African Capitalists in African Development

Discusses the specific functions that indigenous capitalists must perform to initiate and sustain a successful process of capital accumulation. The authors combine case studies based on recent fieldwork in East, West and Central Africa with theoretical and comparative discussions.

Recent debates have focused on the relative merits of state-led versus market-oriented development strategies in Africa. Yet, neither the state nor the market can accomplish anything independently of the calibre and distinctive trajectory of the indigenous entrepreneur class. This book studies this key dimension of African development, looking at the variations in the technical and political capacities of Africa's diverse capitalist classes. The authors discuss the specific functions that indigenous capitalists must perform to initiate and sustain a successful process of capital accumulation. Combining case studies based on recent fieldwork in East, West and Central Africa with theoretical and comparative discussions, they point the way to a new research agenda in this field.

African Capitalists in African Development, C. Leys
The Ivoiren Bourgeoisie, J. Rapley
Domestic Capitalists and the State in Kenya, D. Himbara
The African Petty Bourgeoisie and the Struggle for Acceptance in Zimbabwe, S. Nicholas
Industrial Policy in Zimbabwe - the Role of the "National Bourgeoisie", T. Ostergaard
Accumulating Wealth, Consolidating Power - Renterism in Senegal, C. Boone
The Alliance of Oil and Maize - the Response of Indigenous and State Capital to Structural Adjustment in Nigeria, P. Lubeck and M. Watts
State Deterioration and Capitalist Development - the Case of Zaire, J. MacGaffey
African Industrialisation in Comparative Perspective - the Question of Scale, D. Brautigam
The Bourgeoisie in Context - Culture, Technology and the State, B. Berman.