Like in other African states, the ongoing public sector reforms in Botswana are to a large extent reflective of the deeper problems of imperialism. Colonialism not only dispossessed Third World nations of their enormous resources it also ensured that following political independence, a legacy of dependence prevailed. Hence economic independence between the master and the servant was sustained through economic structures that still promoted imperial interests. Essentially the colonial economic policy was informed by the ideology of tying these former colonies to international capital. Such a strategy simply meant that colonial natural resources were not creating meaningful value necessary for industrialisation and employment creation. This paper argues that it is from the lack of industrial base that post-colonial countries have become vulnerable to the whims of imperialism, thus the need to embrace neoliberal ideology that sees the public sector as another avenue for attracting foreign investment and creating employment. Yet in fact the neoliberal policy is another disguise of accumulation from the poor by the rich western powers.

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