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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