Capitalism in Africa
Graham Harrison argues that all development is capitalist development. Based on his recent book, Developmentalism, he argues that development is not only risky and likely to fail but also very unpleasant. Contemporary notions of development see it is as a stable, incremental, and positive process but this is a fantasy in which capitalist development is reimagined as a planned, inclusive, and socially just modernisation.
In the context of the climate emergency and the need for renewable energy sources, competition over the supply of cobalt is growing. This competition is most intense in the Democratic Republic of the Congo. Nick Bernards argues that the scramble for cobalt is a capitalist scramble, and that there can be no ‘just’ transition without overthrowing capitalism on a global scale.