Will Africapitalism work?

Adegbite, Emmanuel; Daodu, Olabisi; Wood, Jacob

Abstract

Africapitalism suggests a refined capitalist system aimed at achieving collective good unlike the shareholder value maximization model of Anglo-American capitalism. It emphasizes 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.

Citation

Adegbite, E., Daodu, O., & Wood, J. (2020). Will Africapitalism work?. Africa Journal of Management, 6(4), 419-434. https://doi.org/10.1080/23322373.2020.1830697

• Journal Article Type: Article
• Acceptance Date: May 2, 2020
• Online Publication Date: Nov 13, 2020
• Publication Date: Oct 1, 2020
• Deposit Date: May 4, 2020
• Publicly Available Date: Apr 2, 2022
• Journal: Africa Journal of Management
• Print ISSN: 2332-2373
• Electronic ISSN: 2332-2381
• Publisher: Taylor & Francis
• Peer Reviewed: Peer Reviewed
• Volume: 6
• Issue: 4
• Pages: 419-434
• DOI: https://doi.org/10.1080/23322373.2020.1830697
• Keywords: Africapitalism; Africa; Capitalism; Anglo-American model; Business ethical framework; Ubuntu; Shared value; Critique JEL Codes: P1, P12, P5, P51
• Public URL: https://nottingham-repository.worktribe.com/output/4379351
• Publisher URL: https://www.tandfonline.com/doi/abs/10.1080/23322373.2020.1830697?journalCode=rajm20
• Additional Information: This is an Accepted Manuscript of an article published by Taylor & Francis in Africa Journal of Management on 13.11.2020, available online: http://www.tandfonline.com/10.1080/23322373.2020.1830697