BEYOND CAPITALISM AND MARXISM: TOWARDS A NEW THEORY OF AFRICAN DEVELOPMENT
BEYOND CAPITALISM AND MARXISM: TOWARDS A NEW THEORY OF AFRICAN DEVELOPMENT

Summary/Abstract: This paper revisits the perennial crisis of African development. The authors, unobliviousof theories that have been put forward for ending this crisis, delimit their interventionto the political and economic aspects. They review the dominant approachesto African development, that is, capitalism and Marxism. Following this review anda critical reading of the reigning orthodoxies of economic mobilization and statecraftinherent in pre-colonial Africa, the authors propose a liberal-paternalistic theory ofdevelopment rooted in the idea of African socialism/communalism. They argue that thisidea provides a veritable basis for Africa’s development.

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