Africa and the Global System of Capital Accumulation

Africa and the Global System of Capital Accumulation PDF Author: Emmanuel O Oritsejafor
Publisher: Routledge
ISBN: 1000384586
Category : Political Science
Languages : en
Pages : 252

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Book Description
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.

Africa and the Global System of Capital Accumulation

Africa and the Global System of Capital Accumulation PDF Author: Emmanuel O Oritsejafor
Publisher: Routledge
ISBN: 1000384586
Category : Political Science
Languages : en
Pages : 252

Get Book Here

Book Description
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.

Accumulation in an African Periphery

Accumulation in an African Periphery PDF Author: Issa G. Shivji
Publisher: African Books Collective
ISBN: 9987080316
Category : Africa
Languages : en
Pages : 112

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Book Description
The "Washington consensus" which ushered in neo-liberal policies in Africa is over. It was buried at the G20 meeting in London in early April, 2009. The world capitalist system is in shambles. The champions of capitalism in the global North are rewriting the rules of the game to save it. The crisis creates an opening for the global South, in particular Africa, to refuse to play the capitalist-imperialist game, whatever the rules. It is time to rethink and revisit the development direction and strategies on the continent. This is the central message of this intensely argued book. Issa Shivji demonstrates the need to go back to the basics of radical political economy and ask fundamental questions: who produces the society's surplus product, who appropriates and accumulates it and how is this done. What is the character of accumulation and what is the social agency of change? The book provides an alternative theoretical framework to help African researchers and intellectuals to understand their societies better and contribute towards changing them in the interest of the working people.

Capital Accumulation and Economic Growth in Developing Africa

Capital Accumulation and Economic Growth in Developing Africa PDF Author: Petr Ivanovich Polʹshikov
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 216

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Book Description


Accumulation in an African Periphery

Accumulation in an African Periphery PDF Author: G. Shivji
Publisher: African Books Collective
ISBN: 9987081509
Category : Political Science
Languages : en
Pages : 112

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Book Description
The "Washington consensus" which ushered in neo-liberal policies in Africa is over. It was buried at the G20 meeting in London in early April, 2009. The world capitalist system is in shambles. The champions of capitalism in the global North are rewriting the rules of the game to save it. The crisis creates an opening for the global South, in particular Africa, to refuse to play the capitalist-imperialist game, whatever the rules. It is time to rethink and revisit the development direction and strategies on the continent. This is the central message of this intensely argued book. Issa Shivji demonstrates the need to go back to the basics of radical political economy and ask fundamental questions: who produces the society's surplus product, who appropriates and accumulates it and how is this done. What is the character of accumulation and what is the social agency of change? The book provides an alternative theoretical framework to help African researchers and intellectuals to understand their societies better and contribute towards changing them in the interest of the working people.

Capital Accumulation and Economic Growth in Developing Africa

Capital Accumulation and Economic Growth in Developing Africa PDF Author: Petr I. Pol'sikov
Publisher:
ISBN:
Category : Africa
Languages : en
Pages : 0

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Book Description


The Development of Capitalism in Africa

The Development of Capitalism in Africa PDF Author: John Sender
Publisher: Routledge
ISBN: 1136856722
Category : Business & Economics
Languages : en
Pages : 194

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Book Description
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.

Accumulation on a World Scale

Accumulation on a World Scale PDF Author: Samir Amin
Publisher:
ISBN: 9780835760027
Category : Economic development
Languages : en
Pages : 365

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Book Description


African Capitalism

African Capitalism PDF Author: Paul T. Kennedy
Publisher: CUP Archive
ISBN: 9780521319669
Category : Business & Economics
Languages : en
Pages : 252

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

Accumulation on a World Scale

Accumulation on a World Scale PDF Author: Samir Amin
Publisher:
ISBN: 9780855276317
Category : Developing countries
Languages : en
Pages : 637

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Book Description


International Law and the History of Resource Extraction in Africa

International Law and the History of Resource Extraction in Africa PDF Author: George Forji Amin
Publisher: Taylor & Francis
ISBN: 1000956490
Category : History
Languages : en
Pages : 313

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Book Description
This book investigates the historical economic and legal regimes that legitimated the resource extraction and exploitation of Africa between the 15th and 19th centuries and led to the continent’s trajectory of underdevelopment in the world system. The book interrogates the economic and legal structures that supported European intervention in Africa. It explores the trade and private property rights which were to shape the economic future of the continent, most notably the trade in human beings as legitimate private property by European powers. The book then looks at the techniques used to submerge African sovereignty under European sovereignty during the scramble for territorial control in the 19th century, concluding with the validation of occupation in international law following the 1884-85 Berlin Conference. The book argues that the doctrines of trade and property rights sanctioned by international law led to a trend of African dispossession that set the continent on a path to underdevelopment, with long-reaching consequences. This book will be of interest to researchers and students across law, history, economics, international relations, and African studies.