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By Issa G. Shivji

The "Washington consensus" which ushered in neo-liberal guidelines in Africa is over. It used to be buried on the G20 assembly in London in early April, 2009. the realm capitalist method is in shambles. The champions of capitalism within the international North are rewriting the foundations of the sport to reserve it. The challenge creates a gap for the worldwide South, particularly Africa, to refuse to play the capitalist-imperialist online game, regardless of the ideas. it's time to reconsider and revisit the advance path and methods at the continent. this is often the imperative message of this intensely argued e-book. Issa Shivji demonstrates the necessity to return to the fundamentals of radical political economic system and ask primary questions: who produces the society's surplus product, who appropriates and accumulates it and the way is that this performed. what's the personality of accumulation and what's the social company of switch? The publication offers another theoretical framework to aid African researchers and intellectuals to appreciate their societies greater and give a contribution in the direction of altering them within the curiosity of the operating humans.

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Hue beyond these tasks the Mate should not venture. State rtrtervenrions in markets (once created) must be kepr ro ,1 bare m in in u im ... (H a rv e y 2). Noo jlhcraJL^m was at once an economic p re scrip tio n 's Well as an ideological attack on notions o f colifctive property (socialism), maion til tuiVrlopm cn t (national liberation], and ¡ociai soliiiarity {trade union aim), which had gained ascciukbcydu ring the Cold War (Furedi 1 994). I he noraon o f ina^vidualism was stretched to the exrrcme, beyond the individualism o f enlightened bourgeois 37 liberalism.

Q uoted in H arvey JlM li |2l)U3|: &[)} M ultiple conflicts in Africa, of whatever immediate origin, provide fertile ground for the L ’S military to penetrate, here under the guise of humankariamsm, there under the pretest of rescue operation, and somewhere eise under H lV / A lD s programmes,1' 'I Etc U S A (followed W B rita in ) is one of the biggest arms sellers to Afr ica. OOO. In eight years it had rocketed by over 10 times to J9 2 million. Just in two years, between 2006 and FY 2frl)8, it rose by NO percent ( LeJyicllc 2008: 2}.

M o n o 7is to be made quickly and one way of d oing it is hy trading in money rather than in commodities. Production of commodities involves Jong gestation periods. New forms of predator)' capital 51 have no time for that, ihcy ekher capture already existing values by whatever (means they can, ot pillage natural resources or quickly turn them into commodities, “Speculative finance '. ReElo says, "boiled down to an effort to squeeze more ‘value out of already -created value instead of creating new value.

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