How Europe Underdeveloped Africa

How Europe Underdeveloped Africa

Author: Walter Rodney

Publisher: Verso Books

Published: 2018-11-27

Total Pages: 433

ISBN-13: 1788731204

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“A call to arms in the class struggle for racial equity”—the hugely influential work of political theory and history, now powerfully introduced by Angela Davis (Los Angeles Review of Books). This legendary classic on European colonialism in Africa stands alongside C.L.R. James’ Black Jacobins, Eric Williams’ Capitalism & Slavery, and W.E.B. Dubois’ Black Reconstruction. In his short life, the Guyanese intellectual Walter Rodney emerged as one of the leading thinkers and activists of the anticolonial revolution, leading movements in North America, South America, the African continent, and the Caribbean. In each locale, Rodney found himself a lightning rod for working class Black Power. His deportation catalyzed 20th century Jamaica's most significant rebellion, the 1968 Rodney riots, and his scholarship trained a generation how to think politics at an international scale. In 1980, shortly after founding of the Working People's Alliance in Guyana, the 38-year-old Rodney would be assassinated. In his magnum opus, How Europe Underdeveloped Africa, Rodney incisively argues that grasping "the great divergence" between the west and the rest can only be explained as the exploitation of the latter by the former. This meticulously researched analysis of the abiding repercussions of European colonialism on the continent of Africa has not only informed decades of scholarship and activism, it remains an indispensable study for grasping global inequality today.


Capital in the Twenty-First Century

Capital in the Twenty-First Century

Author: Thomas Piketty

Publisher: Harvard University Press

Published: 2017-08-14

Total Pages: 817

ISBN-13: 0674979850

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What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.


Trouble Showed the Way

Trouble Showed the Way

Author: Claire C. Robertson

Publisher: Indiana University Press

Published: 1997

Total Pages: 366

ISBN-13: 9780253333605

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Relates women's involvement in the staples trade to enhanced self-confidence, the rise of women's organizations, and changes in government policies. Examining this commodity, often taken for granted like the women traders, the author suggests other areas of exploration - women developing new relationships to their world.


Beyond the Miracle of the Market

Beyond the Miracle of the Market

Author: Robert H. Bates

Publisher: Cambridge University Press

Published: 2005-05-09

Total Pages: 238

ISBN-13: 9780521852692

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As capitalism defeated socialism in Eastern Europe, the market displaced the state in the developing world. In Beyond the Miracle of the Market, first published in 2005, Bates focuses on Kenya, a country that continued to grow while others declined in Africa, and mounts a prescient critique of the neo-classical turn in development economics. Attributing Kenya's exceptionalism to its economic institutions, this book pioneers the use of 'new institutionalism' in the field of development. In doing so, however, the author accuses the approach of being apolitical. Institutions introduce power into economic life. To account for their impact, economic analysis must therefore be complemented by political analysis; micro-economics must be imbedded in political science. In making this argument, Bates relates Kenya's subsequent economic decline to the change from the Kenyatta to the Moi regime and the subsequent use of the power of economic institutions to redistribute rather than to create wealth.


Revolution

Revolution

Author: Rosemary H. T. O'Kane

Publisher: Taylor & Francis

Published: 2000

Total Pages: 566

ISBN-13: 9780415201353

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Doctrines Of Development

Doctrines Of Development

Author: M. P. Cowen

Publisher: Routledge

Published: 2003-09-02

Total Pages: 554

ISBN-13: 1134801882

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Doctrines of Development sets out a critique of the idea of practice of development by exploring the history of development theory and action from the early nineteenth century to the late twentieth century, from Britain to Quebec and Kenya.


Capitalism With Derivatives

Capitalism With Derivatives

Author: D. Bryan

Publisher: Springer

Published: 2005-12-16

Total Pages: 243

ISBN-13: 0230501540

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What are the links between things as diverse as the prices of pork bellies, interest rates, and corporate stock? They are all being translated into risk and priced through the system of derivative markets. Financial derivatives are now the largest form of financial transaction in the world, and they are transforming in pervasive ways the lived experience of capitalist economies. Financial derivatives are anchoring the global financial system and challenging the conventional understanding of ownership, money and capital. These challenges are examined in this book, providing a significant reinterpretation of contemporary capitalism that will be of interest to both social scientists and conventional finance scholars.