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The Failure and Feasibility of Capitalism in Africa

Author : Kenneth Omeje
Publisher : Springer Nature
Page : 311 pages
File Size : 34,2 MB
Release : 2021-07-23
Category : Social Science
ISBN : 3030751708

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This book argues that capitalism has practically failed to deliver the long-desired economic transformation and inclusive development in postcolonial Africa. The principal factor that accounts for this failure is the prolific non-productive forms of capitalism that tend to be dominant in the African continent and their governance dimensions. The research explores how and why capitalism has failed in the African context and the feasibility of turning it around. The book meets the demands of diverse audiences in the fields of International Political Economy, Development Economics, Political Science, and African Studies. The author adopts an unconventional narrativist approach that makes the book amenable to general readership.

The Development of Capitalism in Africa

Author : John Sender
Publisher : Routledge
Page : 194 pages
File Size : 45,61 MB
Release : 2013-05-13
Category : Business & Economics
ISBN : 1136856722

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First published in 1986, this work challenges underdevelopment analyses of Africa’s past experiences and future prospects, and builds upon a very wide range of recent historical research to argue that the impact of Capitalism has resulted in economic progress and significant improvements in living standards. In marked contrast to the dependency approach, they propose that the important political and economic differences between the experiences of developing countries should be stressed and analysed. The argument is supported by a detailed look at the emergence since 1900 of capitalist social relations of production in nine different countries.

Africapitalism

Author : Uwafiokun Idemudia
Publisher : Routledge
Page : 166 pages
File Size : 33,17 MB
Release : 2019-04-01
Category : Business & Economics
ISBN : 1317194918

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Using theory, empirical research, and case studies, this book explores the changing nature of business in Africa and how businesses can actively contribute to the development of Africa. It uses (and critically analyses) the concept of Africapitalism – a management philosophy and movement which seeks to blend the best of African values and Western management theories as a basis for sustainable development in Africa – to understand the subtle factors that underpin business decisions in Africa. The collection of chapters in this book are organized around actors, issues, and reflections. They collectively present an account of Africapitalism, albeit from different perspectives and on different issues, and open up a new space for rethinking business and society relations in Africa from an Africapitalism perspective. Crucial is the critical engagement with both the discourse and practice of Africapitalism and its implications for sustainable development. It is anticipated that the challenges and opportunities highlighted by the book would be embraced by researchers, policy makers, and practitioners in the broad area of business and society in Africa. This multidisciplinary book will be valuable reading for advanced students, researchers and policymakers looking at business in society; corporate social responsibility; sustainable business; international business and African development.

The Politics of Africa's Economic Stagnation

Author : Richard Sandbrook
Publisher : Cambridge University Press
Page : 204 pages
File Size : 39,86 MB
Release : 1985-11-29
Category : Business & Economics
ISBN : 9780521319614

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Study of economic development, politics and steady state economy in Africa - discusses the disappointments of independence, democracy and the economic recession; explains the failure of capitalism and the post- colonialism economic implications; looks at political systems and the negative impact of personal rule (political leadership) in institutional framework, the economy (incl. Black market) and defence dependence; presents prospects and recommendations. Bibliography, map, statistical tables.

African Capitalism

Author : Paul T. Kennedy
Publisher : CUP Archive
Page : 252 pages
File Size : 48,66 MB
Release : 1988-09-30
Category : Business & Economics
ISBN : 9780521319669

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This 1988 book provides an analysis of African capitalism which offers a positive view of its role.

Develop Capitalism Africa

Author : John Sender
Publisher : Routledge
Page : 190 pages
File Size : 39,19 MB
Release : 2002-11-01
Category : Business & Economics
ISBN : 113583539X

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First published in 1986. Routledge is an imprint of Taylor & Francis, an informa company.

Africa and the Global System of Capital Accumulation

Author : Emmanuel O Oritsejafor
Publisher : Routledge
Page : 252 pages
File Size : 22,46 MB
Release : 2021-04-17
Category : Political Science
ISBN : 1000384586

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Africa and the Global System of Capital Accumulation offers a groundbreaking analysis of the strategic role Africa plays in the global capitalist economy. The exploitation of Africa’s rich resources, as well as its labor, make it possible for major world powers to sustain their authority over their own middle-class populations while rewarding African collaborators in leadership positions for subjecting their populations into poverty and desperation. Middle-class obsessions such as computers, mobile phones, cars and the petroleum that fuels them, diamonds, chocolate – all of these products require African resources that are typically obtained by child or slave labor that helps to generate billionaires out of foreign investors while impoverishing most Africans. Oritsejafor and Cooper demonstrate that "primitive accumulation," believed by both Adam Smith and Karl Marx to be a process that precedes capitalism, is actually an integral part of capitalism. They also validate the thesis that capitalism incorporates racism as an organizing tool for the exploitation of labor in Africa and on a global scale. Case studies are presented on Nigeria, Cote d’Ivoire, Ghana, Liberia, Congo, Tanzania, Somalia, Angola, Namibia, Sao Tome and Principe, and South Sudan. There are also chapters analyzing the interests of Russia and China in Africa. This book will be of interest to students and scholars of African politics, development, and economics.