Economies in Bondage: An Essay on the Mining Industry in Africa

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Abstract

Explains how mining companies are organized "in a network of overlapping groups so that even though a company may compete directly with another at one level, their higher-level supranational organization emphasizes their common interests" (p. 19). African states were constrained to use Western advisors whose counsel was "likely to be limited to the purely technical (in either law, or economics, or engineering -- and conceived in the context of status quo," whereas the crucial problems are surely political, so that "the context of African decision-making should be oriented toward a future world system quite different from today's" (p. 19).

Original languageAmerican English
JournalAfrica Today
Volume14
StatePublished - Jun 1 1967

Keywords

  • Minerals
  • Gold mining
  • Market prices
  • Economic development
  • Capital investments
  • Copper industry
  • Copper mining
  • Economic costs

Disciplines

  • Anthropology
  • Social and Behavioral Sciences

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