Neoliberalism and Globalization in Africa: Contestations on - download pdf or read online

By J. Mensah

ISBN-10: 0230607810

ISBN-13: 9780230607811

This e-book seems at Africa's involvement in modern neoliberal globalization, paying specific recognition to the social, monetary, political, and cultural rate of the unbalanced constitution of worldwide wealth and gear among Africa and the remainder of the area.

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Extra resources for Neoliberalism and Globalization in Africa: Contestations on the Embattled Continent

Example text

2007. S. Africa command: A challenge to peace and security? Presentation to Kenyan Debt and Development Network, Nairobi. Cawthorne, A. 2005. Once favoured E. African leaders lustre fades. Reuters (London), November 13. Christian Aid. 2005. The economics of failure: The real cost of “free” trade for poor countries. London. Cockcroft, L. 2001. Corruption as a threat to corporate behaviour and the rule of law, Transparency International UK, London. Cooper, R. 2002. The post-modern state. In Re-ordering the world: The long-term implications of September 11, ed.

Lo oting Afr i c a Is force “the only solution open to capital” in Africa? The standard routes by which wealth flows from Africa to the North are permanent, but inadequate: exploitative debt and finance, capital flight, unfair trade, and distorted investment. Although the resource drain from Africa dates back many centuries, beginning with unfair terms of trade and then mediated through slavery, colonialism, and neocolonialism, neoliberal policies are today the most direct causes of inequality and poverty.

Elite driven conflict resolution will not bring sustainable peace to the African continent. Similarly, elite reform proposals, ranging from Millennium Development Goals to multilateral restructuring and other forms of “global governance” (Bond 2007), will not reverse the outflow of African wealth or serve the deeper agenda of African development, which is to meet the reasonable needs of all its citizens. Social movement campaigns mostly fail, but Ac c u m u l at i o n by D i s p o s s e s s i o n i n A f r i c a 27 the key examples of victory suggest principles of “decommodification” and “deglobalization of capital” that we should take seriously.

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Neoliberalism and Globalization in Africa: Contestations on the Embattled Continent by J. Mensah


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