Will Africapitalism work?
Adegbite, E., Daodu, O., and Wood, J. (2020) Will Africapitalism work? Africa Journal of Management. (In Press)
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Abstract
Africapitalism suggests a refined capitalist system aimed at achieving collective good unlike the shareholder value maximisation model of Anglo-American capitalism. It emphasises the obligations of the private sector in Africa to pursue socio-economic development. Despite these proposed benefits, this paper queries the functionality of such capitalism. It presents six major criticisms of Africapitalism and argues for a more realistic approach to African development.
| Item ID: | 63004 |
|---|---|
| Item Type: | Article (Research - C1) |
| ISSN: | 2332-2381 |
| Keywords: | Africapitalism, Africa, capitalism, Anglo-American model, business ethical framework, Ubuntu, shared value, critique |
| Date Deposited: | 29 May 2020 02:37 |
| FoR Codes: | 14 ECONOMICS > 1499 Other Economics > 149901 Comparative Economic Systems @ 100% |
| SEO Codes: | 91 ECONOMIC FRAMEWORK > 9199 Other Economic Framework > 919999 Economic Framework not elsewhere classified @ 50% 97 EXPANDING KNOWLEDGE > 970114 Expanding Knowledge in Economics @ 50% |
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