Africa and the Global System of Capital Accumulation offers a groundbreaking analysis of the strategic role Africa plays in the global capitalist economy.  

The exploitation of Africa’s rich resources, as well as its labor, make it possible for major world powers to sustain their authority over their own middle-class populations while rewarding African collaborators in leadership positions for subjecting their populations into poverty and desperation. Middle-class obsessions such as computers, mobile phones, cars and the petroleum that fuels them, diamonds, chocolate – all of these products require African resources that are typically obtained by child or slave labor that helps to generate billionaires out of foreign investors while impoverishing most Africans. Oritsejafor and Cooper demonstrate that "primitive accumulation," believed by both Adam Smith and Karl Marx to be a process that precedes capitalism, is actually an integral part of capitalism.  They also validate the thesis that capitalism incorporates racism as an organizing tool for the exploitation of labor in Africa and on a global scale. Case studies are presented on Nigeria, Cote d’Ivoire, Ghana, Liberia, Congo, Tanzania, Somalia, Angola, Namibia, Sao Tome and Principe, and South Sudan. There are also chapters analyzing the interests of Russia and China in Africa. 

This book will be of interest to students and scholars of African politics, development, and economics. 

chapter 1|32 pages

The role of primitive accumulation and racism in capitalist systems

ByAllan D. Cooper, Emmanuel O. Oritsejafor

chapter 2|21 pages

Cocoa in Côte d’Ivoire and Ghana

Chocolate and neoliberal capitalism
ByT. Y. Okosun

chapter 3|16 pages

Capital accumulation in Liberia’s rubber and iron ore sectors

ByGeorge Klay Kieh

chapter 4|20 pages

The Congo paradox

Accumulation crisis and resilience in the Democratic Republic of the Congo
ByMusifiky Mwanasali

chapter 5|11 pages

From unfree labor to neo-colonial extraction in Sao Tome and Principe

ByAndrew Ikeh Emmanuel Ewoh

chapter 6|14 pages

Russia’s return to Africa

Much ado but about what?
ByRadoslav A. Yordanov

chapter 7|17 pages

Diamonds in Africa and the continuing Cold War

A case study of building a capitalist ruling class in Namibia
ByAllan D. Cooper

chapter 8|25 pages

Profiting from the conflict in Mogadishu

Capital accumulation in the failed state of Somalia
ByMohamed Haji Ingiriis

chapter 9|18 pages

Benefitting a few

Oil rents in South Sudan
ByBrian Adeba

chapter 10|15 pages

Angola’s transition from war to economic powerhouse

ByVictor Ojakorotu

chapter 11|24 pages

Capitalism and Africa’s (infra)structural dependency

A story of spatial fixes and accumulation by dispossession
ByTim Zajontz, Ian Taylor

chapter 12|14 pages

Wealth accumulation and the Nigerian billionaire club

The case of Aliko Dangote
ByEmmanuel O. Oritsejafor

chapter 13|31 pages

Tanzania can feed Africa

Potentials and challenges
ByKitojo Kagome Wetengere

chapter 14|15 pages


Odious debts of the African capitalist state
ByAllan D. Cooper, Emmanuel O. Oritsejafor