Africa and the Global System of Capital Accumulation

Africa and the Global System of Capital Accumulation
Author: Emmanuel O Oritsejafor
Publisher: Routledge
Total Pages: 252
Release: 2021-04-17
Genre: Political Science
ISBN: 1000384586

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
Author: Issa G. Shivji
Publisher: African Books Collective
Total Pages: 112
Release: 2008-12-31
Genre: Africa
ISBN: 9987080316

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.

Accumulation in an African Periphery

Accumulation in an African Periphery
Author: G. Shivji
Publisher: African Books Collective
Total Pages: 112
Release: 2009-05-15
Genre: Political Science
ISBN: 9987081509

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.

The Development of Capitalism in Africa

The Development of Capitalism in Africa
Author: John Sender
Publisher: Routledge
Total Pages: 194
Release: 2013-05-13
Genre: Business & Economics
ISBN: 1136856722

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
Author: Paul T. Kennedy
Publisher: CUP Archive
Total Pages: 252
Release: 1988-09-30
Genre: Business & Economics
ISBN: 9780521319669

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
Author: Samir Amin
Publisher: New York : Monthly Review Press
Total Pages: 376
Release: 1974
Genre: Business & Economics
ISBN:

Samir Amin analyzes the process of capital accumulation on a global level.

Globalization and Autocentricity in Africa's Development in the 21st Century

Globalization and Autocentricity in Africa's Development in the 21st Century
Author: Kidane Mengisteab
Publisher: Africa World Press
Total Pages: 242
Release: 1996
Genre: Africa, Sub-Saharan
ISBN: 9780865435599

African economies are the most dependent and the most marginalised in the global system. Prevailing policies to integrate these economies more closely with the global economy are, in the view of many misplaced and this work presents a series of alternative strategies that will tap the energies of the African people to develop their own potential and reduce their dependence on World Bank/IMF-led approaches.