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Morality and Economic Growth in Rural West Africa - Indigenous Accumulation in Hausaland (Hardcover)
Loot Price: R3,555
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Morality and Economic Growth in Rural West Africa - Indigenous Accumulation in Hausaland (Hardcover)
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The land, labor, credit, and trading institutions of Marmara
village, in Hausaland, northern Nigeria, are detailed in this study
through fieldwork conducted in two national economic cycles - the
petroleum-boom prosperity (in 1977-1979), and the macro-economic
decline (in 1985, 1996 and 1998). The book unveils a new paradigm
of economic change in the West African savannah, demonstrating how
rural accumulation in a polygynous society actually limits the
extent of inequality while at the same time promoting technical
change. A uniquely African non-capitalist trajectory of
accumulation subordinates the acquisition of capital to the
expansion of polygynous families, clientage networks, and circles
of trading friends. The whole trajectory is driven by an indigenous
ethics of personal responsibility. This model disputes the validity
of both Marxian theories of capitalist transformation in Africa and
the New Institutional Economics.
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