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Thanks to the tsetse fly, the countries in which this beef is dumped – Cote d'Ivoire and Ghana – rear few cattle of their own. But these countries have long enjoyed trade with cattle farmers in the Sahel – Mali, Burkina Faso, Niger, Chad – directly to the north. Traditionally, herdsmen used to walk their animals, often for days, to markets in the Sahel where merchants bought them and drove them to the markets in the south. In recent decades, however, when the EU started dumping beef, the merchants have increasingly given up.

Banking and stock exchanges were institutionalized, industrial trade was organized across the globe and commerce placed at the centre of human affairs to such an extent that it transformed the collective mind from being state and church-oriented to being profit-motivated, and from being group- and religious-minded to being self-centred and worldly. Today new liberal theories are being hastily applied in grotesque attempts to keep the sinking ship of global capitalism afloat. Needless to say, the financial markets provide the testing ground for most of their destructive creativity, where old and new ways and means are experimented with, in ever-new efforts to suck just another drop of profit out of the socioeconomic body of humanity.

Such sad statistics are representative of the development in the other mentioned poor areas of the world as well, home to more than three quarters of us all. Let us leave those figures for now. They surely paint a very dismal picture and may not help us much in gaining a greater understanding of how we may generate a positive movement towards local self-reliance and constructive global cooperation. The capitalist mentality Before we leave the multinationals, we will reiterate our simple question: Why have the extremely powerful multinationals failed to do anything concrete to fix things in the poor areas of the world?

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A Look at Progress, Utilization and Theory by Trond Overland


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