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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.
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.
This 1988 book provides an analysis of African capitalism which offers a positive view of its role.
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.
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.
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
Using theory, empirical research, and case studies, this book explores the changing nature of business in Africa and how businesses can actively contribute to the development of Africa. It uses (and critically analyses) the concept of Africapitalism – a management philosophy and movement which seeks to blend the best of African values and Western management theories as a basis for sustainable development in Africa – to understand the subtle factors that underpin business decisions in Africa. The collection of chapters in this book are organized around actors, issues, and reflections. They collectively present an account of Africapitalism, albeit from different perspectives and on different issues, and open up a new space for rethinking business and society relations in Africa from an Africapitalism perspective. Crucial is the critical engagement with both the discourse and practice of Africapitalism and its implications for sustainable development. It is anticipated that the challenges and opportunities highlighted by the book would be embraced by researchers, policy makers, and practitioners in the broad area of business and society in Africa. This multidisciplinary book will be valuable reading for advanced students, researchers and policymakers looking at business in society; corporate social responsibility; sustainable business; international business and African development.
There is much discussion as to the reasons why capitalism does not thrive well in some non-European settings and there is a view that this is particularly so in Africa. In African Economic Humanism Mfuniselwa J. Bhengu focuses crucially on the cultural backdrop to economics in Southern Africa specifically, and Africa generally. The author describes his search for a suitable alternative economic paradigm, particularly one appropriate for the African Sub-Saharan region, that might serve to enhance economic development in a free and unhindered way. Throughout his distinguished career in public service in South Africa, Bhengu has devoted himself to the study of African philosophy and economics. There is, today, a plethora of literature on the traditional concept of 'Ubuntu', with its focus on community, sharing, and generosity. Bhengu embraces this, but goes beyond it in attempting to establish a viable approach to economics that is rooted in African soils and recognizes the nature of the belief systems by which his fellow Africans live. The author's thorough research examines pre-colonial African economic relations, the ascendancy of Western capitalism and responses to it, and the particular nature of South African capitalism. He investigates the phenomenon of the 'capitalist comrades' and the Bantu philosophy of 'Ntu' or 'Being'. He eventually arrives at a theory of African Economic Humanism, which he proposes as the basis for a new economic paradigm that could have the power to transform individuals, organizations, and societies on the continent of Africa, and even beyond. This fascinating addition to the Gower Transformation and Innovation Series will appeal to a wide international audience of academics and researchers, policy makers, development specialists and business people.