Download e-book for kindle: Accumulation in an African periphery: a theoretical by Issa G. Shivji

By Issa G. Shivji

ISBN-10: 9987080316

ISBN-13: 9789987080311

The "Washington consensus" which ushered in neo-liberal regulations in Africa is over. It used to be buried on the G20 assembly in London in early April, 2009. the area capitalist process is in shambles. The champions of capitalism within the worldwide North are rewriting the principles of the sport to put it aside. The obstacle creates a gap for the worldwide South, specifically Africa, to refuse to play the capitalist-imperialist online game, regardless of the ideas. it's time to reconsider and revisit the improvement course and techniques at the continent. this is often the principal message of this intensely argued ebook. Issa Shivji demonstrates the necessity to return to the fundamentals of radical political economic climate and ask basic questions: who produces the society's surplus product, who appropriates and accumulates it and the way is that this performed. what's the personality of accumulation and what's the social employer of switch? The booklet offers another theoretical framework to aid African researchers and intellectuals to appreciate their societies larger and give a contribution in the direction of altering them within the curiosity of the operating humans.

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It caIIk fur the dom inion over fritnds arid c D c E Q ie s alike. le ih t U nited Statics must be ittp & powerful, -or moiir powerful: but ih ir ir musT be absolutely powerful. (Q uoted in H arvey JlM li |2l)U3|: &[)} M ultiple conflicts in Africa, of whatever immediate origin, provide fertile ground for the L ’S military to penetrate, here under the guise of humankariamsm, there under the pretest of rescue operation, and somewhere eise under H lV / A lD s programmes,1' 'I Etc U S A (followed W B rita in ) is one of the biggest arms sellers to Afr ica.

Accumulation hy dispossession and accumulation hy expanded reproduction, and the territorial terrain {national or international) on which they operate, determines the character of accumulation in the periphery In i investigating the political economy of accumulation in the periphery therefore, one % must identify the two tendencies, their relationship and char specific forms as well as the terrain of their operation and the contradictions rhus generated. ogic presents irseli Lji the periphery as che contradiction between accumulation by dispossession and accumulation by expanded reproduction on the one hand {capitalisc logic), and die contradiction between nation and imperialism (territorial logic), on the other.

Due ro cancellation of its debts ujider H IP C , the commercial company embarks on Eirigation to recover the full debt with interest from the debtor co u n try A recent case filed against Zambia illustrates the point. Li 1 9 7 9 Zambia incurred a debt to Romania from whom it purchased agriculiteral machinery and services, Zambia defaulted and the two countries were on the verge ot renegotiations to Liquidate die debt when Donegal International- a company registered in the British Virgin Islands and owned by an American businessman, bought oil the debt at a heavily discounted pricc of less then $ 4 million.

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Accumulation in an African periphery: a theoretical framework by Issa G. Shivji

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