The Failure and Feasibility of Capitalism in Africa

The Failure and Feasibility of Capitalism in Africa PDF

Author: Kenneth Omeje

Publisher: Springer Nature

Published: 2021-07-23

Total Pages: 311

ISBN-13: 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

The Development of Capitalism in Africa PDF

Author: John Sender

Publisher: Routledge

Published: 2013-05-13

Total Pages: 194

ISBN-13: 1136856714

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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.

African Capitalism

African Capitalism PDF

Author: Paul T. Kennedy

Publisher: CUP Archive

Published: 1988-09-30

Total Pages: 252

ISBN-13: 9780521319669

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

South Africa's War Against Capitalism

South Africa's War Against Capitalism PDF

Author: Walter Edward Williams

Publisher: Greenwood

Published: 1989

Total Pages: 184

ISBN-13:

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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.

Capitalism and Slavery

Capitalism and Slavery PDF

Author: Eric Williams

Publisher: UNC Press Books

Published: 2014-06-30

Total Pages: 308

ISBN-13: 1469619490

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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.

The Politics of Africa's Economic Stagnation

The Politics of Africa's Economic Stagnation PDF

Author: Richard Sandbrook

Publisher: Cambridge University Press

Published: 1985-11-29

Total Pages: 204

ISBN-13: 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.

How Capitalism Underdeveloped Black America

How Capitalism Underdeveloped Black America PDF

Author: Manning Marable

Publisher: Haymarket Books

Published: 2015-11-02

Total Pages: 362

ISBN-13: 1608465128

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"How Capitalism Underdeveloped Black America is one of those paradigm-shifting, life-changing texts that has not lost its currency or relevance—even after three decades. Its provocative treatise on the ravages of late capitalism, state violence, incarceration, and patriarchy on the life chances and struggles of black working-class men and women shaped an entire generation, directing our energies to the terrain of the prison-industrial complex, anti-racist work, labor organizing, alternatives to racial capitalism, and challenging patriarchy—personally and politically."—Robin D. G. Kelley "In this new edition of his classic text . . . Marable can challenge a new generation to find solutions to the problems that constrain the present but not our potential to seek and define a better future."—Henry Louis Gates, Jr. "[A] prescient analysis."—Michael Eric Dyson How Capitalism Underdeveloped Black America is a classic study of the intersection of racism and class in the United States. It has become a standard text for courses in American politics and history, and has been central to the education of thousands of political activists since the 1980s. This edition is prsented with a new foreword by Leith Mullings.

African Population and Capitalism

African Population and Capitalism PDF

Author: Dennis D. Cordell

Publisher: Univ of Wisconsin Press

Published: 1994

Total Pages: 308

ISBN-13: 9780299142742

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A collection of 17 essays on the colonial era in Africa designed to demonstrate to demographers the importance of historical and social contexts in thinking about African populations, and to historians the importance and complex role played by population changes in social and economic changes. Two essays are in French. The 1987 edition sold out quickly and was rarely seen and little known; the wider distribution and lower price of the paper should prevent that fate overtaking the second. Paper edition (unseen), $17.95. No index. Annotation copyright by Book News, Inc., Portland, OR

The Development of Capitalism in Africa

The Development of Capitalism in Africa PDF

Author: John Sender

Publisher: Routledge

Published: 2013-05-13

Total Pages: 194

ISBN-13: 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.