Finance Archives - ROAPE
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Finance Tag

From the editorial to issue 156 of ROAPE, Peter Lawrence discusses articles that examine the state and global capitalism. Included in the issue are papers which look at how the colonial and post-colonial states in Malawi have pursued policies that have been in the interests of the tobacco industry, state capture in South Africa's motor industry and the history of capital controls. While the Debates section is devoted to the ROAPE/Third World Network workshop on radical political economy and industrialisation in Africa held in Accra last November. ...

In a debate on roape.net, David Harvey replies to John Smith’s critique of his work. Marxism, Harvey argues, must not start with concepts and then impose them on reality, but with the realities on the ground. To start with concepts, as does John Smith, is to engage in rank idealism. Harvey challenges what he describes as ‘Smith’s crude and rigid theory of imperialism.’...

In this far-ranging analysis of recent events in South Africa, Elizabeth Cobbett argues that a ‘soft’ coup is effectively taking place. Cobbett argues that an ‘oligarchical coup’ is being carried out by wealthy families and senior ANC figures, with Zuma at the heart. The Gupta family’s power to replace key ministerial positions is a graphic example of the operation of this coup, as the wider ANC remain passive or, through Zuma, complicit. ...

In the first of three essays, Gary Littlejohn outlines the context in which the recent widely publicised BRICS initiatives have been taking place. In particular, the inauguration of new international banks is seen as a response to the dominance of Western finance capital and the failure of the so-called ‘Washington Consensus’ neoliberal orthodoxy that has produced negative economic effects worldwide, but nowhere more so than in developing countries....