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Equating capitalism with colonialism, Africa’s nationalist leaders rejected it and adopted socialism in the 1960s. Foreign companies were nationalized, a string of state-owned enterprises was established and a plethora of state controls on rent, prices, imports, and foreign exchange were …
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Robert Colvile’s excellent article on Prince Charles’s misunderstanding of the causes of African poverty provides a good opportunity to take a closer look at Africa’s economic history.
African poverty was not caused by colonialism, capitalism or free trade. As I …
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The absence of technically organized ideologies in traditional African societies made several historians resolve that pre-colonial Africa had no clear patterns that governed behavior except the unearthing of some ancestral practices. Historians like George Dalton identified the inability of Western …
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For the first time since the end of colonialism, there are hopes that power can finally be taken from the corrupt old faces and trusted in the hands of vibrant young Africans tired of the rotten status quo. But we …
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