Beyond Capitalism and Marxism: Towards a New Theory of African Development

• Authors: Oyeshile Olatunji A. , Oladebo Omotayo
• Languages of publication: EN

Abstracts

EN

This paper revisits the perennial crisis of African development. The authors, unoblivious of theories that have been put forward for ending this crisis, delimit their intervention to the political and economic aspects. They review the dominant approaches to African development, that is, capitalism and Marxism. Following this review and a critical reading of the reigning orthodoxies of economic mobilization and statecraft inherent in pre-colonial Africa, the authors propose a liberal-paternalistic theory of development rooted in the idea of African socialism/communalism. They argue that this idea provides a veritable basis for Africa’s development.

Keywords

EN

Libertarian paternalism; African development; capitalism; Marxism; African socialism

• Publisher: Instytut Filozofii i Socjologii Polskiej Akademii Nauk; Fundacja Filozofia Na Rzecz Dialogu
• Journal: Dialogue and Universalism
• Year: 2019
• Issue: 1
• Pages: 217-232

Contributors

author

Oyeshile Olatunji A.

• University of Ibadan, Department of Philosophy, 200005, Ibadan, Oyo state, Nigeria.

author

Oladebo Omotayo

• University of Ibadan, Department of Philosophy, 200005, Ibadan, Oyo state, Nigeria.