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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Post World War II Imperialism in Africa: A Marxist Perspective
Author:Seidman, Ann W.
Periodical:Journal of Southern African Affairs
Geographic term:Africa
Abstract:In the post World War II period (relatively few) transnational corporations and banks, controlling technology, finance capital, and markets, have initiated a fundamental redivision of the capitalist world. The goal of this paper is to outline the main implications of this on-going process for the vast continent of Africa. It deals with 4 major aspects: 1) the impact of the national liberation movements on independence; 2) the factors driving transnational corporations to compete in devising new techniques to extract surplus value from the divided politically-independent African states; 3) the nature of the contradictions that had begun to emerge in the late 1950s and 60s; 4) the implications for Africa of the general crisis of capitalism in which these contradictions culminated in the 1970s. Notes.