Now, I've had a chance to read this Libya In From The Cold article. It's quite interesting but misses a number of points. For example, in dealing with Libya v Al Qaeda, it completely ignores the recent al Zawahiri tape on the matter. But the general picture is correct. So far as exploitation by foreign capital is concerned, Europe is miles ahead of the USA: the best example I can think of being the provision of English teaching, which is an exclusively British/Irish affair, on the ground at least.
The quotation given as the title of this post is food for thought, (given what I've blogged elsewhere about the battling bureaucratic leviathans); it'd be interesting to see Lisa Anderson's rationale for that view, though.