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Africa and the Global System of Capital Accumulation (Hardcover)
Loot Price: R4,145
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Africa and the Global System of Capital Accumulation (Hardcover)
Series: Routledge Contemporary Africa
Expected to ship within 12 - 17 working days
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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.
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