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Development Of Capitalism In Africa
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Book Synopsis The Development of Capitalism in Africa by : John Sender
Download or read book The Development of Capitalism in Africa written by John Sender and published by Routledge. This book was released on 2013-05-13 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Failure and Feasibility of Capitalism in Africa by : Kenneth Omeje
Download or read book The Failure and Feasibility of Capitalism in Africa written by Kenneth Omeje and published by Springer Nature. This book was released on 2021-07-23 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Politics of Africa's Economic Stagnation by : Richard Sandbrook
Download or read book The Politics of Africa's Economic Stagnation written by Richard Sandbrook and published by Cambridge University Press. This book was released on 1985-11-29 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Electric Capitalism by : David A. McDonald
Download or read book Electric Capitalism written by David A. McDonald and published by Routledge. This book was released on 2012-05-16 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis How Europe Underdeveloped Africa by : Walter Rodney
Download or read book How Europe Underdeveloped Africa written by Walter Rodney and published by Verso Books. This book was released on 2018-11-27 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A call to arms in the class struggle for racial equity”—the hugely influential work of political theory and history, now powerfully introduced by Angela Davis (Los Angeles Review of Books). This legendary classic on European colonialism in Africa stands alongside C.L.R. James’ Black Jacobins, Eric Williams’ Capitalism & Slavery, and W.E.B. Dubois’ Black Reconstruction. In his short life, the Guyanese intellectual Walter Rodney emerged as one of the leading thinkers and activists of the anticolonial revolution, leading movements in North America, South America, the African continent, and the Caribbean. In each locale, Rodney found himself a lightning rod for working class Black Power. His deportation catalyzed 20th century Jamaica's most significant rebellion, the 1968 Rodney riots, and his scholarship trained a generation how to think politics at an international scale. In 1980, shortly after founding of the Working People's Alliance in Guyana, the 38-year-old Rodney would be assassinated. In his magnum opus, How Europe Underdeveloped Africa, Rodney incisively argues that grasping "the great divergence" between the west and the rest can only be explained as the exploitation of the latter by the former. This meticulously researched analysis of the abiding repercussions of European colonialism on the continent of Africa has not only informed decades of scholarship and activism, it remains an indispensable study for grasping global inequality today.
Book Synopsis Emergence of African Capitalism by : John Iliffe
Download or read book Emergence of African Capitalism written by John Iliffe and published by Springer. This book was released on 2015-12-31 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Capitalism and Slavery by : Eric Williams
Download or read book Capitalism and Slavery written by Eric Williams and published by UNC Press Books. This book was released on 2014-06-30 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis African Economic Development by : Christopher Cramer
Download or read book African Economic Development written by Christopher Cramer and published by Oxford University Press. This book was released on 2020 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book challenges conventional wisdoms about economic performance and possible policies for economic development in African countries. Its starting point is the striking variation in African economic performance. Unevenness and inequalities form a central fact of African economic experiences. The authors highlight not only differences between countries, but also variations within countries, differences often organized around distinctions of gender, class, and ethnic identity. For example, neo-natal mortality and school dropout have been reduced, particularly for some classes of women in some areas of Africa. Horticultural and agribusiness exports have grown far more rapidly in some countries than in others. These variations (and many others) point to opportunities for changing performance, reducing inequalities, learning from other policy experiences, and escaping the ties of structure, and the legacies of a colonial past. The book rejects teleological illusions and Eurocentric prejudice, but it does pay close attention to the results of policy in more industrialized parts of the world. Seeing the contradictions of capitalism for what they are - fundamental and enduring - may help policy officials protect themselves against the misleading idea that development can be expected to be a smooth, linear process, or that it would be were certain impediments suddenly removed. The authors criticize a wide range of orthodox and heterodox economists, especially for their cavalier attitude to evidence. Drawing on their own decades of research and policy experience, they combine careful use of available evidence from a range of African countries with political economy insights (mainly derived from Kalecki, Kaldor and Hischman) to make the policy case for specific types of public sector investment"--
Book Synopsis South Africa's War Against Capitalism by : Walter Edward Williams
Download or read book South Africa's War Against Capitalism written by Walter Edward Williams and published by Greenwood. This book was released on 1989 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Capitalism and Underdevelopment in Latin America by : Andre Gunder Frank
Download or read book Capitalism and Underdevelopment in Latin America written by Andre Gunder Frank and published by NYU Press. This book was released on 1967 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published: Monthly Review Press, 1967.
Book Synopsis “Pan” Africa Rising by : Rita Kiki Edozie
Download or read book “Pan” Africa Rising written by Rita Kiki Edozie and published by Springer. This book was released on 2017-09-08 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book uses Nigeria’s Afri-capitalist and South Africa’s Ubuntu Business models as case studies that reconcile the tension between Africa Rising and Pan African economics, presenting their convergence as Africa’s viable Third Way route to global development. In presenting Afri-capitalism and Ubuntu Business as national, business sector manifestations of a “new” Pan Africanism, the author explores Africa’s “culturalist” path in engaging the international political economy. This is an African customized engagement that parallels the alternative models of China’s “market-socialism” and Latin America’s “21st C Socialism”. All present alternatives to realist, liberal, and structuralist standpoints, inclining instead toward constructivist political economies derived from the perspectives and subject conditions of African economic histories, socio-cultures, alternative modernities, and agent-led initiatives.
Book Synopsis African Capitalism by : Paul T. Kennedy
Download or read book African Capitalism written by Paul T. Kennedy and published by CUP Archive. This book was released on 1988-09-30 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1988 book provides an analysis of African capitalism which offers a positive view of its role.
Book Synopsis The Cambridge History of Capitalism by : Larry Neal
Download or read book The Cambridge History of Capitalism written by Larry Neal and published by Cambridge University Press. This book was released on 2014-01-23 with total page 628 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first volume of The Cambridge History of Capitalism provides a comprehensive account of the evolution of capitalism from its earliest beginnings. Starting with its distant origins in ancient Babylon, successive chapters trace progression up to the 'Promised Land' of capitalism in America. Adopting a wide geographical coverage and comparative perspective, the international team of authors discuss the contributions of Greek, Roman, and Asian civilizations to the development of capitalism, as well as the Chinese, Indian and Arab empires. They determine what features of modern capitalism were present at each time and place, and why the various precursors of capitalism did not survive. Looking at the eventual success of medieval Europe and the examples of city-states in northern Italy and the Low Countries, the authors address how British mercantilism led to European imitations and American successes, and ultimately, how capitalism became global.
Book Synopsis The Quality of Growth in Africa by : Akbar Noman
Download or read book The Quality of Growth in Africa written by Akbar Noman and published by Columbia University Press. This book was released on 2019-08-20 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, concerns about the outcomes and nature of economic growth have given way to a new emphasis on its quality. This volume brings together prominent international contributors to consider a range of interrelated questions concerning the quality of growth in Africa, with a primary focus on sub-Saharan countries. Contributors discuss the measurement of growth, the transformations necessary to sustain it, and issues around equity and well-being. They consider topics such as the distribution of income gains from growth; the extent to which economic growth has resulted in improvements in employment, poverty, and security; structural transformations of the economy and diversification of the sources of growth; environmental sustainability; and management of urbanization. Offering both diagnoses and prescriptions, The Quality of Growth in Africa helps envision a future that goes beyond increasing GDP to ensuring that growth translates into advancements in well-being. Although the book focuses on sub-Saharan Africa, much of the contributors’ incisive analysis has implications for countries outside the region.
Book Synopsis Africa in the World by : Frederick Cooper
Download or read book Africa in the World written by Frederick Cooper and published by Harvard University Press. This book was released on 2014-03-24 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Africapitalism written by Kenneth Amaeshi and published by Cambridge University Press. This book was released on 2018-06-07 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Capital and Colonialism by : Klas Rönnbäck
Download or read book Capital and Colonialism written by Klas Rönnbäck and published by Springer. This book was released on 2019-07-11 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book engages in the long-standing debate on the relationship between capitalism and colonialism. Specifically, Rönnbäck and Broberg study the interaction between imperialist policies, colonial institutions and financial markets. Their primary method of analysis is examining micro- and macro-level data relating to a large sample of ventures operating in Africa and traded on the London Stock Exchange between 1869 and 1969. Their study shows that the relationship between capital and colonialism was highly complex. While return from investing in African colonies on average was not extraordinary, there were certainly many occasions when investors enjoyed high return due to various forms of exploitation. While there were actors with rational calculations and deliberate strategies, there was also an important element of chance in determining the return on investment – not least in the mining sector, which overall was the most important business for investment in African ventures during this period. This book finally also demonstrates that the different paths of decolonization in Africa had very diverse effects for investors.
