Will Africapitalism Work?

Africa Journal of Management, Forthcoming

22 Pages Posted: 1 Jun 2020

Date Written: May 2, 2020

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.

Keywords: Africapitalism, Africa, Capitalism, Anglo-American model, Business ethical framework, Ubuntu; Shared value, Critique

Suggested Citation

Adegbite, Emmanuel, Will Africapitalism Work? (May 2, 2020). Africa Journal of Management, Forthcoming , Available at SSRN: https://ssrn.com/abstract=3591286

Emmanuel Adegbite (Contact Author)

University of Nottingham ( email )

University Park
Nottingham, NG8 1BB
United Kingdom

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