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Download Looting Africa: The Economics of Exploitation fb2, epub

by Patrick Bond

Download Looting Africa: The Economics of Exploitation fb2, epub

ISBN: 1869140958
Author: Patrick Bond
Language: English
Publisher: Univ of Natal Pr (April 30, 2006)
Category: Business & Finance
Subcategory: Other
Rating: 4.8
Votes: 426
Size Fb2: 1206 kb
Size ePub: 1645 kb
Size Djvu: 1593 kb
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In Looting Africa, Patrick Bond basically updates Walter Rodney's How Europe Underdeveloped Africa. China cuts deals with exploitative rulers and uses Chinese workers on projects like oil refineries.

In Looting Africa, Patrick Bond basically updates Walter Rodney's How Europe Underdeveloped Africa.

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Looting Africa - Patrick Bond. Looting Africa: The Economics of Exploitation was first published in 2006. Published in South Africa, Lesotho, Swaziland, Botswana, Namibia and Zimbabwe by University of KwaZulu-Natal Press, Private Bag X01, Scottsville 3209, South Africa.

The Exploitation of East Africa, 1856?1890: The Slave Trade and the Scramble, by R. Coupland. This perpetrates maldevelopment without redressing the basic exploitation process of peasants which lies at the core of underdevelopment

The Exploitation of East Africa, 1856?1890: The Slave Trade and the Scramble, by R. This perpetrates maldevelopment without redressing the basic exploitation process of peasants which lies at the core of underdevelopment. Evidence to support this hypothesis is presented using data from a primarily agricultural exporting country: the United Republic of Cameroon.

Distinguished Professor of Political Economy, University of the Witwatersrand School of Governance. Looting Africa: The economics of exploitation. Zed Books and University of KwaZulu-Natal Press, 2006. Talk left, walk right: South Africa's frustrated global reforms.

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Without overstressing the "mistakes" of such elites, this book contextualises Africa's wealth outflow within a stagnant but volatile world economy. См. также: Общая экономика. Похожие книги: Looting Africa: The Economics of Exploitation. Despite the rhetoric, the people of Sub-Saharan Afric. т 8365.

TA TI. ON.

He is also visiting professor at York University Department of Political Science in Toronto and Gyeongsang National University Institute of Social Sciences in South Korea. TA TI.

Despite the rhetoric, the people of sub-Saharan Africa are becoming poorer. From Tony Blair's Africa Commission, the G7 finance ministers' debt relief, the Live 8 concerts, the Make Poverty History campaign and the G8 Gleneagles promises, to the United Nations 2005 summit and the Hong Kong WTO meeting, Africa's gains have been mainly limited to public relations. The central problems remain: exploitative debt and financial relationships with the North, phantom aid, unfair trade, distorted investment, capital flight and the continent's brain/skills drain. Moreover, capitalism in most African countries has witnessed the emergence of excessively powerful ruling elites. While noting their role as collaborators, this book contextualizes Africa's wealth outflow within a stagnant yet financially volatile world economy.

Comments:

Mr_KiLLaURa
The total misery and underdevelopment of Africa has, after a period of neglect, regained much attention in Western nations the past few years. Several conferences as well as aid appeals, organized by NGO bureaucracies and pop stars, have been much in the picture for their supposed charitable efforts for the African poor. But to what degree to they actually address what the matter is with Africa?

Patrick Bond, somewhat well-known in radical circles as a political economist, has written "Looting Africa" to summarize how global capital and its comprador elites within Africa have systematically plundered and ruined the continent before and after independence. Even now, the average income of Africans is lower than it was in the 1960s, and if one applies the necessary correctives to GDP tallies, many African nations have been losing per capita income as the result of foreign investment. Moreover, neoliberal programmes of privatization and monetarism have made the poor worse and worse off, without leading to any significant improvement in growth or development. Combine this with the massive theft of African production by local dictators and foreign multinationals, the extreme monoculture production of many African nations, and the unfair trade practices in agriculture on the part of Western nations (in particular the EU), and you have a recipe for disaster.

Bond's analysis is telling and summarizes the issues well, making the book serve as a useful primer for further research into African political economy. He is somewhat vacillating and vague about possible solutions though, fixing some hope on radical NGOs and World Social Forums, but without explaining anything much in detail. It is also a pity that immigration from Africa to elsewhere, in particular Europe, is not addressed in the book. Nevertheless, this is a good popular introduction to the plunder of Africa in the past decades.
Isha
In Looting Africa, Patrick Bond basically updates Walter Rodney's How Europe Underdeveloped Africa. While Africa is often portrayed in global media as the hapless beneficiary of well intentioned aid and charitable campaigns, Bond emphasizes the many ways wealth is pulled out of the continent--through dividend and debt payments, unequal exchange, brain drains, and such. Aid is often a poisoned chalice that comes with demands that markets be opened to Western economic interests. The same is true of much ballyhooed debt relief. China's recent involvement in Africa is portrayed no more sympathetically. China cuts deals with exploitative rulers and uses Chinese workers on projects like oil refineries. Bond also emphasizes the collaboration of African elites in the neoliberal plunder--South Africa economically exploits its neighbors, while NEPAD locks Africa into neoliberalism. Although he occasionally sympathetically quotes NGO reports, for the most part, he believes that grassroots social movements are the only real hope for change.
It is this final point that I think is the weakest in the book. Although there is certainly some truth to the notion that a politics that seeks to genuinely promote the social good is going to be grounded among the people with nothing to lose in the current system, I think its a strategic mistake to flatten the politics of all other actors into a single exploitative neoliberalism, that, at most 'talks left, walks right' (as he argues was the case with Mandela's opposition to the Iraq war, while the ANC allowed the US to use South Africa in some ways to supprt the war). This is basically a politics of failing to see anything short of a revolutionary rejection of the system as a fraud. I think its short sighted, and will lead to a confused strategy. Bond sees South Africa, along with Brazil and India, as an example of sub-imperialism, but an argument can be made that these sub-powers look both ways--sometimes aligning themselves with the West (which is itself not as unified as Bond believes), sometimes aligning themselves with the interests of poorer countries. They are in-between, politically ambiguous. Bond takes his position to the logical extreme, and even heaps a certain amount of opprobrium on the World Social Forum, since it was started by a social democratic party in Brazil in alignment with intellectuals in Europe. But the WSF has clearly opened space for the networking of the kind of movements he admires worldwide. Notwithstanding his (I think positive) calls to listen to movements, I think there is a certain vanguardist tone to his political stance. Movements from South Africa to the US are often hesitant (far more hesitant than far-left intellectuals) to break completely with pusillanimous ruling liberals for precisely the reasons outlined above--because they allow a little bit of space to advance their projects. Bond might want to listen to this a little, rather than demand the movements immediately achieve a level of militancy he has deemed necessary for their goals.
Yggfyn
Good quality!! it was as explained!!
Bralore
If you want to waste hours reading pure Marxist reteric then read this book. Every person credited in the writing and research of the book is affiliated with Socialism of the Marx and Lenin forms of economics. Africa is today being exploited by Communist China and Cuba. The vast majority of rare earth minerals has been locked up by China over the past decade. Africa's present day condition is totally a result of the greedy African leadership that has been in power since the early 1960's. It is time to stop blaming the Western nations for the poverty of Africa.

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