The spectacular discoveries of oil in offshore Guyana, with promises of a glowing future, must be tempered with what that future really means and with the realities of today. It appears that Guyana stands to receive $US300 million a year for the first five years after production commences and a little over that sum for the twenty years thereafter. The size of Guyana’s economy is $US1.2 billion. This means that Guyana’s economy will increase by one-fifth as a result of oil revenue. This will be a significant boost but by no means a spectacular transformation. This figure is probably based on production of 100,000 barrels a day. It may well be that Exxon will produce far more than that amount for various economic reasons. While all of this is in the future, Guyana has pressing economic and political problems that require immediate solutions.
The dismissal of thousands of sugar workers will intensify poverty and crime across Guyana, particularly in the areas affected by the closures. Communities will deteriorate, drug taking and alcohol abuse will intensify and the economy will suffer from reduced spending. All of this will impact negatively on economic growth for 2018. By the time divestment concludes and some job opportunities emerge, the damage to the communities and their inhabitants would already have occurred. There is no immediate potential investment in Guyana’s economy on a scale large enough to absorb the dismissed sugar workers, or even a portion of them, that will make a difference to their dire situation. Any impact that a new oil industry may have is at least ten years away. By this time, an entire generation of workers and their children will be lost to productive labour by a decade of deprivation.
The Russian Revolution, referred to as the ‘Great October Socialist Revolution,’ took place one hundred years ago on November 7 (October 25 on the calendar in force in Russia at the time). Although the revolution was inspired by noble ideas and ideals, mainly the elimination of exploitation and poverty and the creation of a party to represent the interests of the working class to do so, it did not survive the 20th century. China and Vietnam claim to be building ‘socialism’ with their own characteristics, while establishing capitalist economies. Once ‘progressive’ developing countries have all been ensnared by globalization and neoliberalism.
The ideas of colonial liberation were given a substantial impetus by the Russian Revolution. The defeat of fascism in 1945, the Independence of India in 1947 and the liberation of China in 1949 set the stage for the dismantling of the remainder of the British Empire. These were the major events that inspired the leaders of liberation movements all over the world, including Guyana. Along the way many of them absorbed the ideas of Marx, the theorist, and Lenin, the practitioner.
Last week the 27 year old Anthony Joshua dethroned 41 year old Wladimir Klitschko, the reigning world heavyweight boxing champion for the past 15 years. In the history of heavyweight boxing, Klitschko is one of the all-time greats. He would dominate a fight with sharp and powerful left jabs, keeping his opponent at bay, until he is able to land devastating right hooks or right crosses, sometimes in combinations, with lightning speed. Up until the fight, Joshua was merely a promising newcomer.
The fight began with Joshua taking away the offensive capability from Klitschko by himself utilizing the left jab repeatedly. Klitschko looked uncertain, retreating, his reflexes less than sharp, which were not good signs. The fight was close for much of the time, with Joshua falling to a right in the sixth round but weathering the storm. Thereafter it appeared that Klitschko was looking for an opportunity to land another right and gave up trying to win by scoring boxing points. This was a fatal mistake. It reduced his attention to his defence. The age difference showed and Klitschko’s stamina gave way. Starting with a vicious uppercut in the eleventh round through Klitschko’s open arms looking for that elusive right hook, rather than being in a defensive posture, Joshua delivered a flurry of punches from which Klitschko could not recover.
John Gladstone, the owner of Plantation Vreed-en-Hoop, was regarded as a prime mover for indentureship. In his now famous (or infamous) letter of 4 January, 1836, to recruiters in India, he painted a glowing picture of the possibilities: “They are furnished with comfortable dwellings and abundance of food….They have likewise an annual allowance of clothing sufficient and suitable for the climate; ….it may be fairly said they pass their time agreeably and happily…They have regular medical attendance whenever they are indisposed, at the expense of their employers. “
John Gladstone was guilty of monumental deception. After the Whitby and Hesperus deposited their 396 passengers on May 5, 1838, the first of 208,909, and the system was exposed, the British Anti-Slavery Society, in a statement said: “The whole system has been characterized by the grossest fraud and cruelty, and has been sustained by the most infamous tyranny and oppression.” It quotes Mr. Special Justice Anderson’s letter to the governor, that “many of them have actually been kidnapped” in “circumstances second only in atrocity to those connected with the African slave-trade.”
The announcement by the Government that the Wales Sugar Estate would be closed at the end of 2016 was the subject of a symposium at Moray House at Camp and Quamina Streets, the former home of the late David de Caires, the founding editor of Stabroek News. In opening the event, the Chair of Moray House Trust, Isabelle de Caires, noting the controversial nature of the issue and the passions it has generated in the midst of a general strike in the sugar industry, declared that it was not a political event but a debate with panelists and contributors being free to express whatever views they wished. Ms. de Caires pointed out that while some may wish to construe an organised public event on an important national issue as being politically motivated, silence could also be construed as a political statement.
The panelists were Jai Petam, who until a year ago served the sugar industry for 35 years, including in senior management positions generally and at Wales Estate over the past 18 years; Derrick Venture, of La Retraite/Stanleytown Cane Farmers Association for the past 35 years; Mark Khan, who has worked at Wales Estate for the past 30 years and is the plant foreman; Christopher Ram, accountant and lawyer and President of the Guyana Bar Association; Vicram Oditt, businessman and former Chair of the Board of Directors from 1993 to 2003. Guysuco declined participation but Mr. Tony Vieira, a member of the Board of Directors of Guysuco was present but in his personal capacity. And while the Government also did not participate, the Minister of Business, Mr. Dominic Gaskin, was present throughout the meeting. I am sure that these gestures were appreciated by members of the audience, including those from Wales. No doubt those who are passionately urging the Government to pause and reconsider are hoping that the Government is not only listening, but will also hear.