"Africa is poor because its investors and its creditors are unspeakably rich"
About this Quote
The phrase “unspeakably rich” isn’t just emphasis, it’s an accusation. “Unspeakable” suggests that the scale of the wealth is indecent, beyond normal democratic language, the kind of fortune that has to be sanitized into euphemisms like “development,” “risk,” and “aid.” Klein’s subtext is that poverty and wealth are not separate conditions to be managed in parallel; they are linked states produced by the same system. Her target isn’t individual greed so much as the architecture of debt, structural adjustment, commodity dependence, and capital flight that allows money to leave faster than it arrives.
Context matters: Klein writes in the long shadow of 1980s-90s IMF/World Bank policies, privatization drives, and the post-2000 branding of “Africa rising,” where investment narratives often mask who bears the cost of volatility and repayment. The sentence is deliberately blunt because it’s meant to puncture a pious consensus. If investors and creditors are “unspeakably rich,” then the polite story about benevolent capital starts to sound less like economics and more like alibi.
Quote Details
| Topic | Wealth |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Klein, Naomi. (2026, January 16). Africa is poor because its investors and its creditors are unspeakably rich. FixQuotes. https://fixquotes.com/quotes/africa-is-poor-because-its-investors-and-its-134235/
Chicago Style
Klein, Naomi. "Africa is poor because its investors and its creditors are unspeakably rich." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/africa-is-poor-because-its-investors-and-its-134235/.
MLA Style (9th ed.)
"Africa is poor because its investors and its creditors are unspeakably rich." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/africa-is-poor-because-its-investors-and-its-134235/. Accessed 21 Feb. 2026.








