There cannot be any clearer illustration of the impotence of Africa’s continental and regional institutions to find local solutions to the continent’s problems, than their numbing inaction in the face of the wave of popular rebellions against dictators in North Africa sweeping across the continent.
This paper examines global inequalities and the future of capitalism and socialism through an investigation of the oligarchic wealth on which the current global order is based and also looks at growing challenges to these social foundations of the present global system.
Whose interest does the ten-year Strategy document for Africa actually serve? The World Bank has shown little insight into the real problems Africa faces, focusing instead on ineffective policies, support for repressive regimes and projects that are known to have failed.
The recent wave of Afro-optimism boasting of economical and technological growth on the continent fails to stand up under closer scrutiny, veiling the harsh reality faced by Africans today.
