comes to African produce entering the European market. Not very liberal and I’m not sure that’s the kind of European Union our founding father Jean Monnet envisioned when he drafted his plans for Europe.
Dropping the tariffs we impose against agricultural products from African countries and stopping the subsidising of our own farmers (which we are forbidding African countries to do themselves) would mean that our European farmers would face very difficult times indeed. It would mean loss of jobs, loss of income and it generally would be a BAD thing for the European economy. It would also be the RIGHT thing to do. Sometimes going against your own best interest in order to do something in the best interest of the world as a whole is the thing to do even if it is a hard sell to your own voters. We won’t feel the immediate positive impact of such an act, but it will make the difference in 50 years.









