This economy has always developed outside the limits of their knowledge. They have nothing more than an approximate, bookish acquaintance with the actual and potential resources of their country’s soil and mineral deposits; and therefore they can only speak of these resources on a general and abstract plane. After independence this under-developed middle class, reduced in numbers and without capital, which refuses to follow the path of revolution, will fall into deplorable stagnation. It is unable to give free rein to its genius, which formerly it was wont to lament, though rather too glibly, was held in check by colonial domination. The precariousness of its resources and the paucity of its managerial class forces it back for years into an artisan economy. From its point of view, which is inevitably a very limited one, a national economy is an economy based on what may be called local products. Long speeches will be made about the artisan class. Since the middle classes find it impossible to set up factories that would be more profit-earning both for themselves and for the country as a whole, they will surround the artisan class with a chauvinistic tenderness in keeping with the new awareness of national dignity, and which moreover will bring them in quite a lot of money. This cult of local products and this incapability to seek out new systems of management will be equally manifested by the bogging down of the national middle class in the methods of agricultural production which were characteristic of the colonial period.
The national economy of the period of independence is not set on a new footing. It is still concerned with the ground-nut harvest, with the cocoa crop and the olive yield. In the same way there is no change in the marketing of basic products, and not a single industry is set up in the country. We go on sending out raw materials; we go on being Europe’s small farmers who specialize in unfinished products.
Yet the national middle class constantly demands the nationalization of the economy and of the trading sectors. This is because, from their point of view, nationalization does not mean placing the whole economy at the service of the nation and deciding to satisfy the needs of the nation. For them, nationalization does not mean governing the state with regard to the new social relations whose growth it has been decided to encourage. To them, nationalization quite simply means the transfer into native hands of those unfair advantages which are a legacy of the colonial period.[\spoiler]