The Failure and Feasibility of Capitalism in Africa PDF Download
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Author: Kenneth Omeje
Publisher: Springer Nature
ISBN: 3030751708
Category : Social Science
Languages : en
Pages : 311
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Book Description
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.
Author: John Sender
Publisher: Routledge
ISBN: 1136856714
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.
Author: Kenneth Omeje
Publisher: Springer Nature
ISBN: 3030751708
Category : Social Science
Languages : en
Pages : 311
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Book Description
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.
Author: John Iliffe
Publisher: Springer
ISBN: 1349172294
Category : Social Science
Languages : en
Pages : 121
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Book Description
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.
Author: David A. McDonald
Publisher: Routledge
ISBN: 1136567631
Category : Business & Economics
Languages : en
Pages : 530
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Book Description
Although Africa is the most under-supplied region of the world for electricity, its economies are utterly dependent on it. There are enormous inequalities in electricity access, with industry receiving abundant supplies of cheap power while more than 80 per cent of the continent's population remain off the power grid. Africa is not unique in this respect, but levels of inequality are particularly pronounced here due to the inherent unevenness of 'electric capitalism' on the continent. This book provides an innovative theoretical framework for understanding electricity and capitalism in Africa, followed by a series of case studies that examine different aspects of electricity supply and consumption. The chapters focus primarily on South Africa due to its dominance in the electricity market, but there are important lessons to be learned for the continent as a whole, not least because of the aggressive expansion of South African capital into other parts of Africa to develop and control electricity. Africa is experiencing a renewed scramble for its electricity resources, conjuring up images of a recolonisation of the continent along the power grid. Written by leading academics and activists, Electric Capitalism offers a cutting-edge, yet accessible, overview of one of the most important developments in Africa today - with direct implications for health, gender equity, environmental sustainability and socio-economic justice. From nuclear power through prepaid electricity meters to the massive dam projects taking place in central Africa, an understanding of electricity reforms on the continent helps shape our insights into development debates in Africa in particular and the expansion of neoliberal capitalism more generally.
Author: Walter Edward Williams
Publisher: Greenwood
ISBN:
Category : Business & Economics
Languages : en
Pages : 184
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Book Description
Written for students, laypersons, and scholars who seek a deeper understanding of the roots of apartheid in South Africa, this book focuses upon the relationship between apartheid and capitalism. The author argues, in contrast to prevailing views held both in South Africa and the West, that rather than resulting from capitalism, apartheid is the antithesis of capitalism. In short, Williams asserts, the evolution of apartheid can be seen as a struggle against market forces in order to confer privilege and status on South African whites. Williams begins with a brief overview of South African history, the racial and ethnic diversity of its peoples, and the development of thinking about apartheid. He then highlights some of South Africa's legal institutions, particularly its racially discriminatory laws, and traces the historical forces behind racially discriminatory labor law. Subsequent chapters apply standard economic analysis to apartheid in business and the labor market and consider market challenges to apartheid and governmental responses. Finally, Williams summarizes recent changes to apartheid laws and offers a general discussion of the lessons about racial relations that can be drawn from the South African experience.
Author: Kenneth Amaeshi
Publisher: Cambridge University Press
ISBN: 110864905X
Category : Business & Economics
Languages : en
Pages : 313
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Book Description
Africa is on the rise. Enabled by natural resources, commodity trading and the recent discovery of Africa as the last frontier of capitalism by the global market, African entrepreneurs are now being empowered as economic change agents. How can this new economic elite engage in the sustainable development of the continent? 'Africapitalism', the term coined by Nigerian economist Tony O. Elumelu, describes an economic philosophy embodying the private sector's commitment to the economic transformation of Africa through investments generating economic prosperity and social wealth. The concept has attracted significant attention in both business and policy circles. Promoting a positive change in approach and outlook towards development in Africa, this book consolidates research and insights into the Africapitalism movement, and will appeal to scholars, researchers and graduate students of Africa studies, international business, business and society, corporate social responsibility, strategic management, economic thought, international political economy, leadership and development studies.
Author: Richard Sandbrook
Publisher: Cambridge University Press
ISBN: 9780521319614
Category : Business & Economics
Languages : en
Pages : 204
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Book Description
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.
Author: Frederick Cooper
Publisher: Harvard University Press
ISBN: 0674369319
Category : History
Languages : en
Pages : 181
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Book Description
At the Second World War’s end, it was clear that business as usual in colonized Africa would not resume. W. E. B. Du Bois’s The World and Africa, published in 1946, recognized the depth of the crisis that the war had brought to Europe, and hence to Europe’s domination over much of the globe. Du Bois believed that Africa’s past provided lessons for its future, for international statecraft, and for humanity’s mastery of social relations and commerce. Frederick Cooper revisits a history in which Africans were both empire-builders and the objects of colonization, and participants in the events that gave rise to global capitalism. Of the many pathways out of empire that African leaders envisioned in the 1940s and 1950s, Cooper asks why they ultimately followed the one that led to the nation-state, a political form whose limitations and dangers were recognized by influential Africans at the time. Cooper takes account of the central fact of Africa’s situation—extreme inequality between Africa and the western world, and extreme inequality within African societies—and considers the implications of this past trajectory for the future. Reflecting on the vast body of research on Africa since Du Bois’s time, Cooper corrects outdated perceptions of a continent often relegated to the margins of world history and integrates its experience into the mainstream of global affairs.
Author: Eric Williams
Publisher: UNC Press Books
ISBN: 1469619490
Category : History
Languages : en
Pages : 308
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Book Description
Slavery helped finance the Industrial Revolution in England. Plantation owners, shipbuilders, and merchants connected with the slave trade accumulated vast fortunes that established banks and heavy industry in Europe and expanded the reach of capitalism worldwide. Eric Williams advanced these powerful ideas in Capitalism and Slavery, published in 1944. Years ahead of its time, his profound critique became the foundation for studies of imperialism and economic development. Binding an economic view of history with strong moral argument, Williams's study of the role of slavery in financing the Industrial Revolution refuted traditional ideas of economic and moral progress and firmly established the centrality of the African slave trade in European economic development. He also showed that mature industrial capitalism in turn helped destroy the slave system. Establishing the exploitation of commercial capitalism and its link to racial attitudes, Williams employed a historicist vision that set the tone for future studies. In a new introduction, Colin Palmer assesses the lasting impact of Williams's groundbreaking work and analyzes the heated scholarly debates it generated when it first appeared.
