Will Africapitalism work?

Adegbite, Emmanuel, Daodu, Olabisi, and Wood, Jacob (2020) Will Africapitalism work? Africa Journal of Management, 6 (4). pp. 419-434.

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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
Copyright Information: Published Version: (C) 2020 Africa Academy of Management. Accepted Version: OA after an embargo of 18 months.
Date Deposited: 29 May 2020 02:37
FoR Codes: 38 ECONOMICS > 3899 Other economics > 389901 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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