Economics Archives - ROAPE
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Economics Tag

In a celebration of Andre Gunder Frank and Walter Rodney, David Seddon looks at two men who have had a profound influence on generations of activists and researchers. Gunder Frank regarded underdevelopment in the Third World as a direct consequence of the development of Western capitalism. While Rodney followed some of the arguments of Gunder Frank and described how Africa had been exploited by European imperialism leading directly to the underdevelopment of most of the continent....

Nigerian trade unionist and activist, Lai Brown, argues that annual debt servicing in the country has a debilitating impact on the poor. In a country with poor health services, massive youth unemployment and broken health and education facilities, the Buhari regime is seeking an additional multi-billion dollar loan. The vicious cycle must be broken....

In a powerful defence of Marxist political economy John Saul argues that ‘facing down the hulk of capital that presently bestrides the world was never going to be easy.’ Though as ‘powerful and ill-intentioned as capitalists’ might be ‘as they destroy the world, environmentally and morally’, everything, in Africa and elsewhere, continues to depend on the struggle of the oppressed. In this contribution he blends his on-going work on Africa with a more general analytical and theoretical consideration on progressive political economy. The fruitfulness of this approach is exemplified in his forthcoming book, Revolutionary Hope vs Free-Market Fantasies: Towards the Revival of Liberation Struggle in Southern Africa (to appear in 2019). There readers can see a more elaborated model of the method of both learning and communicating – in exploring the juxtaposition between theory on the one hand and ‘practice’, in the chapters 'southern Africa...