Wealth Archives - ROAPE
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Wealth Tag

Lena Grace Anyuolo describes the hunger games of capitalism in Kenya. In this diabolical world where the sponsors of jobs and healthcare are corporations, or rich individuals and media personalities who have the power to deliver life from poverty or fund-raise for a lifesaving medical procedure. Anyuolo is scathing about a form of existence where life or death depends on philanthropy or whether or not your story is worthy of a prime-time slot on TV. ...

Benjamin Selwyn’s The Struggle for Development challenges the dominant view that argues human development can only be achieved through continued economic growth and industrialisation. In this review, Andy Wynne praises a book that aims at the total reconceptualisation of human development, to see development as a process of resisting and ultimately transcending capitalist exploitation....

Nataliya Mykhalchenko reviews a book that describes the devastating impact of tax havens and capital flight for Africa. The book details the intricate relationship between capital flight, global corporations, bank secrecy and the elites, i.e. the power-accumulation nexus. As a proportion of total wealth, Africa is the most afflicted continent in the world. For example, elites on the continent hold approximately USD 500 billion in financial wealth offshore, roughly 30% of total financial wealth held by Africans....

Responding to the debate on the changing nature of imperialism on roape.net, Walter Daum challenges Patrick Bond’s defence of David Harvey. Daum argues that while there is no question that the ‘East’ has gained relatively in wealth, this does not mean that there has been an epochal shift in the flow of value; it is extremely dubious that the directional flows of centuries have reversed and that the East, including China, is draining value from the West. ...