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Pre-colonial Africa was made up of ethnic groups and states that embarked on migrations depending on seasons, the availability of fertile soil, and political circumstances. . Therefore, power was decentralized among several states in pre-colonial Africa (many people held some form of authority and as such power was not concentrated in a particular person or an institution).
Public education in the Central African Republic is free, and education is compulsory from ages 6 to 14. [1] AIDS-related deaths have taken a heavy toll on teachers, contributing to the closure of more than 100 primary schools between 1996 and 1998. [1] In 1991, the gross primary enrollment rate was 56.9 percent. [1]
Education economics or the economics of education is the study of economic issues relating to education, including the demand for education, the financing and provision of education, and the comparative efficiency of various educational programs and policies. From early works on the relationship between schooling and labor market outcomes for ...
The U.S. could be celebrated as an ally in supporting African prosperity by supporting entrepreneurial capitalism in Africa, even as it defunds anti-capitalist non-governmental organizations.
[8] However, the neo-capitalism philosophy most closely associated with Africapitalism is the theory of "creating shared value" [9] — a concept defined in a Harvard Business Review article titled "Creating Shared Value: Redefining Capitalism and the Role of the Corporation in Society", [10] written by economist, Professor Michael E. Porter ...
Capitalism 1.0 during the 19th century entailed largely unregulated markets with a minimal role for the state (aside from national defense, and protecting property rights); Capitalism 2.0 during the post-World War II years entailed Keynesianism, a substantial role for the state in regulating markets, and strong welfare states;
As he wrote in Africa Must Unite: "It is part of our revolutionary credo that within the competitive system of capitalism, the press cannot function in accordance with a strict regard for the sacredness of facts, and that the press, therefore, should not remain in private hands."
The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself. New York: Democracy at Work. Wolff, Richard D. (2024). Understanding Capitalism. New York: Democracy at Work. ISBN 978-1-7356013-6-6.